Groupe SEB Announces a 150 Million Euros Investment in France
22 September 2021 - 6:00PM
Business Wire
Regulatory News:
Groupe SEB (Paris:SK) announces an investment of more than 150
million euros in France this year.
With 11 industrial sites in the country, Groupe SEB is very
committed to producing in France and invests an average of 60
million euros each year.
In addition to the investment mentioned above, Groupe SEB has
this year two major projects:
On the Group's world headquarters based in Ecully near Lyon, a
new Research Center will open very soon and between 150 and 200
researchers will be working at a worldwide level. This 12
million euros investment will allow further Groupe SEB's
development with the creation of a Global Innovation Center for the
Small Household Appliances business. The objective is to bring
together, on the same site, the players in the Innovation process,
enabling the Group to accelerate the development and the launch of
its new products. In 2019, the expansion of the area by an
additional 2,500 m2 has begun, 40% of which will be used for labs.
The purpose of all these investments is, in particular, to study
consumer behavior and needs in order to derive strong concepts for
new products.
In Hauts-de-France, Groupe SEB has committed around 80 million
euros to build a logistics platform at the Alouette business park
in Bully-les-Mines. Covering an area of more than 26 hectares, the
site will host the future distribution center of more than
100,000m² for European markets. The platform should be operational
in the first half of 2023.
Next key dates - 2021 October 26 | after market closes: 9-month 2021 sales and
financial data
Find us on www.groupeseb.com
World reference in small domestic equipment, Groupe SEB operates
with a unique portfolio of 31 top brands including Tefal, Seb,
Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor,
marketed through multi-format retailing. Selling more than 360
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 €6.9 billion in 2020 and has more than 33,000 employees
worldwide.
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version on businesswire.com: https://www.businesswire.com/news/home/20210922005829/en/
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Phone: + 33 (0) 1 53 70 74 70
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