Mastrad S.A. (ALMAS.PA) designs, manufactures and distributes innovative kitchen utensils and smart cooking technologies under the philosophy of l'art de l'utile; its product portfolio encompasses over 400 items including wireless meat thermometers such as Meat°it and M° Classic, silicone oven mitts, spatulas, slicers, peelers, choppers, scissors, baking pans, molds, timers, scales, pastry torches, cake pans, whisks, scrapers, barbecue tools, strainers, barware, ice cube trays, recipe books, pans, steamers and kids' serving items, marketed primarily under the Mastrad and former Orka brands. Founded in 1994 by Mathieu Lion and headquartered at 32 Rue de Cambrai, 75019 Paris, France, the company operates subsidiaries in the US and Hong Kong, exporting to more than 50 countries with a focus on home cooks and professional chefs; it invests over 7% of profits in R&D for new materials and ergonomic designs, many patented and awarded, including appearances on shows like Top Chef. Recent developments include the completion of a EUR1.45 million bond financing in August 2025 to fund innovation projects, exit from safeguard proceedings in March 2025, release of improved consolidated semestral results for December 2024 in April 2025, merger with subsidiary Orka in July 2023 and appointment of a new general manager in June 2023.