The story
The company was founded in 1898. It was led from 1905 until 1955 by the Belgian-American engineer of German origin Dannie Heineman (1872–1962). Historically, the company owned the Anglo-Argentine Tramways Company, which was one of the largest tram operators in the world at the time. From 1955 on, the current family shareholders started to invest. Yves Boël is appointed Director in 1956. In 1964, the Boël family took control together with Société Générale de Belgique.
From Wikipedia’s article on Sofina, shared under CC BY-SA 4.0.5