True Value Investments SGIIC announces its full integration into the Inveready Group, which already held a majority stake of 50.01%. This operation responds to organisational and strategic reasons that will support True Value's growth thanks to the support and synergies of the Inveready Group.
As part of this integration, the current minority shareholders of True Value Investments SGIIC will become shareholders of the parent company of the Inveready group, thus maintaining their participation, albeit indirectly, in the management company.
The entire True Value team will continue to work as before. Both Alejandro Estebaranz, who will continue as Chairman of the Board of Directors and Chief Investment Officer, and José Luis Benito, who will continue as Chief Executive Officer, maintain their functions at the head of the management company.
True Value's operations, investment philosophy and business relationships remain unchanged.
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