- Business
- SEB SA (Euronext: SK.PA) manufactures and markets small domestic equipment worldwide, operating in three core segments of cookware, kitchen electrics, and home care; its portfolio encompasses leading brands including Tefal, Moulinex, Rowenta, Krups, Calor, and Lagostina. The company produces electrical cooking appliances such as deep fryers, rice cookers, electric pressure cookers, grills, toasters, multicookers, and coffee makers; food and beverage preparation products including blenders, food processors, kitchen machines, mixers, and electric kettles; home care items like irons, steam generators, garment steamers, vacuum cleaners, fans, heaters, air treatment appliances, hair care tools, depilators, beard trimmers, and bathroom scales; and cookware such as frying pans, saucepans, pressure cookers, bakeware, utensils, food storage, flasks, and cutlery, alongside professional equipment including hotel products, crepe makers, and planchas. Founded in 1857 and headquartered in Ecully, near Lyon, France, SEB serves consumer and professional markets across more than 150 countries, with a workforce exceeding 30,000 employees and annual sales around €8 billion.
In recent developments, the company integrated acquisitions of Sofilac and La Brigade de Buyer, contributing to scope effects in 2025 sales amid stable like-for-like performance of €5.7 billion for the first nine months; it issued a €500 million bond in June 2025 maturing in 2030 to refinance maturing debt and enhance financial flexibility. SEB launched a comprehensive growth restoration plan in October 2025, targeting recurring savings of €200 million by 2027 through efficiency measures, increased investments in innovation, AI, and digital initiatives, and organizational streamlining to boost agility and consumer engagement on sustainability; this follows a revised outlook for stable to slightly positive organic sales growth and operating profitability between €550 million and €600 million for the full year.