Kaufman & Broad is a publicly traded real estate development and construction company headquartered in Neuilly-sur-Seine, France.[1] It was a subsidiary of the American homebuilding company KB Home until May 2007, when it was sold to the private equity firm PAI Partners for 601 million euros (812 million dollars).[3] It is Paris's largest homebuilder.[4]
 | |
| Company type | Société anonyme |
|---|---|
| Euronext Paris: KOF
CAC Mid 60 Component SIREN code: 702 022 724 | |
| ISIN | FR0004007813 |
| Industry | Real estate development Construction |
| Founded | 1968 |
| Headquarters | Neuilly-sur-Seine, France[1] (officially registered as Courbevoie, France) |
Key people | Guy Nafilyan (Chairman and CEO) |
| Revenue | €1.04 billion (2011)[2] |
| €89.85 million (2011)[2] | |
| €57.49 million (2011)[2] | |
| Total assets | €537.82 million (2011)[2] |
History
editThe company was created in 1968[1] and delivered its first homes in 1970. After a series of acquisitions Kaufman & Broad S.A. was listed on the Paris Bourse in 2000. Kaufman & Broad sold homes in 1968; they had a development called Peppertree in Northridge, CA, that year.
Activities
editKaufman & Broad is a developer and constructor in a number of real estate sectors, including single-family homes, apartments, accommodations and office spaces. It operates through its many subsidiaries.[1]
Direction
editThe current president of Kaufman & Broad S.A. is Guy Nafilyan.
Shareholders' structure
editThis is the shareholders' structure reported by the company as of 30 November 2011:[2]
| Shareholder | Number of shares | Percentage |
|---|---|---|
| Financière Gaillon 8 and companies held by the funds from PAI Partners | 19,133,746 | 88.65% |
| Kaufman & Broad | 278,109 | 1.29% |
| Public | 1,983,806 | 9.19% |
| Employees | 188,997 | 0.88% |
References
edit- ^ a b c d "Company Description: kaufman & broad sa". businessweek.com. BusinessWeek. Archived from the original on January 18, 2013. Retrieved 25 September 2012.
- ^ a b c d e "2011 Registration Document" (PDF). Kaufman & Broad. Retrieved 25 September 2012.[dead link]
- ^ "KB Home agrees to sell French division". Los Angeles Times. 24 May 2007. Retrieved 26 September 2012.
- ^ "Sarkozy, Royal Campaign Pledges May Lift French Building Stocks". Bloomberg.com. 27 March 2007.
External links
edit
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