1855: Emeric Sauty de Chalon and Fabien Hyon: not people to do business with ...

'Fraudeur': Fabien Hyon, Directeur Général en charge des opération: Not someone to do business with 
(another photo on 1855 site)

Charles Ponzi – the inspiration for 1855?

'Fraudeur': Emeric Sauty de Chalon: Président de 1855: Not someone to do business with.

Plus video of Emeric Sauty de Chalon explaining how the internet is a wondrous tool for trousering clients money and not delivering wares ordered. I would be surprised if L'Express were not now a little queasy at this video of Emeric Sauty de Chalon as a 'Who's Who in France!

The saga of this 1855 arnarque (fraud) continues without interruption and increasingly includes the associated companies: Cave Privée and ChâteauOnline.

Cave Privée from La Passion du Vin forum

J'ai recu aujourd'hui (28.6.2012) un mail d'un ami vigneron champenois réputé: 

"Chers Amis, Chers confrères vignerons et négociants,Vous trouverez en copie ci-après, l’e-mail envoyé à la société C... P..... en fin de semaine dernière,… resté sans réponse à ce jour ! Vous pourrez vous rendre compte de l’attention que ses dirigeants portent à leurs fournisseurs en ne répondant à aucune de nos sollicitation. La société C... P..... nous doit en effet 4248.79€ dont la majeure partie depuis plus d’un an, sans qu’il nous soit possible de joindre une personne décisionnaire pour en obtenir le règlement. Je vous invite à redoubler de méfiance à leur égard, ou mieux encore à boycoter cette société qui depuis son rachat, a adopté les mêmes méthodes de gestion que celles de sa nouvelle maison mère : 1..5.com. Je vous autorise bien évidemment à transmettre ce courrier à vos amis vignerons et négociants, membres de vos associations, susceptibles d’être en relation avec eux. Pour plus d’informations, n’hésitez-pas à nous contacter. Bien à vous." ......

http://lapassionduvin.com/phorum/read.php?18,179053,683576#msg-683576

There is also a recent post on this thread by a client of Cave Privée who has ordered some of Guy Bossard's fine Muscadet. The order has been placed by Cave Privée but has not been dispatched because the wine has not been paid for. 

ChâteauOnline 

Only this week Decanter magazine asked me to write a response to a client of ChâteauOnline. The client, who is based in the UK, had ordered some 2008 Bordeaux en primeur. Now ChâteauOnline are refusing to deliver his 2008 en primeurs to the UK and he is finding it impossible to contact them.

1855 (two messages today)

One:        

Un nouveau commentaire (29.6.2012) vient d'être posté sur la note "http://hlalau.skynetblogs.be/archive/2010/12/14/www-1855-com.html" du weblog "Chroniques Vineuses" :

"Bonjour,

N'arrivant à joindre personne via telephone et mail, je laisse ce message.

Je suis toujours en attente d une commande de 12 bouteilles primeur 2008 de Chasse Spleen, commande nº 363489862867.

Two:

Un nouveau commentaire vient d'être posté sur la note "http://hlalau.skynetblogs.be/archive/2010/12/14/www-1855-com.html" du weblog "Chroniques Vineuses" :

www.1855.com :

"Bonjour, J'ai envoyé un message le 12 juin, j'ai reçu une réponse lapidaire par mail, mais toujours rien reçu de ma commande de vin primeur 2009!! Entre temps, l'assemblée a eu lieu, les administrateurs ont reçu leur 30 000 € de cachet voté par les actionnaires! Nous les acheteurs, nous attendons le bon vouloir de 1855 de livrer les commandes payées!!! Amis lecteurs, avez vous une association de défense avec avocat? merci pour vos réponses."

Ce commentaire a été posté par Bacchus.

 ***

The first clear lesson here is not to buy from 1855, Cave Privée or ChateauOnline.

The second lesson is that if your wine does not turn up in reasonable time to take legal action in France or, if you have paid by credit card, to get a refund from your credit card company. 

1855: same problems with Cave Privée

10 Rue des Moulins, Paris – the offices of 1855 are here

The growing 145-page thread on La Passion du Vin clearly shows that the long-term problems customers face with 1855 in getting their wines are now being experienced by people who order through Cave Privée. Cave Privée is now owned by 1855 and is managed by that genius – Fabien Hyon. 

