Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Groupe SEB Negotiates to Acquire Lagostina
Feb 28, 2005
 Printable format
 Email this Article
 Search

European-based appliance maker Groupe SEB confirmed that it has entered into negotiations to acquire a majority interest in the Italian-based company Lagostina on an exclusive basis for 2 months.

Lagostina is an Italian producer of premium pressure cookers, stainless-steel pots, frying pans, and other cookware, distributed through specialty retailers.

In the high-end segment, the company is also said to be a market leader in France, Canada, the Benelux countries, and Taiwan. In 2004, it reported some 60 million euros (approx. U.S. $79.5 million) in revenues, of which around 30 percent were generated in export markets. Production is concentrated at a single plant in Omegna, Italy, although certain products have been partially outsourced.

Groupe SEB said the proposed acquisition of Lagostina is aligned with its strategic vision and would enable it to continue the process of expanding in the premium cookware segment that was initiated in 2004 with the acquisition of All-Clad in the U.S.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows