Seb Group International and Cookware Brands Asia, Europe and worldwide

Seb Group International and Cookware Brands Asia, Europe and worldwide


http://sebgroup.en.alibaba.com/


Guangzhou S.E.B Metal Co., Ltd. consists of two branch factories. One produces aluminum serial bottles and cups and the other one produces stainless steel serial products. Our company is an enterprise specializing in manufacturing various stainless steel metal products. We have advanced technology, equipment, and management. We have many products, such as stainless steel vacuum cups, vacuum flasks, travel bottles, baby bottles, sports bottles, coffee pots, and wide mouth pots. With unique and elegant designs, high quality, and reasonable prices, our products are well appraised by our customers. Chinese cookware maker Zhejiang Supor Co Ltd, controlled by French home appliance company Groupe SEB, said that its products are safe, refuting media reports that its pans could cause health problems. On Thursday, state broadcaster China Central Television (CCTV) said in a report that some of Supor's cookware products contained an excessive amount of manganese — a chemical element which, if taken in large amounts, can cause neurological damage to humans. It added that although most countries, including China, had not set standards related to the amount of manganese in pots and pans, Supor has had its products tested and certified as safe by the standards of Italy, which it said was the only developed country that has published manganese-related standards. "Our company will continue to strengthen quality management, and will continue to provide high quality," Supor said. Supor, China's biggest cookware maker, makes products ranging from frying pans to rice cookers, and is majority-owned by SEB, which owns brands such as Tefal and Moulinex. Trading in Supor shares, which was suspended yesterday in response to the media report, will resume next week, the company said. Its shares closed at 15.68 yuan (RM7.72) on Thursday before the suspension, down 6.1 per cent so far this year. China's food industry has been beset by a series of scandals over quality, including carcinogenic and other disease-causing ingredients found in milk and other foods, which have eroded consumers’ confidence. SOURCE: themalaysianinsider.com High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://blogs.ft.com/beyond-brics/2011/02/17/deal-of-the-day-french-interest-grows-in-chinese-cooking/#ixzz1oDD6SEPZ Deal of the day: French interest in Chinese cooking grows February 17, 2011 7:58 pm by beyondbrics 0 1 Supor cookwareBy Francesca Ficai of mergermarket The growing spending power of China’s middle-class has prompted France’s SEB International, the home appliance group with the Rowenta and Tefal brands in its portfolio, invest $520m to increase its stake in Supor, a top Chinese cookware maker. SEB will raise its stake to 71.3 per cent from 51.3 per cent in a move that will allow the founding Su family to take cash out of the business and look for new opportunities. The French group acquired its initial stake in 2007 with the idea of positioning itself inside a market with a growing upper and middle-class. Earlier this week SEB told mergermarket of its intentions to expand further into emerging markets including Asia and South America for precisely this reason. SEB International said in a statement: The purpose of this complementary acquisition is to strengthen the strategic investment completed by Groupe SEB in Supor in 2007 and secure the smooth development of the company through a solid and stable shareholders’ base. An SEB spokesperson said that for the Su family the sale presented an opportunity to undertake new projects and perhaps invest in new businesses, but the Supor management would stay in place. Teh family would retain a 12.5 per cent holding. SEB International will retain Supor’s stock market free float at 16 per cent. The SEB spokesperson said there were no plans to make any further changes in the capital structure and has no intention of delisting. According to the Supor website (English), the Hangzhou-based company has 7,000 employees (against SEB’s 23,000). Founded in 1994, its first success was with a pressure cooker. It claims top position in China’s cookware industry. The deal has been approved by the Supor board and is pending shareholder approval. The deal also needs approval from the China Ministry of Commerce and the China Securities Regulatory Commission. T-fal Krups Rowenta All-clad Published on 20 - December - 2011 inShare0 Groupe SEB buys stake in Indian appliance firm The French electrical appliances and cookware giant Groupe SEB has acquired a 55% stake in Maharaja Appliances, an Indian producer of small electricals. Groupe SEB buys stake in Indian appliance firm The deal will give Groupe SEB a foothold in the Indian market Groupe SEB, whose brands include Tefal, Rowenta, Krups and Moulinex, said that the deal - the terms of which are undisclosed - would give the company "a foothold in India's small electrical appliances market". Maharaja's product offer covers food prep lines, kettles, toasters, irons and heaters, all sold under the Whiteline brand. It is also a major OEM (original equipment manufacturer) supplier to brands including Tefal, Philips and Electrolux. In the year to March 2011 it had sales of €21m. http://www.housewareslive.net http://www.judgecookware.co.uk http://www.maharajawhiteline.com/contactus.html http://www.penedo.ind.br/ http://www.rowenta.com/ http://www.supor.com.cn/en/ http://www.panex.com.br/ http://www.quatvietnam.com.vn/v1/index.php http://www.all-clad.com/tools/worldwide/WorldWideSearch http://www.arno.com.br/ seb group and Companies it owns http://www.groupeseb.com/sites/default/files/dossiers/Fr/actualites/groupe-seb-en-bref/Abr%C3%A9g%C3%A9%20Groupe%20SEB_UK.pdf seb group and Companies it owns http://www.groupeseb.com/