Some customers do get their wine but it is frequently months late and meanwhile they get fobbed off with the same sort of lame excuses and unfulfilled promises that clients of 1855 experience. My guess is that some of the delays are due to producers either not wishing to deal with the crooks that run 1855 and Cave Privée or not being paid and therefore not supplying Fabien Hyon and Emeric Sauty de Chalon with wine.

The advice given by a number of La Passion du Vin posters not to deal with Cave Privée is surely wise and eminently sensible.   

1855 Assemblée Générale (AG): how long will Jean-Pierre Meyers continue to support these crooks?

The spirit of Charles Ponzi will be at 1855's Assemblée Générale today

1855 will hold its AGM for its shareholders today at the Hotel Ibis Ledru Rollin  close to the Gare du Lyon in Paris – starting time 10.30h.

It would be good to think that they will take this opportunity to demand that Emeric Sauty de Chalon and Fabien Hyon start running 1855 and its associated companies – Cavée Privée and Châteauonline – as proper businesses and cease to defraud their customers by failing to supply the wines, especially Bordeaux en primeur, ordered. That they will also ask how many hundreds of court cases 1855 is currently facing. 

Will they ask about the latest mention of 1855 in La Revue du Vin de France?

They might also ask these internet geniuses why share information for investors isn't updated. They manage to change to the date but not the share price nor the company valuation nor the number of shares. Come Fabien Hyon get yourself organised!

1855's version of their share price etc 0.07€ a share

 The reality: 0.04€ a share

I fancy the chances of the investors asking pressing questions are as probably as slim as the Bordelais, apart from a few honorable exceptions, having the courage to condemn 1855 and warn people not to deal with them. 

No my guess is that the most pressing concern for Emeric Sauty de Chalon, Fabien Hyon and the investors is how much longer will Jean-Pierre Meyers be prepared to support this scam. When will he decide that the damage his association with 1855  does to his reputation as one of France's most prominent businessmen is too great? What I wonder do Jean-Pierre Meyers' fellow directors at L'Oréal and Nestlé make of his support for 1855?    

**

Emeric Sauty de Chalon's amended invitation to 1855 investors: 

'Batir la première arnaque mondiale dans la vente de grands vins' 

1855: record Ponzi sentences – an appropriate tariff for Emeric Sauty de Chalon and Fabien Hyon?

10 Rue des Moulins (Maison Ponzi?), Paris where the offices of 1855 are located 

Last week Allen Stanford was sentenced to 110 years in jail for running a Ponzi scheme:

'Allen Stanford jailed for 110 years for $7bn Ponzi (14th June 2012)

Disgraced tycoon Allen Stanford has been sentenced to 110 years in jail for operating a Ponzi scheme that defrauded investors of more than $7bn (£4.5bn).'

Details on the BBC news here. http://www.bbc.co.uk/news/world-us-canada-18450893

Substantial although Stanford's 110 year sentence is, it is easily eclipsed by 150 years given to Ponzi king – Bernard Madoff:

'Bernard Madoff jailed after pleading guilty to Ponzi fraud (12th March 2009)

Bernard Madoff, the disgraced Wall Street financier, was jailed after pleading guilty in New York to masterminding one of the biggest ever corporate frauds – a $50bn Ponzi scheme.

The 70-year-old, dressed in a grey business suit, was led out of court in handcuffs after Judge Denny Chin ordered that he should be held pending sentencing on June 16. He faces a maximum 150-year jail sentence.

Read the rest of the Daily Telegraph article here.

http://www.telegraph.co.uk/finance/financetopics/bernard-madoff/4980025/Bernard-Madoff-jailed-after-pleading-guilty-to-Ponzi-fraud.html

The huge sentences handed down to Madoff and Stanford raises some intriguing questions in respect to 1855 and, in particular, to Emeric Sauty de Chalon and Fabien Hyon. If these two scamsters were ever tried and convicted of fraud what would be an appropriate sentence – what tariff ought to be applied?

There are naturally a number of caveats here. 

Neither Emeric Sauty de Chalon nor Fabien Hyon has yet been charged with any crime. Indeed they appear to continue to enjoy a high level of protection allowing them to continue to fleece a significant proportion of their customers with apparent impunity. As Emeric de Sauty de Chalon said in a video here the internet is 'une utile magique' (I assume he meant a wonderful invention for trousering your customers' money). 

