
FACTBOX-Czech billionaire Kretinsky's sprawling empire

Czech billionaire Daniel Kretinsky continues his buying spree, with EP Group finalizing a deal to take private the owner of Royal Mail in Britain. Kretinsky's investments span various sectors, including energy, retail, media, and logistics. He also holds stakes in companies such as Casino, Fnac Darty, Metro, and Sainsbury's. Additionally, Kretinsky is involved in the steel industry through Thyssenkrupp and is trying to persuade creditors to support his bid for Atos. He also owns several media titles, including Elle and Marianne.
(Updates International Distributions Services, Thyssenkrupp, Atos)
May 30 (Reuters) - Czech billionaire Daniel Kretinsky pressed on with his buying spree on Wednesday as EP Group, one of his investment vehicles, finalised a deal to take private the owner of Royal Mail in Britain.
Kretinsky, 47, a former investment bank lawyer who built one of Europe’s largest energy groups, Energeticky a Prumyslovy Holding (EPH), has been diversifying into retail, media and other areas.
His net worth stands at $9.4 billion, according to Forbes.
Kretinsky operates through various investment vehicles, including EP Group and VESA Equity Investment. The latter has a portfolio valued at more than 3 billion euros ($3.24 billion), according to its website.
Here is a summary of some investments by firms controlled by Kretinsky and his long-term business partner, Patrik Tkac:
EPH
Kretinsky holds slightly over 50% in EPH through its parent EPCG, which owns scores of energy companies across western and central Europe.
The energy business of EPCG reported a combined core profit (EBITDA) of 7.3 billion euros for 2023.
POSTAL SERVICES * International Distributions Services (IDSI.L)
The owner of Britain’s Royal Mail said on May 29 it had agreed to a 3.57 billion pound ($4.53 billion) takeover by Kretinsky. * PostNL (PTNL.AS)
Kretinsky has accumulated a 31.4% stake in the Dutch mail and package delivery group through VESA, a regulatory filing showed in November 2022. * Quadient (QDT.PA)
Kretinsky invested 1 billion Czech crowns ($43.58 million) in November to buy a stake in the French mailroom equipment company. VESA owns 10% of the voting rights, according to its website.
RETAIL * Casino (CASP.PA)
Kretinsky’s Casino buyout consortium said in February that the Paris Commerce court had approved its plan to bail out the debt-laden French retailer under an accelerated protection procedure.
The consortium will end up with 50.4% to 53% of Casino shares, based on a July 2023 agreement. * Fnac Darty (FNAC.PA)
VESA became the largest shareholder of the French retailer, data by French markets regulator AMF showed. VESA owns 29% of Fnac Darty’s voting rights, according to the investment vehicle’s website. * Foot Locker (FL.N)
VESA owns 12.3% voting rights in the U.S. sportswear and footwear retailer. * Metro (B4B.DE)
Kretinsky is the controlling shareholder of the group with 49.99% of the German retail group’s voting rights, German weekly “Lebensmittelzeitung” reported in March. * Sainsbury’s (SBRY.L)
VESA has a 9.99% stake in the British supermarket group, LSEG data showed. MEDIA * Editis
France’s Vivendi (VIV.PA) agreed in June to sell its publishing business Editis to International Media Invest, a unit
of Kretinsky’s Czech Media Invest (CMI).
Vivendi said in November it would receive a total of 653 million euros after finalising the sale. * Elle, Marianne
Kretinsky also owns several French titles via CMI, such as Elle and news magazine Marianne, according to the CMI website. * TF1
VESA holds 5% in French TV company TF1, LSEG data shows. OTHER * Thyssenkrupp (TKAG.DE)
The German industrial conglomerate said on May 23 its supervisory board approved a planned sale of 20% of its steel division to Kretinsky despite continued opposition from labour representatives.
Thyssenkrupp said in April that the parties are also in talks about the acquisition of a further 30% stake, aiming for a 50-50 joint venture. * Atos (ATOS.PA)
Kretinsky is trying to persuade creditors to side with him in the battle for Atos, a source close to the matter said in May.
His EP Equity Investment (EPEI), in partnership with British fund Attestor, is
offering to erase
more than 90% of Atos’ 4.8 billion-euro financial debt and sell large parts of the company, with the proceeds partially distributed to creditors. * DoDo
Logistics firm DoDo, which provides fast delivery services to customers in e-commerce, retail and food delivery, said in May 2022 that Kretinsky would inject 60 million euros into the group over two years to support its international expansion. * West Ham
Kretinsky’s 1890s Holdings group has a 27% stake in the English Premier League soccer club, according to the club’s website, in addition to his ownership of the leading Czech team, Sparta Prague. ($1 = 0.9265 euros) ($1 = 0.7883 pounds) ($1 = 22.9450 Czech crowns)
