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Cyril Bourlon de Rouvre

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French businessman and politician
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Cyril Bourlon de Rouvre
BornBourlon de Rouvre
(1945-12-19) 19 December 1945 (age 79)
Boulogne-Billancourt, France
NationalityFrench
CitizenshipFrench
EducationAerospace engineer
Alma materLycée Janson-de-Sailly
Institut polytechnique des sciences avancées
Occupation(s)Businessman and politician
Known forTeam principal Ligier

Cyril Hubert Marie Bourlon de Rouvre is a French businessman and politician, born 19 December 1945 at Boulogne-Billancourt.

Education and early career

Son of Évrard Bourlon de Rouvre, an industrialist, and his wife Claude Genty, Cyril Bourlon de Rouvre is the heir of sugar refineries and the landed property of his great-grandfather, Charles Bourlon de Rouvre (1850–1924), himself stepson of one of the wealthiest men at the end of the 19th century, Gustave Lebaudy.

After studies at the collège Maspero in Paris, then at the collège Saint-Martin de France in Pontoise, the Oratory School in Reading, the Collège Saint-Jean in Fribourg and at the Lycée Janson-de-Sailly, Cyril Bourlon de Rouvre studied electrical engineering at Jussieu before graduating as an aerospace engineer at the Institut polytechnique des sciences avancées.

He first worked at Électricité de France before serving his conscription. He started his career as a sales engineer at the Elliot Automation company (1966–1968) before being director of export of the Sucre Union company (1971–1973). He was business manager of the sales support department of the Lara audiovisual company (1973), then commercial agent in the audiovisual (1974–1975) and associate director at the Auto Racing company (1977).

A young and dynamic business leader

In 1979, upon the death of his father (who was murdered by his valet), he inherited sizeable real estate holdings, a sugar refinery and 28 companies. He became CEO of Financière Robur et de Cofragec (1982–1992), Coficine (1984–1992) and many other companies.

He modernized the sugar factory, and his inheritance prospered. In 1981, he took control of the holding Fraissinet, owner of the business airline Transair. In 1987, he started a new career in film distribution by acquiring, from the producer Robert Dorfmann, by one of its companies, the Financière Robur, Cofragec company with its catalogue of 650 films including La Grande Vadrouille or La Vache et le Prisonnier. He produced movies including La Nuit bengali (1988) of Nicolas Klotz, Les Deux Fragonard (1989) of Philippe Le Guay, and La Peste (1992) of Luis Puenzo. He also invested in real estate, including a hotel in Tahiti.

Passionate about cars and racing, he rallied with Thierry Sabine, including Abidjan-Nice driving a Range Rover.

Political life in Haute-Marne and investment in Formula 1

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In 1989, he started a political career in Haute-Marne, a department where his grandfather was a deputy during the Third Republic. He was elected mayor of Chaumont as an independent (classified as miscellaneous right) against the centrist senator and mayor Georges Berchet, and regional councillor for the Champagne-Ardenne region (1992–1998).

He takes his team as an alderman, a man of 25 years, Luc Chatel, becoming the first "political godfather".

Owner of the Formula 1 team AGS from March 1989 to 1991, he swallowed $18 million and began selling the activities of his group, about 70 companies: First, Transair, then the sugar factory, sold to the Compagnie de Navigation Mixte, and in 1992, the movie catalogue lent to UGC in the form of a merger. In 1991, he sold AGS to the Italians Gabriele Rafanelli and Patrizio Cantu.

In 1992, Cyril de Rouvre bought the Formula 1 team Ligier for an estimated price of 200 million francs. With its new owner, the team started to be competitive again—the 1993 season was a success, with a 5th place in the constructor's championship (the team's best result since 1986). But Cyril de Rouvre's involvement lasted only one season because of legal troubles.

The legal troubles and the decline

On 5 May 1993, a complaint for fraud was filed against de Rouvre by Guy Verrecchia and Alain Sussfeld, the leaders of UGC, following the June 1992 takeover of Cofragec. The company had been emptied of its assets, leaving a liability estimated at 172.6 million francs. De Rouvre had promised to repay this sum by the end of 1992, but he still owed 100 million at that time. He was incarcerated by Judge Eva Joly at the Fleury-Mérogis Prison on 14 December 1993, spending two months in prison.

In early 1994, he sold Ligier to Flavio Briatore.

He lost the mayoralty of Chaumont at the French municipal elections of 1995.

In 1996, a judicial investigation was opened against him at the Tribunal de grande instance of Chaumont. He appeared before the Criminal Court of this city in September 1999 for tax evasion. Knowing that the prosecution had requested a sentence of three years imprisonment and a 20-year ban on company management, he was sentenced on 19 December 1999, his birthday, to a suspended sentence of 18 months imprisonment, a ban from managing a company for 3 years, and a large fine.

Bibliography

References

  1. "People: Cyril Bourlon de Rouvre". Retrieved 3 June 2021.
  2. Vital-Durand, Brigitte (14 May 1996). "La drôle de faillite de Cyril de Rouvre, ancien patron de Ligier" (in French). Libération. Retrieved 3 June 2021.
  3. Gilles, Gaetner (1 June 1994). "Les millions de Cyril" (in French). L'Express. Retrieved 3 June 2021.
  4. "Cyril de Rouvre" (in French). Libération. 24 December 1994. Retrieved 3 June 2021.
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