MIRA INFORM REPORT

 

 

 

Report Date :

09.11.2013

 

IDENTIFICATION DETAILS

 

Name :

LOUIS DREYFUS COMMODITIES SUISSE SA

 

 

Registered Office :

Route de l'Aéroport 29 P.O. BOX 236  1215 Geneva 15

 

 

Country :

Switzerland

 

 

Year of Establishment :

1851

 

 

Com. Reg. No.:

660.0.971.006-5 / 834973

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

 

 

No. of Employees :

200

 

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Switzerland - ECONOMIC OVERVIEW

 

Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's, to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 2.7% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safehaven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 2.1% in 2011. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and in 2011 it reached deals with Germany and the UK to resolve outstanding issues, particularly the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.

 

Source : CIA

 

Company name and address

 

Louis Dreyfus Commodities Suisse SA

 

Operating address:

Route de l'Aéroport 29

P.O. BOX 236

1215 Geneva 15

Switzerland/CH

 

Telephone:                   022 7992700

Fax:                             022 5927468

 

Web site:                      http://www.ldcommodities.com

E-mail:                         jean.libre@ldcommodities.com

 

VAT-No.:                      CHE112891016

 

 

Profile

 

Established:                 1851

History:                        1851:      Established from Léopold Louis-Dreyfus

Line of Business:          Trade brokers

Industry Division:          Wholesale trade

Industry-code (NACE):  4611       Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods

Import/Export:              Agency

Banks:                          unknown

 

 

Operational Figures

 

Coverage:                    Company

Figures:                        estimated

Employees:                  200

 

 

Activity

 

The business activities includes the trade of commodities such as grains, oilseeds, rice, sugar, ethanol, coffee and cotton.

 

Products:

- Soybeans, soybean meal, soybean oil, refined soybean oil

- Rapeseed, rapeseed meal, rapeseed oil, refined rapeseed oil

- Sunflower seed, sunflower meal, sunflower oil

- Palm oil and palm oil products

- Biodiesel, glycerin

- Cotton seed, cottonseed oil, and cottonseed meal

- Crystal sugar

- CG Sugar

- Liquid sugar

- Liquid inverted sugar

- VHP sugar

- Refined sugar

- Hydrous ethanol

- Anhydrous ethanol

- Neutral ethanol

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:               660.0.971.006-5 / 834973

Legal form:                   Company limited by shares

Registration:                 19.04.2006

Legal status:                 active

Responsible Register:   Registre du commerce du canton de Genève

History:                        Date of Statutes: 06.07.2009

                                    Date of Statutes: 15.06.2009

                                    Date of Statutes: 19.09.2007

                                    Date of Statutes: 22.12.2006

                                    Date of Statutes: 23.10.2006

                                    Date of Statutes: 14.07.2006

                                    Date of Statutes: 15.06.2006

                                    Date of Incorporation Statutes: 13.04.2006

 

Entry          Deleted      Name

20.06.2006                    Louis Dreyfus Commodities Suisse SA

19.04.2006  20.06.2006  DOMITIUS SA

 

Entry          Deleted      Legal domicile

19.07.2006                    Le Grand-Saconnex, Switzerland

19.04.2006  19.07.2006  Genève, Switzerland

 

Entry          Deleted      Address

19.07.2006                    Route de l'Aéroport 29, 1218 Le Grand-Saconnex/GE, Switzerland/CH

19.04.2006  19.07.2006  c/o Pfyffer et Associés, Avocats, Rue François-Bellot 6, 1200 Genève/GE, Switzerland/CH

 

Entry          Deleted      Capital

11.01.2007                    Share Capital CHF 87'106'100, paidup CHF 87'106'100

19.04.2006  11.01.2007  Share Capital CHF 100'000, paidup CHF 100'000

 

Entry          Deleted      Capital Structure

11.01.2007                    871'061 Registered shares of CHF 100.--

13.11.2006  11.01.2007  1'000 Registered shares of CHF 100.--

19.04.2006  13.11.2006  1'000 Bearer shares of CHF 100.--

 

Entry          Deleted      Activity (original Language)

