Each brand has a well-defined identity, with a specific values which are reflected in the product offering, features and design, as well as in appropriate communication mechanics.
We remain convinced that our balanced business model, combining profitable growth and a resolutely responsible approach, creates value for all and plays a full part in our contribution to better living in households around the world.
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1st quarter 2023 sales and financial data
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2023 Half-year sales and results
External growth is another key area for the Group's growth strategy. External growth is another key area for the Group's growth strategy. Working in what is still a fragmented small household equipment market, Groupe SEB is positioned as a consolidator in its sector.The Group's history is studded with a number of transactions that have served to bring it leading positions in numerous countries and product categories.
As well as the requisite financial capacity, external growth calls for the ability to effectively integrate acquired companies and unlock synergies. Over the years and with each new acquisition, Groupe SEB has built up substantial experience in the integration of acquired companies.
Our two latest acquisitions, made in 2016, are particularly strategic.
Groupe SEB has completed in February 2019, , after receiving all required regulatory clearances, the acquisition of Wilbur Curtis, the second largest player in the professional filter coffee machine industry in America.
Founded in 1941, Wilbur Curtis manufactures and markets equipment for the preparation of hot and cold beverages, mainly filter coffee and cappuccino machines. Sustained investment and a continuous commitment to innovation have enabled Wilbur Curtis to offer many of the US market’s best-in-class product offerings.
Wilbur Curtis’ sales have been increasing steadily, amounting to more than $90M, primarily in the US. Major customers include coffee roasters, specialty coffee retailers, convenience stores, fast-food chains, hotels and restaurants. Wilbur Curtis has built and maintains a long-term relationship with its customers, leveraging its professional salesforce and ensuring extensive national coverage.
Its high-performance production facility located in Montebello, California, employs 300 people
Acquisition of WMF, a flagship in German industry working in three markets: small household equipment (cookware and small electrical appliances), professional automatic coffee machines, and hospitality industry equipment. This acquisition is structuring and strategic for the Group:
Acquisition of EMSA, a German company that designs, manufactures and markets kitchen tools and accessories. EMSA leads the German market in thermo jugs and food storage containers and is also present in the rest of Europe and the Middle East.
Chaque marque a une identité bien définie avec des valeurs spécifiques qui s’expriment à travers l’assortiment,
les fonctionnalités, le design des produits, ainsi qu’un type de communication propre à chacune.