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{{Infobox Company
{{Infobox
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|title =
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| name= Libra Group
|image = [[File:Libra Group.png|250px|alt=Libra Group Logo]]
|imagestyle =
|caption = Libra Group Logo
|captionstyle =
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|labelstyle = background:#ccc;
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|label5 = Type
| company_logo = [[Image:Libra Group.png|250px]]
⚫
|data5 = [[Privately Held Company]]
|label6 = Industry
⚫
|data6 = [[Shipping]], [[Aviation]], [[Real Estate]], [[Energy Industry| Energy]], [[Construction]], [[Hotel|Hotels ]], [[Hospitality]]
|label7 = Main Offices
⚫
|data7 = [[London]], [[New York]], [[Hamburg]], [[Beijing]], [[Bermuda]]
|label8 = Industry
|data8 = [[Shipping]], [[Aviation]], [[Real Estate]], [[Energy Industry| Energy]], [[Construction]], [[Hotel|Hotels ]], [[Hospitality]]
|label9 = Website
⚫
|data9 = [http://www.libra.com www.libra.com]


|belowstyle = background:#ccc;
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| type= [[Privately Held Company]]
|below =
⚫
}}


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| location_city= [[London]], [[New York]], [[Hamburg]], [[Beijing]], [[Bermuda]]

| area_served= [[World|Worldwide]]

⚫
| industry= [[Shipping]], [[Aviation]], [[Real Estate]], [[Energy Industry| Energy]], [[Construction]], [[Hotel|Hotels ]], [[Hospitality]]

⚫
| homepage= [http://www.libra.com www.libra.com]

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}}


'''Libra Group''' is a privately owned [[conglomerate]] operating across four continents.<ref> [http://www.ftbusiness.com/gdif2010/sponsorsandpartners.asp?m_pid=0&m_nid=36531 Financial Times Business] </ref> The group’s [[subsidiaries]] span a range of industries including [[shipping]], [[aviation]], [[real estate]], [[construction]], [[energy]] and [[hospitality]].<ref> [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=84145892 Bloomberg Business Week] </ref>
'''Libra Group''' is a privately owned [[conglomerate]] operating across four continents.<ref> [http://www.ftbusiness.com/gdif2010/sponsorsandpartners.asp?m_pid=0&m_nid=36531 Financial Times Business] </ref> The group’s [[subsidiaries]] span a range of industries including [[shipping]], [[aviation]], [[real estate]], [[construction]], [[energy]] and [[hospitality]].<ref> [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=84145892 Bloomberg Business Week] </ref>

Revision as of 11:54, 20 January 2011

Libra Group Logo
Libra Group Logo
TypePrivately Held Company
IndustryShipping, Aviation, Real Estate, Energy, Construction, Hotels , Hospitality
Main OfficesLondon, New York, Hamburg, Beijing, Bermuda
IndustryShipping, Aviation, Real Estate, Energy, Construction, Hotels , Hospitality
Websitewww.libra.com


Libra Group is a privately owned conglomerate operating across four continents.[1] The group’s subsidiaries span a range of industries including shipping, aviation, real estate, construction, energy and hospitality.[2]

History

Libra Group was founded in 2003 and comprises the diversified business interests of the Logothetis family, who had focused exclusively on shipping for the previous 30 years.[3][4][5]

Industry Sectors

Libra Group owns subsidiaries across a number of sectors internationally[6], including:

Shipping

For over 30 years, the Logothetis family has been involved in every aspect of the shipping industry from ownership to commercial and technical management.[7] Lomar Shipping, the Libra Group’s global ship owning and management group, owns a large mixed fleet of vessels including container ships, bulk carriers, offshore vessels, LPG’s and chemical tankers.[8] Between 2004 and 2006 Lomar sold 67 vessels before acquiring Allocean Group and its fleet of 26 modern ships in December 2009 for a total of $325million. An additional 10 ships were purchased in 2010.[9]

