X-Nico

unusual facts about holding company



Arkansas Best Corp. v. Commissioner

Arkansas Best, a diversified holding company acquired a large percentage of the stock of the National Bank of Commerce in Dallas, Texas.

Buchanan Dam

Construction of the then-named George W. Hamilton Dam was started in 1931 by a company controlled by Samuel Insull, but soon ended with the dam less than half completed when his highly leveraged public utility holding company collapsed during the Great Depression.

Caemi

Caemi Mineração e Metalurgia S.A. was a major Brazilian mining holding company that ceased to exist in December 2006 after it was merged into Vale.

Canica

Canica is a private holding company, based in Oslo, Norway, created to own the RIMI grocery store chain, owned by Stein Erik Hagen (10%) and his three children Caroline Marie Hagen, Carl Erik Hagen and Nina Camilla Hagen (30% each).

Field Enterprises

Field Enterprises was a private holding company founded on August 31, 1944, by Marshall Field III and others whose main asset was the Chicago Sun.

José Carlos Semenzato

The holding presided by Semenzato has a number of other affiliated companies: Editora Raízes (a publishing house), a printshop, Star Brindes (a gift manufacturing company) and ProfSat (a satellite-based distance education and corporate communication company, in society with the Universidade de Uberaba).

The conglomerate, which has been restructured as a holding named FranHolding has other franchising chains, such as the Instituto Embelleze, in the area of professional education in cosmetics, NumberOne Idiomas, in the area of idioms teaching, and Ricardo Almeida, a clothing fashion school.

Korongo Airlines

In December of that year, Korongo Airlines was founded, with 70 percent of its shares being owned by Airbel, a Belgian holding company, which in turn is owned by Brussels Airlines (49.5 percent) and Forrest Group (50.5 percent).

Landau, Luckman, and Lake

Landau, Luckman, and Lake or LLL is the name of a fictional holding company featured in the pages of the Wolverine, Uncanny X-Men and Deadpool comic books, published by Marvel Comics.

Microlins

Microlins belongs to a holding company, FranHolding, presided also by Semenzato, which owns also other franchise chains, such as Instituto Embelleze, NumberOne Idiomas, ProfSat, and others.

Newport Television

Newport Television, LLC was a television station holding company founded by Providence Equity Partners and Sandy DiPasquale in 2007 to acquire the television stations owned by Clear Channel Communications.

Puget Sound Shore Railroad

Villard gained control of the NP in June 1881, and created the Oregon and Transcontinental Company (O&T) as a holding company for the NP and other companies that would build branch lines prohibited by the NP's charter.

Reino Aventura

In March 1999, Premier Parks, the holding company for all the Six Flags theme parks, announced the purchase of Reino Aventura for an estimated $59 million.

Thomas Mellon Evans

In 1939, he was able to purchase the bankrupt H. K. Porter, Inc., a manufacturer of light-duty railroad locomotives that he would diversify into the steel, hardware, and construction material business before converting the company into a holding corporation that would, during Evans time, take over more than eighty U.S. companies.


see also

2009 Medair Bell 206 crash

The CEO of the holding company affiliated with Medair, Ali Sabancı, told that the helicopter was regularly maintained and the ELT device was installed one week before the accident.

Ainax

After Volvo was ordered to discontinue its ownership in Scania, the shares were placed in a separate holding company, which was then divested to the Volvo shareholders, and also traded on the NASDAQ OMX Group marketplace Nya Marknanden, today First North.

B Communications

B Communications functions as a holding company of Bezeq The Israeli Telecommunication Corp Ltd. It is a subsidiary of Internet Gold, namely Internet Gold Golden Lines, itself a subsidiary of Eurocom Communications Ltd., owned by Shaul Elovitch.

B Communications is a publicly traded holding company, headquartered in Israel, whose sole asset is a controlling interest in Israeli telecommunications provider Bezeq.

Bio Products Laboratory

It is owned by Bain Capital (80%) and the UK Government (20%) via holding company Plasma Resources UK Ltd.

Buses in Milton Keynes

Milton Keynes Citybus was purchased on 2 May 1997 by bus entrepreneur Julian Peddle, using a new Premier Buses Ltd company both to operate in Huntingdon and as a holding company with which to purchase Milton Keynes Citybus.