Clearly some people get their wines, even those who order Bordeaux en primeur. However, the blizzard of court cases against 1855 graphically demonstrates, a significant number do not and are systematically fobbed off with unfulfilled promises assuming that they are able to contact 1855 – a big assumption! 

It is also clear that, although the frauds perpetrated by 1855 have been going on for some considerable time, they are nowhere near the magnitude of those committed by Stanford and Madoff.  

So what would be, if the circumstances arose, an appropriate punishment for Emeric Sauty de Chalon and Fabien Hyon?  

**

Shares in 1855 today traded between 0.03€ and 0.05€. Trading closed at 0.04€ and most of today's transactions were at 0.04€. 

  

1855: has Hollande's election spooked the shares?

1855's 5-day share movements@9am 

It may be coincidental but the trade price for shares in 1855 has been lower since François Hollande was elected President of France. Previously trading had been largely between 0.06 and 0.07€ a share. Now it oscillates between 0.05 and 0.06€. Volumes traded are also noticeably down but this may be in part due to the large number of French public holidays in May.

Yesterday the share closed down at 0.05 – down 16.67% on the year ie one centime. They opened up at 0.06 but have since slid back to 0.05 admittedly on thin trading. Already a junk bond will the price drop still lower?   

1855's 5–day share movements@10am  

Has Nicolas Sarkozy's defeat removed some of the high level protection that 1855 appeared to enjoy? There are suggestions that Sarkozy may have received illegal funding for his 2007 presidential campaign from the Bettencourts. Might in return 1855 have been treated leniently, despite its truly appalling trading record, as Jean-Pierre Meyer (the husband of Françoise Bettancourt) is a major shareholder in the company?  

Also it is not clear whether 1855 has now become a full-time member of La FEVAD. The ponzi scheme/scam was admitted as a provisional member of Le FEVAD on 31st January 2011. Certainly 1855 is listed as a member on the FEVAD site with no indication that they are on probation. If 1855 is now a full member I understand that La FEVAD will now become La Fédération des Escroqueries Virtuels et Arnaques Diverses and its code of conduct will be declared an official blague.  

  

Daniel Ornon: standing up to the 1855 scam

Daniel Ornon: sales director@Château Smith-Haut-Lafitte 

It was good to meet Daniel Ornon, sales director at Château Smith-Haut-Lafitte, at a busy Bordeaux Grands Crus Classés tasting in Somerset House, London today. Ornon is one of the few people at the top of the Bordeaux wine pyramid prepared to speak out against the 1855 scam. He has also been keen to persuade a number of French journalists to write about the 1855 scam 

Should François Hollande win the French presidential election on Sunday will the apparent protection that 1855 appears to enjoy be reduced, given that the Bettancourts are said to have helped to bankroll Sarkozy's 2007 presidential election? Jean-Pierre Meyers, husband of Françoise Bettancourt-Meyers, is a leading shareholder in 1855.    

Daniel Ornon busy pouring@the London tasting

Fabien Hyon (1855 + ChateauOnline) promises but doesn't deliver

2008 en primeur: 2 cases of Les Forts de Latour and 3 cases of Latour not delivered by Chateauonline  

2008 en primeur: 3 cases of Carruades de Lafite not delivered by Chateauonline   

I was contacted today by RV, a Bordeaux en primeur client of ChateauOnline. Over the years RV bought en primeurs regularly from ChateauOnline and, although there were some problems over bottles being broken in transit, the wine ordered did arrive. 

RV's experience to date with the 2008s, now that ChateauOnline is part of 1855, has been less than reassuring. Some of RV's substantial order of 2008s, including  Mouton-Rothschild and Lafite, was delivered back in August 2011. There are still 14 cases outstanding, amongst them some First Growths. 

Back in February Fabien Hyon promised by email that the remaining wines would be delivered rapidly – since then not a squeak from Hyon and no wine either. (See emails below.)

Email received from RV (10th April 2012):       

Hello Jim,

Great to find your blogs on internet with regards to Fabien Hyon and 1855. I for myself bought a number of primeur 2008 with ChateauOnline whom I recently found out Fabien Hyon is also managing director. 

