Louis Dreyfus Company
 | |
| Société par actions simplifiée | |
| Industry | Merchant |
| Genre | Agriculture, Food processing, Transportation |
| Founded | 1851 |
| Founder | Léopold Louis-Dreyfus |
| Headquarters | Amsterdam, The Netherlands |
Area served | Worldwide (operations in 100+ countries) |
Key people |
Margarita Louis-Dreyfus (Chairman) Gonzalo Ramírez Martiarena (CEO) |
| Products | oilseeds, grains, juice, fertilisers, cotton, sugar, rice, coffee, dairy, metals, etc. |
| Services | freight, finance, etc. |
| Revenue | US$55.7 billion (FY2015) |
| US$1,356 million (FY2015) | |
|
US$211 million (FY2015) US$648 million (FY2014) | |
| Total assets | US$18.6 billion (FY2015) |
| Total equity | US$4,863 million (FY2015) |
| Owner |
(90%) Louis Dreyfus family (10%) Employee owned |
Number of employees | 22,000+ (FY2015) |
| Website |
www |
|
Footnotes / references Annual Report 2015 | |
Louis Dreyfus Company is a global merchant company that is involved in agriculture, food processing, international shipping, and finance. It also owns and manages hedge funds, ocean vessels, develops and operates telecommunications infrastructures and is involved in real estate development, management and ownership.[1] Louis Dreyfus is one of the "ABCD" quartet of companies - alongside Archer Daniels Midland, Bunge and Cargill - that dominates world agricultural commodity trading.[2]
Dreyfus makes up about 10% of the world's agricultural product trade flows. They also are the world's largest cotton and rice trader.[3] They are also regarded by many as the second-largest player in the world's sugar market.[4]
The company Louis Dreyfus Holding BV has its headquarters in the World Trade Center Amsterdam in Amsterdam.[5]
Louis Dreyfus companies are present in more than 100 countries, with 72 offices. Major offices are located in Geneva, London, Beijing, Buenos Aires, Paris, São Paulo, Singapore, New York City and Connecticut.[6]
Aggregate average annual gross sales in recent years have exceeded $120 billion. The company employs more than 22,000 people globally at peak season.
History
In 1851, the company was founded in the Alsace region of France by Léopold Dreyfus, the 18-year-old son of a farmer from Sierentz, under the name of his father, Louis Dreyfus. Léopold purchased wheat from local farmers in Alsace and transported it to Basel in Switzerland, 13 kilometres (8 mi) away.[7] Léopold developed a fortune whilst still a teenager through cross border cereal trading. He rapidly diversified across shipping, weapons manufacturing, agriculture, oil and banking, thus establishing one of the wealthiest dynasties in Europe.[8] His descendants still own the company to this day. By the early 20th century, the Louis-Dreyfus family was described as one of the "five great fortunes of France". However, as a Jewish family during the Second World War much of the family assets were confiscated by the Vichy government and some members of the family fled to America.[9]
Leopold Louis-Dreyfus's great-grandson, Gérard Louis-Dreyfus, was chairman of Louis Dreyfus Energy Services, a subsidiary of the group involved in crude-oil trading, gas investments and infrastructure. Gérard is also the father of American actress Julia Louis-Dreyfus, the Emmy-winning star of Seinfeld. Another branch of the dynasty, based in Paris, was headed by Robert Louis-Dreyfus (who was also the CEO of Adidas) until his death in 2009. It is currently overseen by his widow, Russian-born Margarita Bogdanova Louis-Dreyfus.[10] A third branch of the family's business is headed by Philippe Louis-Dreyfus (born 1945) and is concerned primarily with offshore industrial activities and freight shipping operations.[11]
See also
References
- ↑ "Groupe Louis Dreyfus S.A. - Company Profile, Information, Business Description, History, Background Information on Groupe Louis Dreyfus S.A.". Retrieved 7 April 2015.
- ↑ "Reuters". Reuters. Retrieved 26 March 2015.
- ↑ "Bloomberg". Bloomberg. Retrieved 18 September 2015.
- ↑ "reuters". Reuters. Retrieved 16 May 2012.
- ↑ "Contacts." Louis Dreyfus Group. Retrieved on October 30, 2012. "WTC Amsterdam Tower H - Level 25 Zuidplein 208 1077 XV Amsterdam The Netherlands"
- ↑ "Louis Dreyfus". Intern Here. Retrieved 7 April 2015.
- ↑ "Louis Dreyfus Company :: Our heritage". www.ldcom.com. Retrieved 2016-09-08.
- ↑ Saatchi & Saatchi: The Inside Story, By Alison Fendley, page 100, Arcade Publishing, 8 Oct 1996
- ↑ The History of Foreign Investment in the United States, 1914-1945, Harvard University Press, 2004, By Mira Wilkins, page 479
- ↑ Bermant, Yoel. "Margarita Louis-Dreyfus, Head of Louis Dreyfus Holdings, Is Winning the Battle to Keep the Company in Family Hands". Retrieved 7 April 2015.
- ↑ "Board of Advisors". London International Shipping Week. Retrieved 7 April 2015.