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Family HoldingAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 6 SOURCES

Compagnie du Bois Sauvage

Main shareholder (Paquot family group) Entreprises et Chemins de Fer en Chine

Brussels holding listed on Euronext Brussels, controlled by the Paquot family; invests long term in chocolate (Neuhaus, Jeff de Bruges), real estate and private equity funds.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family & background

FAMILY
Paquot family
HEADQUARTERS
Brussels, Belgium
FOUNDED
1991
OUTSIDE CAPITAL
No — own capital only

Investment approach

GEOGRAPHY
EuropeNorth America
STAGES
GrowthBuyout
ROUTES
Direct investments · Funds (as LP)
STRATEGIES
Direct investmentsPrivate equityFunds (as LP)Real estatePublic equities

Overview

Compagnie du Bois Sauvage was formed in 1991 by Chevalier Guy Paquot from the merger of nineteen companies and is listed on Euronext Brussels; its main shareholder, Entreprises et Chemins de Fer en Chine, belongs to the group controlled by the Paquot family. It holds a limited number of long-term stakes organised in three poles: chocolate (Neuhaus, Jeff de Bruges, Corné Port-Royal, Artista Chocolates), real estate, and industry and services. After a 2025 strategic review it is gradually replacing direct industrial stakes and listed holdings with investments in private equity funds. Its intrinsic value was EUR 925 million at 30 June 2026.

Investment thesis

Long-term heritage investor alongside entrepreneurs, concentrated on a few holdings: chocolate as the core growth driver, self-financed real estate for stability, and private equity funds progressively replacing direct industrial stakes.

Holdings & investments (19)

  • Neuhaus
    Food & Agriculture
  • Jeff de Bruges
    Food & Agriculture · Sole shareholder since 2026 (remaining 34% acquired)
  • Corné Port-Royal
    Food & Agriculture
  • Artista Chocolates
    Food & Agriculture
  • Ecuadorcolat
    Food & Agriculture
  • Umicore
    Industrial & Manufacturing
  • Berenberg Bank
    Fintech
  • Galactic
    Industrial & Manufacturing
  • Futerro
    Industrial & Manufacturing
  • MAASH
  • NOOSA
  • Eaglestone
    Real Estate & PropTech
  • Fidentia BeLux Offices
    Real Estate & PropTech
  • First Retail International 2 (FRI²)
    Real Estate & PropTech
  • Mitiska European Real Estate Partners 3 (MEREP 3)
    Real Estate & PropTech
  • Praça de Espanha
    Real Estate & PropTech
  • Chmielna - Piano Forte - Moniuszki
    Real Estate & PropTech
  • Sentinel National Urban Residential Partner I, LP
    Real Estate & PropTech
  • Corc LLC
    Real Estate & PropTech

People

  • Hubert Olivier
    Chairman of the Board (representing Tigrane SAS), independent director · source
  • Valérie Paquot
    Director representing the main shareholder · source
  • Marie-Noël Paquot
    Director representing the main shareholder (representing Blacercel SA) · source
  • Gilles van der Meerschen
    Director representing the main shareholder · source
  • Karen Dumery
    Independent director (representing GoAct BV); chair of the audit and risk committee · source
  • Thibault Van Craen
    Independent director · source
  • Nils Van Dam
    Independent director; chair of the nomination and remuneration committee · source
  • Christophe Mignot
    Independent director · source
  • Benoit Deckers
    Chief Executive Officer (Directeur Général) · source

Classification

Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →

FAQ

Compagnie du Bois Sauvage is a family holding based in Brussels, Belgium, founded in 1991.

Compagnie du Bois Sauvage invests on behalf of the Paquot family family.

Compagnie du Bois Sauvage invests directly in companies and in third-party funds as an LP. Its stated asset mix includes direct investments, private equity, funds (as lp), real estate and public equities.

Compagnie du Bois Sauvage invests at Growth and Buyout stages in Food & Agriculture, Consumer & E-commerce, Real Estate & PropTech and Industrial & Manufacturing.

Key people at Compagnie du Bois Sauvage include Hubert Olivier (Chairman of the Board (representing Tigrane SAS), independent director), Valérie Paquot (Director representing the main shareholder), Marie-Noël Paquot (Director representing the main shareholder (representing Blacercel SA)) and Gilles van der Meerschen (Director representing the main shareholder).

Compagnie du Bois Sauvage's holdings and investments include Neuhaus, Jeff de Bruges, Corné Port-Royal, Artista Chocolates, Ecuadorcolat, Umicore, Berenberg Bank and Galactic, among others.

The most recent publicly reported investment by Compagnie du Bois Sauvage is Eaglestone (Participation in capital increase (follow-on)), announced in Sep 2026.

No. Compagnie du Bois Sauvage invests its own capital and does not raise money from outside investors.