Belgian corporate titan Albert Frère dies
European family business icon Albert Frère, who built his father’s construction supplies business into a global investment conglomerate, died on 3 December aged 92.
The Belgian billionaire founded investment holding company Compagnie Nationale a Portefeuille (CNP) and jointly controlled Groupe Bruxelles Lambert (GBL) via his family holding company Groupe Frère-Bourgeois (GFB).