Leudelange, October 9, 2023

Luxempart announces the departure by mutual consent of Olaf Kordes, one of its Managing Directors, for personal reasons.

Luxempart thanks Olaf Kordes for his great contribution to the group over the last years. He has been instrumental in implementing the group’s strategy and in developing our Direct Investments activity in France.

We wish Olaf every success in his future endeavours.

About Luxempart

Luxempart is a Luxembourg-based listed investment company with a net worth of EUR 2.2bn backed by Luxembourgish entrepreneurial families. With permanent capital and a professional investment team, Luxempart provides flexible long-term financing solutions to entrepreneurs, families and management and actively supports its portfolio companies in their growth and international expansion.

Contact: John Penning +352 437 43 5101