Van de Vyvere family: At the helm of Sea-Invest, Valuation at €788M
Van de Vyvere family
- Company: Sea-Invest
- Location: Vinderhoute, Antwerp, and Zeebrugge
- Main activities : Port processing and trade
- Evolution : Constant growth
- Current rank : 49th
- Net worth : 788,077,000 euros
Sea-Invest, under the management of Philippe Van de Vyvere, has established itself as one of Europe's leading players in the handling of various commodities such as coal, ores, fertilizers and fruit. This position has been strengthened by Belgian New Fruit Wharf, which manages this segment of the business. Over the last two decades, the company has also integrated the liquid bulk handling division, namely chemicals, petroleum products, fertilizers, oils and animal fats, consolidating its reputation in the sector.
The development of Sea-Tank, formerly LocachimThis has been a key expansion strategy, notably with the establishment of terminals in Bordeaux, Rouen and Antwerp. In 2010, a partnership with Glencore meant a major investment of 250 million euros for the construction of aroduct storage oil tankers à Antwerp, marking Glencore's entry into this sector.
The company manages an annual volume of more than 120 million tonnes of goods and sales in excess of one billion euros. It has also played an important role in the development of a state-of-the-art biomass power plant in Ghent, which should generate enough green electricity for hundreds of thousands of homes and create new permanent jobs.
Despite some recorded losses, linked in particular to the fall in oil prices in 2015, the company made strategic moves by increasing its capital significantly in 2018. Prudent management and timely decisions demonstrate the expertise and wisdom of management.
Discretion is the hallmark of Philippe Van de Vyvere, which has become a key pillar of the Belgian port sector, demonstrating not only know-how, but also a long-term vision that has secured the company against market fluctuations with a assets estimated at over 800 million euros.
