You are here

Groupe SEB creates an investment fund, SEB Alliance, and ventures into the realm of digital cooking solutions

Publication date: 
30 May 2011 - 06:00
Document: 
http://www.groupeseb.com/en-en/system/files/10%20MB/PR_SEB%20Alliance_KI_30052011_EN.pdf.V2.pdf

To prepare for coming changes in the small domestic equipment market and extend its innovation strategy to new technologies and expertise from outside the company, Groupe SEB has created an investment fund – SEB Alliance – with initial capital of €30 million. The fund will serve as a technology watch as well as an investment unit.