Private investments
This part owns controlling or significant stakes in unlisted companies across areas such as marine services, technology, healthcare, and consumer businesses. HAL Trust helps guide these companies and benefits when they grow in value or are sold.
Customers
The businesses in this portfolio serve other companies and individual consumers, depending on the industry.
Revenue Model
HAL earns money mainly through dividends from these companies and by realizing gains when it sells investments or when holdings increase in value.
Listed investments
This part holds shares in publicly traded companies and other marketable securities. It is a financial investment portfolio rather than an operating business.
Customers
This segment does not sell products to end customers; it owns financial assets on public markets.
Revenue Model
HAL makes money from dividends, interest, and changes in the market value of the securities it holds.
Real estate
This part owns and develops commercial and residential property, mainly in the Netherlands and other selected markets. It includes rental properties and projects under development.
Customers
Tenants, buyers, and other property users.
Revenue Model
HAL earns rental income from tenants and gains from property sales or development projects.
