Annual Report 2022

In response to the growth of the Group´s businesses and the changing urban environment, D’Ieteren Group is consolidating its presence in Brussels by launching a project to transform its historic headquarters. The site’s transformation aims to be multifunctional and sustainable by integrating the needs of the neighbourhood and the environment.

In August, D´Ieteren Group closed the acquisition of Parts Holding Europe (PHE), a Western leader in the distribution of vehicle spare parts present in six European countries. Later on, PHE entered into exclusive negotiations with MACIF to dispose of its specialized glass repair activity business Mondial Pare-Brise in accordance with the remedies imposed by the EU´s competition law.

The company has announced the appointment of Carlos Brito, one of the world’s top business leaders, as Chief Executive Officer at Belron Group. He joined the company in January and occupies the position since March 2023, following a handover period. Gary Lubner, who has been Belron’s CEO since 2000, will remain on the Board of Belron Group following the handover.

In September, almost 10,000 Belron colleagues joined the company´s major fundraising event, the Spirit of Belron Challenge, and raised over €2.2 million for their special charity partner, Afrika Tikkun. This year they combined their virtual challenge and sports day at Dorney Lake, with 27 countries taking part. During the week of the event, participants cycled, ran, walked, swam, and travelled by wheelchair more than 184,700 kilometers, or 4.6 times around the world!

This life-changing journey, as the project is called internally at TVH, is part of its Nudge Health Policy. Through Nudge, the company encourages its employees to make healthier choices by setting up initiatives on mental well-being, nutrition, and sports. This time, they went one step further and, on the 26^th of May, 20 TVH colleagues successfully completed a quarter triathlon in Izegem, Belgium.

TVH has achieved another milestone in its sustainability performance by obtaining the Bronze Medal awarded by EcoVadis, a global rating organization. TVH was in the top 20% of companies rated by EcoVadis in the “Wholesale of other machinery and equipment industries” category, reflecting the company´s larger sustainability vision: “contributing our part now for future generations”.

D´Ieteren Auto becomes Microlino distributor for the Belgian market, as part of the company´s aim to become a major player in the alternative and sustainable mobility sector. The first Microlino will be delivered to Belgian customers in the first half of 2023.

Through its acquisition of Go Solar, EDI, Belgium's leader in the marketing and installation of electric vehicle charging stations, completes its offer to motorists by offering them the opportunity to be both producers and consumers of energy.

Marcello Treglia has been appointed as Moleskine´s new Chief Financial Officer, taking responsibility over the group's financial operations and management. He joined the company in February 2022 and brings extensive experience and expertise in international retail built through his multiple finance executive roles across Italy and the Americas.

D’Ieteren Group has received the Euronext Brussels 2022 Sustainable Growth Award. The award is granted to the company with the best result in the combined ranking of its ESG score and its stock price performance over the past decade.

In 2022, the D’Ieteren Group committed to the Science Based Target Initiative (SBTi), with the goal of having 100% of its portfolio companies obtain validation of their SBTs by the end of 2025.