Exor N.V. is a leading investment company, incorporated in The Netherlands and controlled by Italy's Agnelli/Elkann family. It has a capitalization of over $13 billion USD, with a history of investments running over a century. Its principal investments include Fiat Chrysler Automobiles, CNH Industrial and Ferrari. Resultantly, Exor is first as an economic group in Italy for sales volume, and the 20th in the world, according to 2017 Fortune Global 500 List.
In 1957 IFI acquired control of Istituto Commerciale Laniero Italiano, which conducted activities in the financial field, particularly in the textile and wool sector. In 1963 it extended its operations to the banking system and changed its name to Istituto Bancario Italiano Laniero. Three years later, having spun off the banking business to Banca Subalpina, the company became Istituto Finanziario Italiano Laniero , playing a parallel role to that of IFI and conducting similar investment management activities.
Source: Wikipedia.org
Copyright: Creative Commons 3.0
Torino, Italy
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