Groupe SEB Announces the Acquisition of Pacojet, the Must-have Cooking Appliance for Chefs

Acquisitions

Summary

Founded in 1992, Pacojet is a Swiss company that has developed a unique emulsifier that can make ice creams, sorbets, sauces, mousses, fillings, purées and much more in less than 90 seconds. The global chef driven success story attributed with Pacojet lead to the neologism of "pacotizing" respectively pacossage®; today a registered trademark referencing the unique process associated with using the Pacojet to process frozen food into ultra-smooth textures to achieve signature dishes consistently. With the acquisition of Pacojet, Groupe SEBs professional activity is thus enriched by a complementary offer of an iconic brand and products that meet the strong development ambitions in this segment. - Founded in 1992 in Switzerland and based in Zug (Switzerland) - 24 M€ in revenues by 2022 - Present in more than 60 countries worldwide, 90% of the turnover from exports - 40 employees - Products: Pacojet 2+, Pacojet 4, accessories - Worldwide patents and models registered World reference in small domestic equipment, Groupe SEB operates with a unique portfolio of 33 top brands including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, marketed through multi-format retailing. Selling nearly 350 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness, and client service.

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