The Woodbridge Company Limited is a Canadian private

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

based in

Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

, Ontario. It is the primary investment vehicle for members of the family of the late Roy Thomson, the first

Baron Thomson of Fleet Baron Thomson of Fleet, of Northbridge in the City of Edinburgh, is a title in the Peerage of the United Kingdom. It was created in 1964 for Roy Thomson, a Canadian-born newspaper magnate. He was succeeded in 1976 by his son, the second baron. , ...

. David Binet has been the president and chief executive officer of the company since 2012.

Main holdings

Woodbridge is the principal and controlling shareholder (62.35%) of

Thomson Reuters Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corpora ...

, a multinational

media conglomerate A media conglomerate, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as music, television, radio, publishing, motion pictures, theme parks, or the Internet. According to the ...

. Thomson Reuters was formed in 2008, when the

Thomson Corporation The Thomson Corporation was one of the world's largest information companies. It was established in 1989 following a merger between International Thomson Organisation Ltd (ITOL) and Thomson Newspapers. In 2008, it purchased Reuters Group to fo ...

acquired

Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...

. In late 2010, Woodbridge sold its 40% interest in

CTVglobemedia Bell Media Inc. ( French: ) is a Canadian company formed by the amalgamation of several companies. Establishment (2011–13) On December 9, 2011, the Ontario Teachers' Pension Plan announced the sale of its majority stake in Maple Leaf Sports ...

, a Canadian media company with ownership of the

CTV Television Network The CTV Television Network, commonly known as CTV, is a Canadian English-language terrestrial television network. Launched in 1961 and acquired by BCE Inc. in 2000, CTV is Canada's largest privately owned television network and is now a divis ...

, to

BCE Inc BCE Inc., formerly Bell Canada Enterprises Inc., is a publicly traded Canadian holding company for Bell Canada, which includes telecommunications providers and various mass media assets under its subsidiary Bell Media Inc. Founded through a cor ...

. Woodbridge held the 85% interest in ''

The Globe and Mail ''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it ...

'' newspaper before acquiring the remaining 15% owned by BCE in August 2015.

Ownership

Woodbridge is the primary investment vehicle for members of the family of the late Roy Thomson, the first

. David Thomson and his brother,

Peter Thomson Peter Thomson may refer to: * Peter Thomson (golfer) (1929–2018), Australian golfer * Peter Thomson (diplomat) (born 1948), Fiji's Permanent Representative to the United Nations * Peter Thomson (footballer) (born 1977), English footballer * Peter ...

, became chairmen of Woodbridge in 2006 upon the death of their father,

Kenneth Thomson Kenneth Roy Thomson, 2nd Baron Thomson of Fleet (September 1, 1923 – June 12, 2006), known in Canada as Ken Thomson, was a Canadian/British businessman and art collector. At the time of his death, he was listed by ''Forbes'' as the richest per ...

. In 2015, ''

Canadian Business ''Canadian Business'' is the longest-publishing business magazine based in Toronto, Ontario, Canada, and founded in 1927. The print edition terminated in the end of 2016. Beginning in January 2017, the magazine was published online only. In Octob ...

'' magazine reported that Sherry Brydsonchild of Irma Thomson, one of Roy Thomson's two daughtersholds the largest stake in the family company. It is estimated that she holds 23.47% of the company's shares.

References

External links

Profile of The Woodbridge Company

Woodbridge buys BCE's 15% stake in The Globe and Mail
Holding companies of Canada Newspaper companies of Canada The Globe and Mail Thomson Reuters Thomson family {{canada-company-stub

Main holdings

Ownership

See also

References

External links