Following a number of unanswered emails and phone messages to Chateau Online, I did some research to find the MD and found it was Fabien Hyon so emailed him (21/2/12) about my missing wines (24 Calon Ségur, 36 Carruades de Lafite, 24 Les Forts de Latour, 24 Haut Brion, 24 Mission Haut Brion, 24 Clarence Haut Brion and 36 Latour!) and he did at least reply see below....but since that message nothing and he no longer replies to any of my messages...it's outrageous. Do you know of any lawyer in Paris who has managed to receive financial compensation for the present value of their wines and all the stress that this is causing? 

Kind Regards,
RV

My advice to RV? Hire a lawyer without further delay. See here. 

Email from Fabien Hyon (February 2012) with promise of 'votre livraison rapidement'

Madame,

Merci de votre message. Pour être clair :
- Il s'agit du premier message que je reçois de votre part,
- Nous allons organiser votre livraison rapidement, en effet sur CALAIS, les expéditions vers le Royaume Uni étant plus délicates en ce moment,
- Je ne peux vous empêcher d'aller écrire ce qu'il vous plaît sur des forums, mais je vous assure que cela n'accélère en rien les livraisons.

Je fais donc un point avec notre équipe et reviens vers vous sur une date sous quelques jours,

Salutations distinguées,

_________________________________

Fabien Hyon
Directeur Général

ChateauOnline
www.chateauonline.com 




Email from RV to Fabien Hyon, MD of 1855 group
Le 21 févr. 2012 à 11:41, RV a écrit :

Cher Monsieur,

Je vous email car il me manque toujours les vins listes ci dessous de la campagne primeur 2008 et aussi car je suis tres frustre que l'on ni Triona ou Mme Guinehut repondent a mes derniers emails. Comme on me dit depuis des mois que vous avez des delais avec les papiers de douane pour faire livere les vins en Angleterre J'ai sugere que vous m'envoyez mes vins a Calais et je viendrais les chercher. Pourquoi ne me repondez vous pas a mon mail? C'est simple, il vous suffit de m'envoyer la facture de TVA, je regle et je vous donne l'address de livraison. 

Veuilliez au moins avoir la correction me me repondre sinon la seule alternative qu'il me reste c'est rechercher par l'internet d'autres clients dans la meme situation que moi (par example des sites comme Lapassionduvin.com) et de partager ma frustration avec eux.

Veuilliez agreer Monsieur mes salutations distinguees

**

1855 share price

After thin trading today on the French Bourse shares in 1855 closed down at 0.06 cents down on last week's close of 0.07. At the beginning of 2012 the shares opened at 0.06 and then gradually rose until about a month go they briefly hit 0.10. Since then it has been back downhill confirming their junk bond status.

*

Which of these two 'gentlemen' is Fabien Hyon? 

a)

or 

b)

or 

c) I can't tell the difference!

1855: an April bonjour from Charles Ponzi

Charles Ponzi in 1920

From Charles Ponzi
1.4.2012


Dear Fabien Hyon,

You may be surprised to hear from me – after all I moved onto a new  entrepreneurial sector in January 1949. 

However, I have been so impressed by the way that you and Emeric Sauty de Chalon have managed 1855 maintaining with considerable élan the fundamental principles of a Charles Ponzi business. The fact that you and Emeric have managed to both keep the business afloat paying off creditors and customers at the last moment reflects great credit on you both, despite an increasing number of legal cases. I'm equally impressed that you have managed to keep Jean-Pierre Meyers on side, willing to splash the cash to keep 1855.com afloat. You, two, are indeed my worthy successors. 

Fabien, on a personal note, I also feel impelled to contact you because of the remarkable similarities in our physical appearance. When I saw your photo here I did a double take before realising that this is you and not me as a younger man!   

I trust you will continue to fleece your 'customers' for many years to come.


In awe, messieurs! 


Charles Ponzi

The 1855 scandal: an open letter and appeal to journalists and writers attending the 2011 Bordeaux en primeurs’ tastings

Château Lafite: among the en primeurs ordered from 1855 and not delivered

Over the next fortnight the wine world’s attention will be on Bordeaux with the 2011 en primeurs tastings. Many of you will be present there tasting and assessing the new vintage.

1855 (1855.com)

This coming fortnight is a great opportunity to turn the spotlight on the continuing scandal of 1855 (1855.com) and its failure to deliver a significant proportion of the Bordeaux en primeurs ordered by its clients. The failure to deliver has now spread to ChâteauOnline bought by 1855 in March 2011 with customers now find that their 2008 en primeurs have not been delivered.  

