Criteria CaixaCorp’s objective is to become an industrial and financial benchmark, with a focus on value creation and achieving a balance between shareholder satisfaction and the company’s development.
Management principles and strategy
Active management of our investments: Criteria CaixaCorp plays an active role in the governing bodies of its investees, and is involved in defining their future strategies, co-coordinating their management teams and contributing to the medium/long term development of their business activities.
Increased exposure to the financial business: Criteria CaixaCorp’s objective is to acquire stakes in financial entities to balance out its portfolio which is currently skewed towards investments in services companies. One of Criteria CaixaCorp’s strong points is the retail banking experience of its core shareholder, “la Caixa” and its ability to create value and synergies form new acquisitions.
Value management of our investments: Criteria CaixaCorp carries out investments, divestments and corporate projects according to the opportunities offered by the market. The priority is always to create value and return for shareholders. Therefore, Criteria CaixaCorp’s buying and selling positions depend on the markets and the company has the flexibility and experience required to identify the best opportunities.
Criteria CaixaCorp’s active management approach implies a medium/long term investment horizon, maximizing value with a focus on corporate development and involvement in the strategies of our investees, and divesting at the right time.
1. Porcentage of gross asset value at December 31, 2007