Charles Wells Ltd

Charles Wells Ltd is the holding company of the Charles Wells Pub Company, a pub chain, and of Wells & Young's, a brewing company formed from the merger of the brewing operations of Young's Brewery with Charles Wells.

CHARM Bank

Robertson Stephens was acquired by BankAmerica, the holding company owning Bank of America and its subsidiareis, in 1997.

Cockburn's Port House

In 1962, the company ceased to be a family-owned business when it was sold to Harvey’s of Bristol, which itself then became part of Allied Domecq until 2005, when Allied Domecq was taken over by Pernod Ricard, which sold Cockburn's and some other brands to the Fortune Brands holding company (the parent company of Beam Global).

Dar es Salaam commuter rail

RAHCO, the holding company of TRL, issued a tender in September 2013 inviting bids for feasibility studies and the design of new railway lines from its central station to four destinations: Luguruni (Morogoro Road), Chamazi (Kilwa Road), Pugu (via Julius Nyerere International Airport) and Kerenge.

Derry Journal

In 1998, the McCarroll family sold the paper to what became Trinity Mirror, who sold it to Local Press Ltd, a 3i holding company, in January 2004.

Disney Enterprises

Retlaw Enterprises, originally Walt Disney Inc. then WED Enterprises, was Walt Disney's personal corporation that owned the rights to his name and other properties affiliated with Walt Disney Productions and Disneyland that latter became a real estate and TV stations holding company.

Dmitry Lesnevsky

In 2006, Dmitry Lesnevsky co-founded REN Media Group, an international holding company, and became Chairman of the Management Board.

Eduard Shifrin

He is the co-founder with Alexander Shnaider of Midland Group, a holding company headquartered in Guernsey that embraces interests in steel (Zaporizhstal), shipping, real estate, agriculture and owned motorsport (Midland F1 Racing).

El Liberal

Between 1890 and 1906, it was edited by Miguel Moya (1856–1920), a leading Spanish journalist who would go on to preside the holding company and to found the Asociación de la Prensa de Madrid, which he would also preside from 1895 to 1920.

Francesco De Leo

Before joining Wind, Francesco De Leo served as an Executive Director at IFIL-Exor, the financial holding company controlled by the Agnelli family which owns among others FIAT Group, Worms, Cushman & Wakefield, and Juventus.

Fred's Frozen Foods

As of 2002, both brands are operated by Windsor Quality Food Company, LTD, which is ultimately owned by the Hojel and Meinig families through their holding company HM International based in Tulsa, Oklahoma.

Genevieve Atkinson

When Adam Newman (Michael Muhney) sells cosmetics line Beauty of Nature off to the highest bidder, Jack was planning on becoming the highest bidder and winning the line, however, Genevieve's bid, from her holding company FMN, becomes the highest and she becomes the owner of Beauty of Nature.

Georges Minsay Booka

In 2007 there was an ownership dispute over the Kalukundi Mine when a DRC company named Akam Mining claimed it had bought control of Swanmines, the holding company, and this claim was upheld in a superior court in Lubumbashi.

Giad Auto

Founded in March 1997, Giad Auto is a joint venture of the SMT Engineering Co., Ltd. arms companies with the state Military Industry Corporation and operates as a holding company for seven subsidiaries.

Grand China Air

Grand China Air is managed under a parent company called Grand China Airlines Holding Company (GCAHC) which is held jointly by Hainan province government (48.6%), George Soros (18.6%), and the HNA group (32.8%).

Hibbett

Hibbett Sports, publicly traded holding company for Hibbett Sporting Goods, sporting goods retailer

Igor Bavčar

On the same year, he became the chairman of the Istrabenz holding company from Koper, which made him one of the most powerful managers in Slovenia.

Illuminati II

Illuminati II and Noir were founded concurrently in 2005 by Danish fashion designer Peter Ingwersen, and together with the diffusion line Bllack Noir, introduced in 2008, the three brands are owned by the holding company Noir Illuminati II Holding.

Industrial and General Insurance Company

DFCU Group - Through NIC, IGI is a minority shareholder in the holding company of DFCU Bank, the 5th largest bank in Uganda.

