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Responsible Ownership

A governance-led approach

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At Grenadier Holdings, responsible ownership means taking a long-term view of the businesses we steward. We support our investment companies through disciplined governance, active engagement, and a clear focus on sustainable value creation.

As a family office, we recognise that long-term value is created not only through financial performance, but through strong leadership, engaged employees, responsible environmental stewardship, and positive contributions to the communities in which our businesses operate. Our approach reflects this broader responsibility as an owner.

In practice, this means setting clear expectations, encouraging high standards of conduct, supporting the development of strong organisational cultures, and promoting thoughtful decision-making that balances commercial success with long-term sustainability. While each investment company operates independently, we seek to foster a shared commitment to integrity, accountability, and continuous improvement across the portfolio.

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Responsible Ownership in Practice

Responsible ownership is embedded throughout our governance structures, investment approach, and relationships with our investment companies.

Board Oversight

The Board of Grenadier Holdings provides oversight of responsible ownership across the portfolio, helping ensure that governance, risk management, and long-term value creation remain central to strategic decision-making.

Leadership Accountability

Responsibility for day-to-day implementation sits with the leadership teams of each investment company. Supported by appropriate governance structures, they are responsible for managing risks, maintaining high standards, and driving long-term performance within their businesses.

Investment Discipline

Pre-acquisition Assessing material opportunities, risks, and long-term considerations as part of due diligence.

Ownership Supporting strong governance, responsible business practices, and sustainable growth.

Long-term stewardship Encouraging continuous improvement, resilience, and value creation over time.

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Across Our Investment Companies

While each investment company operates independently, responsible ownership is reflected in how they are governed, how they support their people, how they serve customers, and how they create long-term value.

The examples below illustrate this across the portfolio.

Paragon

Provides business process services, customer communications, fulfilment, and marketing services to organisations across multiple sectors and geographies. Paragon has published a Carbon Net Zero Plan, committing to Net Zero Scope 1 and 2 emissions by 2035 and Net Zero across its value chain by 2050, while continuing to advance energy efficiency and responsible production initiatives across its operations.

Paragon ID

Develops secure identification, payment, and traceability solutions that support trust, security, and efficiency across critical sectors. Paragon ID maintains recognised sustainability certifications, including EcoVadis Platinum status, and embeds responsible sourcing and operational efficiency across its activities.

Paragon Print

Provides mission-critical print, fulfilment, direct mail, and customer communications solutions across Europe. Paragon Print continues to invest in production efficiency, modern print technologies, and operational resilience to support customers and reduce environmental impact.

Grenadier Packaging

Provides sustainable packaging solutions to customers across a range of industries. Grenadier Packaging supports material innovation, circular packaging initiatives, and waste reduction programmes, helping customers improve resource efficiency and reduce environmental impact.

Graphic Services

Delivers print and communications services through an international network of specialist businesses. Responsible ownership is reflected through efficient production processes, responsible sourcing practices, and a focus on continuous operational improvement.

Grenadier Realty

Owns and manages a diverse property portfolio with a long-term investment horizon. Responsible ownership is reflected through active asset management, ongoing investment in property improvements, and a focus on maintaining resilient, high-quality assets over time.

Legal Counsel reviewing documents during a meeting at Grenadier Holdings.

Our Investment Companies

Responsible ownership is expressed through the businesses we steward. Explore our investment companies and learn more about their activities, markets, and long-term growth ambitions.