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French Groupe SEB acquires Groupe Sofilac and its iconic brands Lacanche and Charvet

Groupe SEB embarks on a new culinary excellence chapter and begins the process of acquiring Groupe Sofilac and its iconic brands Lacanche and Charvet. The Groupe SEB aims to build on its expertise in the high-end cooking equipment segment and continue its growth in professional and semi-professional markets.

Sofilac is a family-owned French group, majority-held by the members of the Augagneur family. It designs, manufactures and markets cooking equipment for high-end semi-professional (Lacanche brand) and professional (especially with the Charvet brand) customers. Lacanche, a Living Heritage Company, and Charvet offer exceptional, timeless and durable products based on unique know-how. Leveraging its iconic brands, Groupe Sofilac meets the needs of professional chefs and cooking enthusiasts, enabling them to express their talents.

This acquisition will enable Groupe SEB to strengthen its presence in the cooking equipment segment by rounding out its existing high-end brand offering (Krampouz, Forge Adour, WMF, All-Clad, and Lagostina). Simultaneously, it will fuel Groupe SEB's ambition to become the reference in professional and semi-professional equipment markets, which are expanding and profitable, with complementary brands, products and distribution channels.

This transaction, expected to be completed in April 2024, is conditioned in particular on informing and consulting employee representative bodies within certain Groupe Sofilac companies.

More information:
Groupe SEB

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