Although 1855 is based in France, it has disappointed and long suffering customers throughout Europe, waiting for en primeurs ordered and paid for stretching back to 2002.

Between November 2010 and March 2011 I kept a count of the Bordeaux en primeurs that 1855’s customers reported had not been delivered. The list of wines reached a staggering 500 cases outstanding with a value of just under 300,000€. As 1855 has a policy of delivering outstanding wines to those who shout loudest or who start legal action, and usually in dribs and drabs, it was not practical to continue to record the en primeurs not delivered.

1855 has claimed that it has placed firm orders for all 2009 en primeurs ordered through them. This may possibly be the case but on previous experience it is all too likely that there will be problems with 2009 en primeurs ordered through 1855.  On the La Passion du Vin forum there is a thread called ‘1855 retard des primeurs’ that now runs to an astonishing 122 pages and is full of stories of wines ordered but not delivered, promises made by 1855 and repeatedly broken as well as advice on the legal options available.     

Many customers have concluded that the only way to get 1855 to deliver their wines or obtain compensation is to go to court. Only last week a customer was offered by 1855’s lawyers before a Parisian court double the purchase price in compensation for his undelivered en primeurs from vintages 2005 and 2008. Surely a clear indication that 1855 failed to buy the wines this client ordered.

It would be great if you would warn your readers that buying 2011 en primeurs through 1855 and their associated companies – Cave Privée and ChâteauOnline – is all too likely to lead to disappointment and non-delivery of the wines ordered.

Much better to order en primeurs from more reliable and reputable companies. 

1855 and Union des Grands Crus de Bordeaux and the Conseil des Grands Crus Classés en 1855

During your stay in Bordeaux it would also be great if you would express your disappointment at the woeful and supine response by the Union des Grands and the Conseil des Grands Crus Classés to the long running scandal of 1855.

With a few honourable exceptions, such as Château Smith-Haut-Laffitte, the leading estates of Bordeaux have failed to warn purchasers of their wines of the well-documented dangers of buying Bordeaux en primeurs through 1855. Their response to this scandal has been shameful and craven, especially as they are certainly in a position to issue a strongly worded warning in relation to 1855. Instead the Union and the Conseil have sat on their hands and said nothing. 

Please ask the Union and the Conseil when they are going to speak up or are they content to see people who buy their wines fleeced?    

Anything you can do to highlight and warn potential buyers dealing with 1855 will be much appreciated. You have the power to make a difference!

**

'Management' and leading shareholder of 1855 

Emeric Sauty de Chalon and Fabien Hyon are the senior 'management' team of 1855 (1855.com, 1855.con). Businessman Jean-Pierre Meyers, who is on the boards of L'Oreal and Nestlé, is a long-term shareholder of 1855. He is the husband of Françoise Bettencourt, whose mother is the Oréal heiress: Liliane Bettencourt

1855 is a probationary member of La Fevad.


(This open letter has also been posted on Les 5 du Vin.)

  

 

     

Double your money with 1855!!

Château Lynch-Bages: a case of 2005 ordered from 1855

Double your money with 1855! Yes it sounds incredible but with the right legal advice it can happen as RD, an 1855 client, discovered yesterday at the Tribunal d'Instance. 2376€ has grown to 5649.40€, an increase of nearly 138%! This is just above the current value of the wines that 1855 has failed to deliver.

Like all too many of 1855's clients, RH ordered and paid for five cases of Bordeaux en primeur: three cases of 2005 – Rauzan-Ségla, Lynch-Bages and Kirwan – and then a case of 2008 Giscours, which he ordered from Châteauonline. RH paid 2376€. This was part of a much larger order that 1855 delivered in dribs and drabs and involved earlier court action. When 1855 failed to deliver these remaining wines RD decided to take the company to court again. He employed the services of Gwendoline Cattier of Deprez Guignot Associés, who already has a track record of success in cases against 1855.

The hearing at the Tribunal d'Instance in Paris was yesterday. A few hours before the hearing 1855's lawyers offered 5649.40€ as settlement of the claim. This includes vat and transport, which RH had not paid.

RD accepted the offer on the advice of Cattier and the following was agreed at court yesterday:

It was agreed that RD would receive in compensation double what he had paid for the 2005 and 2008 primeurs. Part of this agreed sum should be paid before the end of April

1855 would deliver RD’s 2009 primeurs before 31^st July 2012

At least some of RD’s legal fees would be paid by 1855

There should be a new court hearing after 31^st July to see if the RD’s 2009 primeurs had been delivered. 