15.07.2009                    Commerce de toutes matières, denrées agricoles, marchandises, produits finis ou semi-finis, directement ou indirectement, notamment par l'achat, la gérance et l'exploitation de tous fonds de commerce; exploitation, affrètement de navires, bateaux ou toutes opérations connexes; étude, création, mise en valeur, exploitation, direction, gérance, régie, organisation, financement, contrôle de toutes affaires ou entreprises industrielles, commerciales, financières, agricoles, mobilières ou immobilières; acquisition, exploitation, vente et échange de tous immeubles, à l'exclusion des opérations prohibées par la LFAIE, édification de toutes constructions, soit pour ses besoins propres, soit pour la vente, soit pour la location; emploi des capitaux disponibles de la société, et notamment achat, souscription ou acquisition de quelque manière que ce soit, émission, vente ou négociation des parts, actions et valeurs de toutes sortes; constitution de toutes associations, compagnies, syndicats ou entreprises quels qu'en soient les objets: l'octroi de toutes garanties pour l'accomplissement d'une entreprise quelconque, la prise de participations, le concours direct ou indirect à toute création de société nouvelle, fusion de sociétés existantes, cessions partielles ou totales d'actifs et ce, sous quelque modalité que ce soit; mise à disposition de lignes de crédit en faveur de ses filiales, sociétés soeurs et sociétés affiliées pour des opérations commerciales et/ou d'acquisitions d'actifs, incluant notamment la demande d'émission de garanties, cautions, garanties de soumission, garanties de bonne exécution, lettres de crédit et garanties de paiement sous sa pleine responsabilité pour compte de filiales, de sociétés soeurs et de sociétés affiliées (cf. statuts pour but complet).

25.06.2009  15.07.2009  Commerce de toutes matières, denrées agricoles, marchandises, produits finis ou semi-finis, directement ou indirectement, notamment par l'achat, la gérance et l'exploitation de tous fonds de commerce; exploitation, affrètement de navires, bateaux ou toutes opérations connexes; étude, création, mise en valeur, exploitation, direction, gérance, régie, organisation, financement, contrôle de toutes affaires ou entreprises industrielles, commerciales, financières, agricoles, mobilières ou immobilières; acquisition, exploitation, vente et échange de tous immeubles, à l'exclusion des opérations prohibées par la LFAIE, édification de toutes constructions, soit pour ses besoins propres, soit pour la vente, soit pour la location (cf. statuts pour but complet).

19.07.2006  25.06.2009  Commerce de toutes matières, denrées agricoles, marchandises, produits finis ou semi-finis, directement ou indirectement, notamment par l'achat, la gérance et l'exploitation de tous fonds de commerce; exploitation, affrètement de navires, bateaux ou toutes opérations connexes; étude, création, mise en valeur, exploitation, direction, gérance, régie, organisation, financement, contrôle de toutes affaires ou entreprises industrielles, commerciales, financières, agricoles, mobilières ou immobilières; acquisition, exploitation, vente et échange de tous immeubles, à l'exclusion des opérations prohibées par la LFAIE, édification de toutes constructions, soit pour ses besoins propres, soit pour la vente, soit pour la location.

20.06.2006  19.07.2006  Négoce international de matières premières d'origine agricole en provenance et à destination de tous pays, notamment de riz, graines, coton, sucre, jute, germes de riz, haricots, petits pois, céréales, oléagineux, café, alimentation pour animaux, produits et marchandises de toutes sortes issus de ces produits, ce en qualité de négociant, courtier, affréteur, marchand, commissionnaire, importateur et exportateur ainsi que distributeur, prise ou gestion de participations dans toute autre entreprise en Suisse et à l'étranger, à l'exclusion de toutes opérations prohibées par la LFAIE.

19.04.2006  20.06.2006  Fournir des conseils en matière patrimoniale et immobilière.

 

Entry          Deleted      Remarks (original Language)

25.06.2009                    Reports: Communication aux actionnaires: lettre recommandée ou fax.

11.01.2007                    Contribution in kind/Asset takeover: Selon contrat du 22.12.2006, l'intégralité des actions de la société Louis Dreyfus & Co Limited, à Cardiff, GB, soit 32'445'000 actions de USD 1 pour CHF 114'432'000, en contrepartie duquel sont remises 343'296 actions de CHF 100, nominatives, le solde constituant un agio.

