Deals
Albert Frere, Belgian Billionaire Investor, Dies at 92
- He had ‘uncanny timing’ as an investor, Henry Kravis said
- Held stakes in companies ranging from Total to Pernod Ricard
Albert Frere in 1998.
Source: Ibourki - Lebrun/Photonews via Getty Images
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Albert Frere, the Belgian billionaire whose investments shaped some of Europe’s largest companies in more than half a century of deal-making, has died, according to his Groupe Bruxelles Lambert SA. He was 92.
Frere became Belgium’s richest man by turning his family’s nail and chain business into an empire stretching from energy to alcohol. He held interests in oil producer Total SA, cement maker LafargeHolcim Ltd., athletic-shoe maker Adidas AG, distiller Pernod Ricard SA and energy company Engie SA.