About Us
Introduction
The Libra Group is a privately owned global conglomerate created in 2003. It comprises the diversified business interests of the Logothetis family that for the preceding 28 years had been focused exclusively on international shipping. Today our group spans 20 locations across four continents and is predominantly focused on five core sectors: shipping, aviation, real estate, hospitality and energy.
The rapid expansion of the Libra Group was made possible by the sale of a total of 67 vessels between 2004-2006. It was during this time that the group diversified its activities.
Recently we have been again investing at scale in the transportation sector. Our aviation leasing business has acquired aircraft with a value approaching $5 billion since its inception. In November 2007 we sold our entire aircraft fleet and in early 2009 resumed our acquisition programme. In 2009 and 2010 our shipping company, Lomar, acquired a total of almost 40 ships.
Our residential and commercial real estate interests are global and include ownership of three million square feet of residential and commercial property in South America plus a portfolio of real estate in prime locations such as Los Angeles, New York, London, St Petersburg, Athens, Singapore and Bangkok.
Our hotel and hospitality interests are similarly widespread and include a collection of 18 owned and managed hotels as well as restaurants and conference centres that have won global critical acclaim.
We undertake a limited number of projects that fall outside our core business sectors yet meet our broad investment criteria. These diversified investments currently include a film/TV production company in Los Angeles, a construction company in Argentina, and a Greek agriculture business.
Meanwhile our energy businesses that began with solar and wind parks in the Mediterranean have now expanded to include industrial-scale biofuel manufacturing plants in North America and biogas facilities in Northern Europe.
Libra is a family business and we hold dear to family values but we also encourage diversity and initiative. Each of the 30 businesses that comprise the Libra Group exercises a considerable degree of autonomy. We believe that local experience and insight aids confident investment decisions and ensures operational efficiency.
- Management
- Global Reach
- Track Record