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History
| The willingness to undertake and to perpetuate
As descendants of a line of experienced iron-masters, the historic executives of Viellard Migeon & Compagnie have laid the foundations of a form of dynastic capitalism which is both attached to its geographical roots and open to the world.
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 Jean-Baptiste Dominé & Juvénal Viellard, the historic executives of Viellard Migeon & Compagnie |
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Viellard Migeon & Compagnie’s industrial adventure began in the 17th century at Lepuix-Gy, in the Vosges. It continues today only a few miles away at Grandvillars. Throughout the centuries, and more intensively in the last 30 years, the company has sought to diversify its activities.
A family enterprise at first specialising in forges, metals and wire, Viellard Migeon has evolved into a financial holding open to new domains and professions.
In this way its business of bolt and screw manufacturing, created in 1827, today represents a share of 23% in the Lisi group, European leader in automobile and aeronautic fasteners, present on the Paris stock exchange and with a staff of more than 6000 throughout the world.
Its fishing and leisure division, represented since 1910 by the Morvillars fish-hook factory, today holds 27% of Rapala-VMC, present on the Helsinki stock exchange.
Its welding division was created in 1950 and became, in 2000, the FSH Welding Group, subsidiary of Viellard Migeon & Compagnie (95%). Its factory at Grandvillars specialises in the fabrication of welding electrodes and the group employs more than 200. |
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Values and a strategy adapted to the challenges of the 3rd millenium
Viellard Migeon & Compagnie drawns its force, today as always, in its traditional values, guardian of its perennity for more than two centuries.
Values based on the loyalty of family shareholders, respect for its staff, the confidence of its partners, and a strong sense of the past combined with a vision of the future.
By augmenting its shares in groups with mondial status, by consolidating its welding subsidiary, and by opening to partners and markets in related fields, Viellard Migeon & Compagnie’s leaders are determined to anticipate world trends, thereby perpetuating the vision of their ancestors in the world of industry and finance. |
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Key dates
1679
The first "maître de forge" (iron-master) of the Viellard family, Nicolas, manages the foundry of the Lepuix-Gy mines, Giromagny.
1796
Jean-Baptiste Migeon and Jean-Baptiste Dominé acquire the lease of the Morvillars forges.
1806
Under the First Empire, the Morvillars forges manufacture wire for the Japy factories. Viellard Migeon begins to manufacture chains, bolts, screws and related products.
1835
The marriage of Juvénal Viellard and Laure Migeon and later, in 1870, of their son Léon Viellard and Claire de Pruines, contributed to developp wood and forges in the area. |
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1910
Creation of the Morvillars fishhook factory, early in the 20th century, still flourishing today.
1930
Viellard Migeon & Compagnie diversifies, expanding its activities to the construction of hydro-electric dams, an activity later nationalised.
1967
Viellard Migeon merges its screw and bolt division with other manufacturers to create GFD.
1996
VMC celebrates its 200th anniversary and becomes a member of the Henokiens.
2000
VMC Pêche joins Rapala to form the Rapala-VMC Group, present on the Helsinki Stock Exchange, becoming the world's largest manufacturers of lures and treble hooks. |
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2002
GFI Industries becomes the Lisi Group, present on the Paris stock exchange. Today the groupe is centred on three sectors: aeronautics, automobiles, and perfume-cosmetics. Each division is autonomous, but shares with the others marketing and manufacturing techniques.
2005
Viellard Migeon & Compagnie consolidates its position by becoming the principal shareholder in Rapala-VMC. |
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