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M&A Activity • Apr 11, 2024
1637_iss_2024-04-11_f94cf683-1eeb-4ce7-9306-6067e1b0d061.pdf
M&A Activity
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April 11, 2024 – 5:45 p.m.
1
FINALIZATION OF THE ACQUISITION OF SOFILAC
Further to the announcement made on February 21, Groupe SEB is pleased to announce the finalization of its acquisition of Sofilac, a French group specializing in the design, manufacture and marketing of high-end semi-professional and professional cooking equipment (in particular, with the Lacanche and Charvet brands).
The acquisition of Sofilac supports Groupe SEB's ambition to become a benchmark player in the professional equipment markets and strengthens its presence in the premium cooking segment.
Sofilac now benefits from the strength of the Group, both in France and abroad, to step up its development.
Piano Lacanche Charvet professional kitchen equipment
About Groupe Sofilac:
- - Created at the end of the XVIIIth century in Lacanche (France)
- - €62m sales in 2023
- - Present in more than 45 countries worldwide, 1/3 of sales generated from export markets
- - 360 employees
- - Brands: Lacanche, Charvet, Ambassade de Bourgogne, Air'T, Open'Cook
Next key dates – 2024
| after market closes April 25 |
Q1 2024 sales and financial data |
|---|---|
| 2:30 pm (Paris time) May 23 |
Annual General Meeting |
| July 25 | H1 2024 |
| before market opens | sales and results |
| after market closes | 9-month 2024 |
| October 24 | sales and financial data |
Investor/Analyst Relations
Groupe SEB Financial Communication and IR Dept
Raphaël Hoffstetter Guillaume Baron
Tel. +33 (0) 4 72 18 16 04
Media Relations
Groupe SEB Corporate Communication Dept
Cathy Pianon Anissa Djaadi Marie Leroy
[email protected]
Tel. + 33 (0) 6 33 13 02 00 Tel. + 33 (0) 6 88 20 90 88 Tel. + 33 (0) 6 76 98 87 53
Image Sept Caroline Simon Claire Doligez Isabelle Dunoyer de Segonzac
Phone +33 (0) 1 53 70 74 70
Find us on www.groupeseb.com
World reference in small domestic equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 35 top brands including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, marketed through multi-format retailing. Selling more than 350 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service. Present in over 150 countries, Groupe SEB generated sales €8 billion in 2023 and has more than 31,000 employees worldwide.
SEB SA
SEB SA - N° RCS 300 349 636 RCS LYON – with a share capital of €55,337,770 – Intracommunity VAT: FR 12300349636