M&A Activity • Sep 4, 2019
M&A Activity
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September 4, 2019
Groupe SEB is announcing that it has entered into exclusive negotiations for the acquisition of a 100% stake in KRAMPOUZ SAS.
KRAMPOUZ is a French company that designs, produces and markets crepe makers, waffle makers, planchas and grills for professionals and consumers. Based in Pluguffan, KRAMPOUZ is an iconic Breton brand, this year celebrating its 70th anniversary. The company reported annual revenue of approximately €18 million. It is active and distributed on all 5 continents. The company relies on a competitive manufacturing site and is committed to a strategy of continuous and client focused innovation. It has a c. 90-strong workforce.
KRAMPOUZ would enhance Groupe SEB's Professional and premium Consumer ranges. It would also bring access to new distribution channels with strong potential for the Group.
The finalization of the transaction, expected for end-September 2019, is subject to the signature of the agreements to transfer securities after informing and consulting with KRAMPOUZ SAS employee representative bodies.
www.krampouz.com
Investor/Analyst Relations
Financial Communication and Investor Relations Isabelle Posth and Raphaël Hoffstetter Campus SEB – 112 chemin du Moulin Carron 69130 Ecully
Phone:+33 (0) 4 72 18 16 04
Groupe SEB Corporate Communication Dept Cathy Pianon
Phone: . + 33 (0) 6 33 13 02 00
Image Sept Caroline Simon Claire Doligez Isabelle Dunoyer de Segonzac
Phone:+33 (0) 1 53 70 74 70
World reference in small domestic equipment, Groupe SEB operates with a unique portfolio of 30 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 service to clients. With products being present in over 150 countries, Groupe SEB generated sales of approximately €6,8 billion in 2018 and had more than 34,000 employees worldwide.
SEB SA
SEB SA - N° RCS 300 349 636 RCS LYON – with a share capital of €50,307,064 – Intracommunity VAT: FR 12300349636
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