19.04.2006                    Publishing authority: Feuille Officielle Suisse du Commerce.

 

 

Official Administration

 

Title                                           Name

President                                    Jean-Marc Foucher, Origin: France, Residential address: 1200 Genève/GE, Switzerland, single signature, Registered since: 26.09.2008

Vice-President                            Pascale Vidalie , Origin: France, Residential address: Prévessin Moëns, France, single signature, Registered since: 22.07.2011

Executive Director                       Alexandre Montavon, Origin: Boécourt, Switzerland, Residential address: 1200 Genève/GE, Switzerland, single signature, Registered since: 19.04.2006

Executive Director                       Robert Serpollet , Origin: France, Residential address: 1200 Genève/GE, Switzerland, single signature, Registered since: 22.07.2011

 

 

Management

 

Title                                           Name

Director                                      David Adcroft, Origin: Grande-Bretagne, Switzerland, Residential address: Mies, Switzerland, joint signature of two, Registered since: 14.08.2007

Director                                      Paul Akroyd, Origin: Grande-Bretagne, Switzerland, Residential address: Genève/GE, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Richard James Allen, Origin: Grande-Bretagne, Switzerland, Residential address: Anières, Switzerland, joint signature of two, Registered since: 28.11.0200

Director                                      Pierre Bounameaux, Origin: Belgium, Residential address: Gland, Switzerland, joint signature of two, Registered since: 25.06.2007

Director                                      Tim Bourgois, Origin: Belgium, Residential address: 120 Trélex/VD, Switzerland, joint signature of two, Registered since: 14.08.2007

Director                                      Thierry de Testas de Folmont, Origin: France, Residential address: Chêne-Bougeries, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Francis De Winter, Origin: Belgium, Residential address: Pregny-Chambésy, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Guy Du Bois de Montule, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Clément Eskenazi, Origin: France, Residential address: Le Muids, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Guy Hogge, Origin: Grande-Bretagne, Switzerland, Residential address: Chêne-Bougeries, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Aman Khanna, Origin: Grande-Bretagne, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Spencer Kimball, Origin: United States of America, Residential address: Commugny, Switzerland, joint signature of two, Registered since: 25.06.2007

Director                                      Trishul Mandana, Origin: Grande-Bretagne, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      David McKittrick, Origin: Grande-Bretagne, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 14.08.2007

Director                                      David Ohayon, Origin: France, Residential address: Genève, Switzerland, joint signature of two, Registered since: 06.12.2006

Director                                      Markus Reis, Origin: Germany, Residential address: Collogne-Bellerive, Switzerland, joint signature of two, Registered since: 29.11.2006

Director                                      Frédéric Viel, Origin: France, Residential address: Genolier, Switzerland, joint signature of two, Registered since: 07.05.2007

Vice-Director                               Jacques Alexander, Origin: Belgium, Residential address: Genève, Switzerland, joint signature of two, Registered since: 14.08.2007

Vice-Director                               Peregrine Allen, Origin: Grande-Bretagne, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 30.01.2008

Vice-Director                               Adriano Bagnasco, Origin: Italy, Residential address: Genève, Switzerland, joint signature of two, Registered since: 30.01.2008

Vice-Director                               Vincent Carenso, Origin: France, Residential address: Onex, Switzerland, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Pierre de Somer, Origin: Belgium, Residential address: Genève, Switzerland, joint signature of two, Registered since: 14.08.2007

Vice-Director                               Christophe Degeneve, Origin: France, Residential address: Prevessin, France, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Frédéric Delacrausaz, Origin: Epalinges, Switzerland, Residential address: Crissier, Switzerland, joint signature of two, Registered since: 28.03.2008

