Regulatory News:
The Groupe SEB (Paris:SK) aims to build on its expertise in
the high-end cooking equipment segment and continue its growth in
professional and semi-professional markets.
Sofilac is a family-owned French group, majority-held by the
members of the Augagneur family. It designs, manufactures and
markets cooking equipment for high-end semi-professional (Lacanche
brand) and professional (especially with the Charvet brand)
customers. Lacanche, a Living Heritage Company, and Charvet offer
exceptional, timeless and durable products based on unique
know-how. Leveraging its iconic brands, Groupe Sofilac meets the
needs of professional chefs and cooking enthusiasts, enabling them
to express their talents.
This acquisition will enable Groupe SEB to strengthen its
presence in the cooking equipment segment by rounding out its
existing high-end brand offering (Krampouz, Forge Adour, WMF,
All-Clad, and Lagostina). Simultaneously, it will fuel Groupe SEB's
ambition to become the reference in professional and
semi-professional equipment markets, which are expanding and
profitable, with complementary brands, products and distribution
channels.
This transaction, expected to be completed in April 2024, is
conditioned in particular on informing and consulting employee
representative bodies within certain Groupe Sofilac companies.
LACANCHE, equipment inspired by the kitchens of the
highest-ranked chefs
Manufactured for several centuries in the Burgundy village of
the same name, with its history closely associated with metalwork,
Lacanche cooking equipment and ranges honor French culinary
tradition. A wide range of options and finishes make each
"gastronomic piano" a unique object.
True to its original values, this family-owned company combines
passion, innovation and savoir-faire. Recognized as a "Living
Heritage Company", it pays close attention to the noble materials
and components, as well as the quality of its signature enamel
shades on its equipment.
CHARVET, the "3-star" range
Since 1934, Charvet has been designing and manufacturing
professional cooking equipment, particularly for the kitchens of
top chefs. Numerous Michelin-starred chefs and gourmet
establishments in France and around the world are equipped with the
brand's pianos: whether it's the kitchen of Michelin-starred Chef
David Gallienne at Le Jardin des Plumes in Giverny, France, the
kitchen of Michelin-starred Chef Nicolas Sale at MIN de Rungis, or
Chef Sebastien Lepinoy's Les Amis restaurant in Singapore, awarded
3 Michelin stars and ranked among the 100 best restaurants in the
world.
Charvet brand is also recognized for the high quality and
reliability of its equipment by catering establishments.
AMBASSADE DE BOURGOGNE, AIR’T and OPEN’COOK, excellence from
Burgundy
Designed and manufactured on the Lacanche site, in the heart of
Burgundy, the historic cradle of Groupe SEB, the Ambassade de
Bourgogne, Air'T and Open Cook ranges represent French expertise
and excellence. Local manufacturing, to which Groupe SEB is firmly
committed, is a guarantee of quality, reliability and
durability.
This diversified brand portfolio covers a complete range of
cooking equipment for restaurant professionals, small and mid-sized
communities and caterers: from ovens to professional baking and
regenerating ovens, not forgetting outdoor cooking 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
April 25 | after market
closes
Q1 2024 sales and financial
data
May 23 | 2:30 p.m.
Annual General Meeting
July 25 | before market
opens
H1 2024 sales and results
October 24 | after market
closes
9-month 2024 sales and financial
data
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 nearly 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 of €8
billion in 2023 and has more than 30,000 employees worldwide.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240221167461/en/
Investor/Analyst relations
Groupe SEB Financial Communication and IR Dept
Raphael Hoffstetter Guillaume Baron
comfin@groupeseb.com
Tel. +33 (0) 4 72 18 16 04
Media Relations
Groupe SEB Corporate Communication Dept
Cathy Pianon Anissa Djaadi Marie Leroy
presse@groupeseb.com
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
seb@image7.fr
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