The maker of the small electrical appliances Seb Group (owner of Tefal and Moulinex) posted sales of €5 billion in 2016 (+6% like-for-like).
The Group is also a well-known retailer, with 1,200 stores worldwide. Last year, Seb Group purchased WMF, the world’s largest manufacturer of professional coffee machines with a market share of 28% worldwide. Seb and WMF businesses remain independent right now, but Seb considers selling some products at the WMF’s 200 fully-owned stores. WMF also has...