Vice-Director                               Maria Tereza Do Carmo, Origin: Grande-Bretagne, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Pascal Durouchoux, Origin: France, Residential address: Thônex, Switzerland, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Ezz El Din El Sherif, Origin: Genève, Switzerland, Residential address: Bellevue, Switzerland, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Linda Ferguson Creismeas, Origin: Ireland, Residential address: Prevessin Moëns, France, joint signature of two, Registered since: 29.11.2006

Vice-Director                               James Gatehouse, Origin: Australia, Residential address: Genève, Switzerland, joint signature of two, Registered since: 30.01.2008

Vice-Director                               Michael Gorrell, Origin: United States of America, Residential address: Plan-les-Quates, Switzerland, joint signature of two, Registered since: 28.03.2008

Vice-Director                               Bruno Luquin, Origin: France, Residential address: Douvaine, France, joint signature of two, Registered since: 28.03.2008

Vice-Director                               Valerio Marchetti, Origin: Italy, Residential address: Cologny, Switzerland, joint signature of two, Registered since: 16.12.2008

Vice-Director                               Charles Morin, Origin: Vich, Switzerland, Residential address: Lausanne, Switzerland, joint signature of two, Registered since: 28.03.2008

Vice-Director                               Agustin Premrou, Origin: Argentina, Residential address: Genève, Switzerland, joint signature of two, Registered since: 16.12.2008

Vice-Director                               Jean-Manuel Villaret, Origin: France, Residential address: Saint-Genis-Pouilly, France, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Felix Von Pezold, Origin: Zürich, Switzerland, Residential address: Genève, Switzerland, joint signature of two, Registered since: 29.11.2006

Vice-Director                               Wim Wyn, Origin: Belgium, Residential address: Genève, Switzerland, joint signature of two, Registered since: 14.08.2007

Vice-Director                               Pierre-Yves Zimmerli, Origin: Männedorf, Switzerland, Residential address: Rolle, Switzerland, joint signature of two, Registered since: 28.03.2008

 

 

External Positions

 

Title                                           Name

Auditor                                       Deloitte SA, Residential address: Meyrin, Switzerland, Registered since: 05.05.2009

 

 

Executive board

 

Title                                           Name

Chief Executive Officer               David Adcroft

 

 

Ultimate Parent Company

 

Name:                          Louis Dreyfus SAS

City/Country:                Paris, France/FR

 

 

Owner/-s

 

No. of Owner/-s:           1

Owner:                         The company is foreign owned.

 

Class:                          100%

Name:                          Louis Dreyfus Commodities Services Suisse SA

City/Country:                Le Grand-Saconnex, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

The Group is privately held by the Louis-Dreyfus family, controlled by the Robert Louis-Dreyfus trust and approximately 20% employee-owned. Founded and based in Europe, LDCommodities enjoys strong regional presence in North and South America, Europe, Asia, the Middle-East and Africa.

 

LDCommodities operates with the drive of a young organization, tempered and fuelled by 160 years of experience and expansion in the field of agricultural commodities. Today, with offices in more than 55 countries and over 34,000 employees at the peak season, the Group stands strong, pragmatic and diversified, guided by a multi-cultural management staff devoted to its aims and to its unique business model.

 

Key Figures:

Established in 1851

Presence in more than 55 countries:

6 regions organized around 4 segments and 13 main platforms

Over 34,000 employees at the peak season

Over US$46 billion net sales (FY 2010)

Over US$1 billion consolidated net profit - group share (FY 2010)

 

 

Investments

 

Class:                          100%

Name:                          Socef, Société Commerciale de Céréales & Financière SA

City/Country:                Cointrin, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

26.05.2009          2009                           0

26.05.2009          2008                           0

26.05.2009          2007                           0

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Remarks

 

Debt collection case:

MAR 2009: CHF 640, paid.

NOV 2008: CHF 498.

Credit Information

 

Financial Statements:    The company does not disclose any financial statements. Third parties are not permitted any insight into the financial affairs. It is therefore difficult to make a proper assessment of the actual situation.

Financial Situation:        The financial situation is in order.

Payment experiences:   Financial obligations are met in an orderly manner.

 

 

 FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.62.73

UK Pound

1

Rs.100.92

Euro

1

Rs.84.06

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

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