Company contacts

Investment universe

We define the group of companies in which we can invest as our investment universe. 

In line with our bottom-up approach we closely follow the press releases and financial reports of companies in our investment universe. We take notice of the research that brokers are publishing. We also attend presentations, visit companies and speak with management on a regular basis. On average we have 300 company contacts per year.

Of all these company contacts we make reports for our files. When we have an exclusive meeting with a company we follow a strict approach. We always prepare such a meeting carefully and evaluate it internally.

This group of companies is not static. Companies disappear by mergers and acquisitions and IPOs add new companies.

Note that the list of company contacts is not an exact representation of our investment universe. Some companies are included in the investment universe where we did not have a meeting for the past 12 months. From time to time we also have meetings with companies outside of our existing investment universe that are interesting or that will be added to the universe in the future.

In the last 12 months we had the following company contacts.

Company contacts

Company

Jul 2022

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

Apr 2023

May 2023

Jun 2023

2G Energy

V

V

2

3U Holding

V

1

Aalberts

V

1

Acerinox

V

V

2

Adidas

V

V

V

3

Adtran

V

1

Afyren

V

1

AGEAS

V

1

Agfa

V

1

Agrana

V

V

V

3

Ahold Delhaize

V

V

V

V

V

5

Aixtron

V

V

V

V

V

6

Akzo Nobel

V

V

V

V

V

V

6

All for One

V

1

Allgeier

V

1

Altech Advanced Materials

V

1

ALTRI

V

1

Amplifon

V

1

Antares Vision

V

1

Aperam

V

V

V

V

V

5

Applus

V

1

Aquafil

V

V

2

Arcadis

V

V

V

V

5

Arcelor Mittal

V

V

2

Arctic Paper

V

1

Ariston

V

1

ASM International

V

V

V

V

V

5

ASML

V

V

V

V

V

5

AT&S

V

V

V

3

Atea

V

1

ATOSS Software

V

1

Aumann

V

V

2

Aurubis

V

V

V

V

4

Azelis

V

V

V

3

B&S Group

V

V

2

Barco

V

V

V

V

4

BASF

V

V

V

V

V

5

Basic Fit

V

1

Basler

V

V

V

V

4

Bauer

V

V

2

BayWa

V

V

2

Bechtle

V

V

3

Befesa

V

V

V

V

V

V

7

Bekaert

V

V

V

3

Bertrandt

V

V

V

V

V

5

BESI

V

V

V

V

V

5

Biesse

V

V

V

3

Boiron

V

V

2

bpost

V

V

V

4

Brembo

V

2

Brenntag

V

V

V

V

4

Bureau Veritas

V

1

CABKA

V

1

Carbios

V

1

Carel Industries

V

1

Carl Zeiss Meditec

V

V

V

V

4

Cementir

V

V

V

V

V

V

6

Cherry

V

1

CIE

V

V

2

Cliq Digital

V

1

Colruyt

V

V

2

CompuGroup

V

V

3

Computacenter

V

1

Continental

V

V

V

3

Corticeira Amorim

V

V

2

Covestro

V

V

V

V

V

5

CropEnergies

V

1

Datagroup

V

1

De Longhi

V

V

V

3

Deceuninck

V

1

DEME

V

V

2

Deutsche Post

V

V

V

V

V

7

Deutsche Rohstoff

V

1

D'Ieteren

V

1

Do&Co

V

1

Dürr

V

V

V

V

V

V

V

9

Dustin Group

V

1

Ebro Foods

V

1

EDAG

V

1

EKOPAK

V

1

El. En

V

V

2

Elica

V

V

V

V

V

V

6

Elmos

V

V

V

4

ElringKlinger

V

V

V

4

Elumeo

V

V

2

EMAK

V

1

Erredue

V

1

Esprinet

V

1

Eurofins

V

V

V

3

Euronav

V

V

V

V

V

6

Evonik

V

V

V

V

4

EVS

V

V

V

3

Exceet

V

1

F.I.L.A

V

1

Fashionette

V

1

Fastned

V

V

V

3

Faurecia

V

V

2

Fielmann

V

V

2

Fine Foods

V

1

Fluidra

V

1

Forsee Power

V

1

Forvia (Faurecia)

