Seb announced Thursday evening that it had finalized the acquisition of Sofilac, a French company specializing in the manufacture of high-end cooking equipment.
In a press release, the household appliance group states that the transaction is part of its strategy to become a benchmark player in professional equipment markets.
Founded at the end of the 18th century, Sofilac produces 'premium' professional and semi-professional cooking equipment, notably under the Lacanche and Charvet brands.
Present in over 45 countries worldwide, the company has annual sales of 62 million euros and 360 employees.
Seb explains that Sofilac will now be able to draw on the strength of its group, both in France and internationally, to accelerate its development.
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The world leader in Small Household Equipment, SEB S.A. relies on 35 flagship brands (Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, etc.) and a broad product portfolio:
- cookware: frying pans, saucepans, pressure cookers, utensils, etc.;
- small culinary appliances: items for electric cooking (deep fryers, rice cookers, pressure cookers, etc.), beverage preparation (coffee makers, kettles, etc.) or food preparation (blenders, food processors, etc.);
- small non-culinary household appliances: linen care equipment (irons, steam generators, steamers, steamers, etc.), vacuum cleaners, fans, and personal care equipment (hairdressing and depilation appliances, etc.).
At the end of 2023, the group operated 41 manufacturing sites worldwide.
Net sales are distributed geographically as follows: Western Europe (34.1%), Europe/Middle East/Africa (15.2%), China (27.9%), Asia (7%), North America (10.9%) and South America (4.9%).