Aviation

Lease Corporation International (LCI), the aircraft leasing company, was created soon after the Libra Group was formed.[10] In November 2007, LCI sold its entire fleet of aircraft for $1 billion to refresh the fleet and throughout its history, it has acquired nearly $5billion of aircraft.[11] LCI currently maintains a fleet of 35 wide and narrow-bodied aircraft which are leased to airlines such as Singapore Airlines, British Airways and Air France.[12]

Real Estate

The Libra Group’s real estate portfolio includes properties in London, Manhattan, Miami, Los Angeles, Buenos Aires and luxury apartments in Bangkok as well as a range of commercial buildings across Europe and Central America.[13] It is currently developing further properties globally, including a 3 million sq ft of commercial, residential and luxury hotel properties inSouth America.[14]

Hotels and Hospitality

The Libra Group owns and runs US Hotels, a collection of premium hotels, restaurants and marinas on the coast of Maine and in Vermont in the USA. It also created the Grace Hotels brand initially in the Greek Islands and now with a global presence.[15][16]

Energy

Libra Group’s Greek subsidiary EuroEnergy has built a network of grid-connected solar energy generating parks and is currently increasing its generating capacity by expanding its licence portfolio. It also invests in wind farms.

In the USA, Libra Group has entered the biofuels market with the acquisition of a company involved in the industrial-scale production of fuel pellets derived from a variety of renewable resources. [17]

Key People

Chairman & CEO

George Logothetis (born 1975) is the founding Chairman and CEO of Libra Group. He joined Lomar Shipping in 1993, becoming CEO in 1995. The company’s fleet expanded from three to fifty five vessels before he took up the role as Chairman and CEO of Libra Group.[18]

Executive Vice Chairman

Constantine Logothetis (born 1979) is Executive Vice Chairman of Libra Group. He began his career at Lomar Shipping in 2000 where he was a key member of the management team before becoming the founding Executive Vice Chairman of the Libra Group when it was formed in 2003. Constantine has been at the forefront of the group's diversification from shipping into other asset classes, notably the global hospitality, real estate and energy sectors.[19]

Chief Operating Officer

Adamantios Tomazos (born 1971) is group Chief Operating Officer of Libra Group. After gaining an MBA at Imperial College in London, Adamantios began a ten year international banking career involving shipping finance. Adamantios was a founding director of Lease Corporation International, the international commercial aircraft leasing company and subsidiary of the Libra Group.[20]

Senior Advisor

John Negroponte (born 1939) is Senior Advisor of Libra Group. Negroponte is a US diplomat and the son of Greek shipping magnate Dimitri Negroponte. Over his career Negroponte has held positions as Deputy Secretary of State, Ambassador to the United Nations and the first US Director of National Intelligence. Negroponte has received a number of prestigious awards including the World Affairs Councils of America Lifetime Achievement Award and the George F. Kennan Award for Distinguished Public Service from the National Committee on American Foreign Policy.[21]

Head of Americas

Camilo Patrignani oversees the business strategy of Libra's interests across North, South and Central America. Before joining the Libra Group, Camilo was Vice President of Fortress Investment Group, and prior to that was a Director of UBS Investment Bank.

References

  1. ^ Financial Times Business
  2. ^ Bloomberg Business Week
  3. ^ Hellenic Shipping News
  4. ^ Capital GR
  5. ^ Trade Winds
  6. ^ Financial Times Business
  7. ^ Marine Marketing
  8. ^ Capital GR
  9. ^ Hellenic Shipping News
  10. ^ LCI Aviation
  11. ^ Goliath
  12. ^ Revista Aerea
  13. ^ [1]
  14. ^ [2]
  15. ^ Hospitality Net
  16. ^ Projo.com
  17. ^ FT Business
  18. ^ Montreal Gazette
  19. ^ Maritime Updates
  20. ^ Marine Marketing
  21. ^ Council of the Americas Society
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