 In addition to the 2005 and 2008 en primeur, RD also ordered some 2009s from 1855 and Châteauonline. 1855's lawyers have argued that these might still turn up, so for the moment they are not included as part of the compensation package agreed. It is, however, clear for the offer by 1855's lawyers that at least part of the 2008 en primeurs ordered by customers have not been paid for by 1855, whether or not they placed orders.

It remains to be seen whether this will be the same for the 2009 en primeurs ordered through the 1855 group. It is also clear from this example that it is worth taking 1855 to court provided you employ a lawyer who is conversant with this shower's modus operandi (or non-operandi!). It is also clear that, long-term, these sorts of settlement are a suicidal business plan unless Emeric Sauty de Chalon and Fabien Hyon can persuade Jean-Pierre Meyers to continue to empty his pockets to keep this scam afloat.

1855: failure to deliver primeurs spreads to chateauonline

10 Rue des Moulins, Paris – HQ of the 1855 scam

My post this week on Les 5 du Vin is a return to 1855. I continue to receive regular complaints about 1855's failure to deliver Bordeaux en primeurs to their clients. This problem has now spread to chateauonline acquired by 1855 last year. The post includes a kind offer of assistance from a client who is taking chateauonline to court.

'Management' and leading shareholder of 1855 

Emeric Sauty de Chalon and Fabien Hyon are the senior 'management' team of 1855 (1855.com, 1855.con). Thierry Maincent was a director and one of the directeur général délégués until he resigned his posts for personal reasons on 30th September 2010. Businessman Jean-Pierre Meyers, who is on the boards of L'Oreal and Nestlé, is a long-term shareholder of 1855.

1855 is a probationary member of La Fevad.

  

1855: story in Property Week + another example of delayed 2008 en primeur

Château Mouton-Rothschild

Mark Adams, an extremely frustrated client of 1855, covers in his column in Property Week (160,000 unique pages views per month) his recent trip to a Paris court to try to prise his wine out of 1855.    

'If only I had purchased the case of Mouton Rothschild 2008 which brought me to Paris on 17 November from Corney & Barrow or Justerini & Brooks.  I would not then have had to appear before Le Juge de Proximité at 4 Place du Louvre at 09:30 as the wine would have dutifully arrived as ordered.'  Read the rest here.

Read also Mark's disappointing visit to Paris in more detail here in a previous Jim's Loire post.

***

Château Latour

A message from GH, a similarly frustrated client of 1855, now considering his legal options:

'I appreciate your comments and your efforts to bring to the light the business practices of 1855.

Their behaviour is a huge scandal; many questions arise why the French authorities didn't close down this company already a long time ago.

I am myself a victim of this company concerning the 2008 Bordeaux subscription and missing delivery of those wines so far as many other wine lovers are; not thinking about the problems of the 2009 Bordeaux delivery that will probably come to the surface soon...

Reading all the blogs now I honestly have a lot of doubts that I will ever see those wines especially with regards to the fact that I took advantage of the spring 2009 economic crisis with a bit depressed prices for the big names like Lafite Rothschild and Latour, wines that I am waiting for...

I had many phone calls and mail conversation with those guys from 1855 and just got to know that delivery is gonna be delayed but will certainly happen.

Here their latest mail that I just got 3 days ago:

Dear sir,

Thank you for your message.

We would like to get back to you regarding the 2008 deliveries.

Please be assured that our teams are working to shorten the delays as much as possible. We guarantee that all the wines in your order will be delivered by the end of this year in spite of those supplying delays.

You will be notified by email when the wines are ready to be shipped.

We would like to thank you for your patience, we remain at your disposal if you have any further questions.'

Let's hope that GH gets lucky and does indeed receive his 2008s before the end of 2011. 

**

'Management' and leading shareholder of 1855 

Emeric Sauty de Chalon and Fabien Hyon are the senior 'management' team of 1855 (1855.com, 1855.con). Thierry Maincent was an administrateur and one of the directeur général délégués until he resigned his posts for personal reasons on 30th September 2010. Businessman Jean-Pierre Meyers, who is on the boards of L'Oreal and Nestlé, is a long-term shareholder of 1855.


1855 is a probationary member of La Fevad.