VESA Equity Investment is a private investment firm focused on making long-term, strategic investments in publicly traded companies in Western Europe and the United States. We operate a simple structure and all our investors have been with us since VESA was founded.
VESA Equity Investment was founded in 2018 by Daniel Křetínský and his long-term business partner, Patrik Tkáč, as part of EP Group, one of Europe’s leading investment groups, with a €50+ billion enterprise value. EP Group has been a major investor in European energy and infrastructure since 2001 and has a successful track record of growing businesses in these sectors. EP Group is now an established, vertically integrated utility, leading power generator and a major investor behind the energy transition. Since 2014, EP Group has diversified into other sectors including food wholesale, food and other consumer retail, logistics, media and e-commerce.
While our investment strategy is distinct within EP Group, VESA Equity derives substantial benefit from being part of the broader EP Group. The expertise and operational know-how which have driven EP Group’s success provides a firm foundation for VESA Equity, helping our firm source and execute investments, and helping deliver value to the companies in which we invest.
VESA Equity has invested in market-leading businesses across the core markets of Western Europe, including the UK, France, Germany and the Netherlands. The current market value of our portfolio exceeds €3bn.
Learn more about our investment portfolio.
The dividends generated by EP Group’s core business support VESA Equity’s investment strategy.
About EP Group
EP Group is a leading European investment group, built on energy and infrastructure and later diversified into food wholesale, food and other consumer retail, logistics, media and e-commerce activities. EP Group was created through series of strategic acquisitions and subsequent consolidations over the last twenty years, and includes several key components across those activities, including:
- Energertický a průmyslový holding, a.s. (EPH), a European power generator and Central European infrastructure operator
- Czech Media Invest (CMI), a growing media company present across multiple media types including print, digital, radio and VoDTV
- EC Investments (ECI), a company investing in e-commerce and e-grocery businesses in Central and Eastern European
- EP Global Commerce (EPGC), a European company investing in food wholesale and retail
VESA Equity and EP Group in the UK
Both EP Group and VESA Equity are long-term and committed investors in the UK. Since 2014, we have deployed around £3bn in the UK, including £1.5bn into energy and infrastructure assets through EPH and a similar amount in our minority positions through VESA Equity and West Ham United.
EPH
EPH is a long-standing investor in the European energy sector, a vertically integrated energy group and leader in the energy transition with over €2.5bn in consolidated EBITDA. EPH has been gradually growing with new acquisitions and is now one of the ten largest European energy groups by installed capacity. Within its balanced portfolio of natural gas, hydro, nuclear, coal, solar, wind and biomass power plants, EPH controls a total installed capacity of 14 GWe. EPH operates in nine European markets: Germany, Slovakia, Italy, Switzerland, the United Kingdom, the Republic of Ireland, the Czech Republic, France, and the Netherlands.
France
In France, VESA Equity owns minority stakes in leading retail group Casino Guichard-Perrachon, the private French free-to-air TV network TF1 Group and Fnac Darty, an entertainment and leisure products retailer operating in several European countries. Through its media investment vehicle International Media Invest (IMI), EP Group also operates CMI France Group, a magazine and digital formats publisher and business diversification company. Of note, CMI operates an array of notable publishing brands including the ELLE magazine in France and owns a minority stake in French newspaper, Le Monde.
Netherlands
VESA Equity owns a minority stake in Post.nl, the national incumbent postal operator in the Netherlands. EPH newly operates two gas-fired power plants with a total installed capacity of 1,670 MW, related gas pipeline network, and power and gas supply to customers.
Germany
Via its EP Global Commerce investment vehicle, EP Group is the single largest shareholder in Metro AG, a leading Germany-based food wholesaler-with €30bn turnover.
Spain
EP Group is a 50/50 joint venture partner of Grupo Eroski, a traditional cooperative group with more that €5bn revenues in Spain. We jointly operate over 500 supermarkets and convenience stores in the Baleares islands and Catalunya.