Iskander Makhmudov

CJSC Transmashholding (TMH), a holding company owned partially by Mr. Makhmudov, is Russia's largest producer of rolling stock for railways and subways.

K25FW

K25FW is a Home Shopping Network affiliate for the Dallas / Fort Worth Metroplex, licensed in Corsicana, Texas, owned and operated by Ventana Television, the holding company for HSN's low-power television stations.

Knut Wulff

In 1980 the company Fleur de Santé was started, owned half by Knut Wulff, and half by Fortia, the publicly traded holding company of Pharmacia.

Luxe.tv

Sergey Pugachyov's OPK Luxadvor S.A. holding company acquired a 72% controlling stake in the channel from its founders in April 2009.

Magang

Maanshan Iron and Steel Company (马鞍山钢铁股份有限公司), the subsidiary company of Magang (Group) Holding Company

Michael D. Dingman

He is President of Shipston Group Ltd., a diversified international holding company based in Nassau, Bahamas.

Monocoupe Aircraft

Following Willard Velie's death in March 1929, the Velie interests were sold to Allied Aviation Industries, a holding company.

North American Light and Power Company

The North American Light and Power Company was a utility holding company formed in South Bend, Indiana and run since 1916 by its President, Clement Studebaker, Jr., of the family famous for the Studebaker automobiles.

Notícia Já

Notícia Já is owned and managed by a larger communications holding company, Rede Anhangüera de Comunicação (RAC), which owns the two other newspapers in Campinas, and others in the cities of Piracicaba and Ribeirão Preto, such as Correio Popular, Diário do Povo and Gazeta do Cambuí.

Open GI

In September 2007, Open GI’s holding company, Open International, was acquired, again by the management team together with a number of shareholding directors at Towergate, for £276m.

Paul Helliwell

Helliwell continued to work as a lawyer in Miami and served as legal counsel to a Panamanian holding company that controlled a Bahamian gambling casino connected with Meyer Lansky.

Reginald Lewis

Lewis had learned from a Fortune magazine article that the Esmark holding company, which had recently purchased Norton Simon, planned to divest from the McCall Pattern Company, a maker of home sewing patterns founded in 1870.

Robert Bandeen

One of his first major decisions as vice-president Great Lakes Region was to consolidate the U.S. lines under a newly created holding company named Grand Trunk Corporation.

SM Development Corporation

SM Development Corporation is a real estate firm and subsidiary of SM Investments Corporation, the investment holding company of Henry Sy.

Snorrason

Snorrason Holdings, Icelandic holding company with primary interests in online payment processing

Summit Square

Originally, the tenants of One Summit Square were electricity provider Indiana Michigan Power along with Summit Bank and its holding company Summcorp (the largest bank in Fort Wayne at the time).

Sunil Deshmukh

Additionally, he also serves as the ex-officio Vice-Chairman of the Maharashtra State Electricity Board's holding company and as the co-chairman of Maharashtra State Road Development Corporation Ltd.

Susan Ivey

In July 2004, Brown & Williamson combined with R. J. Reynolds, and Reynolds American, Inc. was created as a new holding company, with R. J. Reynolds Tobacco Company as its chief operating subsidiary.

Tiko Air

The airline was established in 2000 by the Tiko Holding Company (owned by the Ex-President of Madagascar, Marc Ravalomanana) and Air Madagascar.

UNIFI

UNIFI Companies, the company formed by the 2006 merger of Ameritas Acacia Mutual Holding Company and Union Central Life Insurance Company

Union Tank Car Company

TransUnion was formed as a holding company in 1968, and began acquiring credit bureaus.

Vittorio Merloni

Son of Aristide Merloni He is the Honorary Chairman of Indesit Company whose Chairman is his son Andrea Merloni), and Fineldo (chaired by his daughter Antonella) the family holding company that controls Indesit Company and other Group interests.

Werner Rey

Through his companies, Werner Rey held controlling participations in the Metallwerke Selve AG in Thun, the commodity inspection company Inspectorate International, the holding company Omni Holding AG, the Swiss media conglomerate Jean Frey AG, the temporary employment agency Adia Interim (today part of Adecco), and a substantial 30 percent of the established Sulzer group, among others.

William H. Luden

In 1928, the company was acquired by Food Industries of Philadelphia, a holding company owned by the Dietrich family.