V

1

Frequentis

V

1

Fresenius

V

V

2

Fresenius Medical Care

V

V

2

Friedrich Vorwerk

V

1

Fuchs Petrolub

V

V

3

Fugro

V

1

Gea Group

V

V

3

Gefran

V

1

Gerresheimer

V

V

2

Gestamp

V

V

2

GFT Technologies

V

V

2

GK Software

V

1

Glanbia

V

1

Greenyard

V

V

3

Grenergy

V

1

Grenke AG

V

1

Hawesko

V

V

2

Heidelberg Materials

V

1

Heineken

V

V

V

V

V

6

Henkel

V

1

hGears

V

V

2

Home2Go

V

1

Hornbach

V

V

V

V

V

7

Hugo Boss

V

V

2

IBU-tec

V

1

IMCD

V

V

V

V

4

Indel B

V

1

Infineon

V

V

V

3

Init

V

1

Interpump

V

V

2

Intershop Communications

V

1

Italgas

V

1

JDE Peets

V

V

V

3

Jenoptik

V

V

V

3

Jost

V

V

V

4

Just Eat Takeaway

V

1

K+S

V

1

Katek

V

2

Kendrion

V

V

V

V

4

Klöckner & CO

V

1

Knaus Tabbert

V

1

Knorr-Bremse

V

V

V

3

Koenig & Bauer

V

1

KWS Saat

V

1

Lanxess

V

1

Lenzing

V

1

Leoni

V

1

Lotus Bakeries

V

1

LPKF

V

V

V

4

Lu-Ve

V

V

3

M1 Kliniken

V

1

MAREL

V

1

Marr

V

V

2

Mayr Melnhof Karton

V

1

MBB

V

1

Media & Games Invest

V

1

Melexis

V

V

V

V

4

Mensch & Maschine

V

1

Mercedes-Benz

V

V

V

3

Mersen

V

V

2

Michelin

V

1

MLP

V

1

Mynaric

V

1

Nabaltec

V

1

Navigator

V

1

Nemetschek

V

1

Netfonds

V

1

New Work

V

1

Nexus

V

V

2

Norma

V

1

NOS

V

1

Novem

V

V

2

NX Filtration

V

1

OHB

V

V

V

V

5

Ordina

V

1

Origin Enterprises

V

1

Orsero

V

V

V

3

OVS

V

1

Palfinger

V

V

V

V

4

Pets at Home

V

1

Pharmanutra

V

1

Philips

V

V

V

V

4

Piaggio

V

1

Piovan

V

1

Plastic Omnium

V

1

Polytec Holding

V

1

Porsche AG

V

V

2

PostNL

V

V

V

V

V

5

ProCredit Holding

V

1

Proximus

V

1

PSI Software

V

1

PVA Tepla

V

V

V

4

q.beyond

V

V

V

V

4

Randstad

V

1

Rational

V

V

V

V

5

Recticel

V

V

2

Renault

V

2

Renewi

V

1

Reply

V

1

Ringmetall

V

1

SABAF

V

1

SAES Getters

V

1

SAF Holland

V

V

V

V

V

V

6

Safilo

V

1

Saint-Gobain

V

1

Salcef

V

1

Salzgitter

V

1

SanLorenzo

V

1

Sartorius

V

V

V

V

V

6

SBM OFFSHORE

V

1

Schloss Wachenheim

V

1

SECO

V

1

Semperit

V

V

2

Seri

V

1

SES S.A.

V

V

V

3

SESA

V

V

2

SFC Energy

V

V

2

SGL Carbon

V

3

Shell

V

1

Shop Apotheke

V

1

Sidetrade

V

1

Siemens Healthineers

V

1

Signify

V

V

2

Siltronic

V

V

3

Sixt

V

1

Sligro

V

1

Smurfit Kappa

V

1

Software AG

V

1

Software One

V

1

Sogefi

V

V

2

Soitec

V

1

SOL Group

V

V

2

Soltec

V

1

Solvay

V

V

V

V

V

7

Stabilus

V

V

V

4

Steico

V

1

Stellantis

V

V

2

Stratec

V

V

V

V

V

V

6

Suess Microtec

V

V

V

V

V

6

Symrise

V

V

V

3

Synlab

V

1

Takkt

V

V

2

Technotrans

V

V

2

Telekom Austria

V

1

Ter Beke

V

1

TIE Kinetix

V

1

Tinexta

V

V

2

TKH Group

V

1

Tom Tom

V

1

Tonies

V

1

Touax

V

1

Traton

V

V

V

3

Tubacex

V

1

TXT

V

1

UCB

V

1

Umicore

V

V

V

3

Uniphar

V

1

USU Software

V

1

Valeo

V

1

Valsoia

V

1

Van de Velde

V

1

Va-Q-Tec

V

V

V

4

Varta

V

V

V

4

Verbio

V

2

Vidrala

V

1

Viscofan

V

1

Vitesco

V

V

V

3

Volkswagen

V

V

2

VOPAK

V

1

Vossloh

V

1

Wacker Chemie

V

V

V

3

Wacker Neuson

V

V

V

3

Wienerberger

V

V

2

WIIT

V

1

X-FAB

V

V

2

Zalando

V

V

V

V

4

Zignago Vetro

V

V

2

Zumtobel

V

1

Total

23

38

60

47

98

16

16

47

73

25

116

31

590