Patrick Llobregat takes over as President of the FEC

Patrick Llobregat, Senior VP Cookware of Groupe SEB, has just been elected President of the Federation of European Cutlery, Flatware, Holloware and Cookware Industries (FEC).

The FEC brings together national associations in these industries across the continent, and aims to protect their common interests, promote co-operation between members and provide support on economical and technical improvements. It officially represents its members’ interests in their relations with international authorities, particularly the European Commission.
Patrick Llobregat takes over from Peter Hollander, CEO of Dutch cutlery specialist Amefa B.V. He is also President of Unitam, the French Union of Cookware,Tableware and Domestic Products Industries.

ACTUALITÉS
jeddaH
Group

GROUPE SEB AND ALESAYI HOLDING FORGE STRATEGIC PARTNERSHIP TO STRENGTHEN PRESENCE IN SAUDI ARABIA

Groupe SEB announces the strengthening of its presence in Saudi Arabia with the acquisition of a 55% stake in its Saudi distributor – Alesayi Household Appliances Co. LLC – a subsidiary of Alesayi Holding Group that exclusively sells the Groupe SEB's Consumer products on a local basis since 2009. This partnership aims to unlock future growth opportunities in the Saudi market through the local expertise of Alesayi Holding.

finances
Finance

GROUPE SEB CONTINUES TO STRENGTHEN ITS FINANCIAL STRUCTURE WITH A €150M FINANCING OVER 12 YEARS

Groupe SEB is pleased to announce the success of a €150m, 12-year private placement, with
leading institutional investors.

The placement comes without financial covenants and is SEB's first with a maturity of more than
10 years, enabling it to extend the average maturity of its debt.

Close-up of Lacanche piano ignition button
Finance

FINALIZATION OF THE ACQUISITION OF SOFILAC

Further to the announcement made on February 21, Groupe SEB is pleased to announce the finalization of its acquisition of Sofilac, a French group specializing in the design, manufacture and marketing of high-end semi-professional and professional cooking equipment (in particular, with the Lacanche and Charvet brands).