Olivier Perier, heir to the D’Ieteren auto empire, has expanded his family holding company SPDG to €3.5 billion in net assets following a 2024 stake sale to his cousin Nicolas D’Ieteren. The Brussels-based firm, now led by Perier as chairman and CEO, is targeting majority stakes in European companies focused on sustainable development — including energy, transport, and infrastructure. SPDG, which requires no external fundraising and operates without fixed timelines, has already invested in firms like La Compagnie, Octave, Green Neon, and Global Dental Services.
The firm’s growth follows a major family reorganization that blindsided minority investors and triggered a stock dip for D’Ieteren Group. SPDG has also opened a Paris office in the historic Hotel de Bourrienne and grown its team to 32, hiring Christian Cara as chief investment officer. While rejecting the “family office” label, SPDG describes itself as an industrial holding company with two-thirds of assets in operational real-economy firms and one-third in financial assets, with individual equity investments ranging from €200 million to €750 million.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing