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Kaufman & Broad S.A.

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Kaufman & Broad SA
TypeSociété anonyme
Euronext Paris: KOF
CAC Small
SIREN code: 702 022 724
ISINFR0004007813
IndustryReal estate development
Construction
Founded1968 (1968)
HeadquartersNeuilly-sur-Seine, France[1] (officially registered as Courbevoie, France)
Key peopleGuy 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]

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]

History

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The 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

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Kaufman & 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

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The current president of Kaufman & Broad S.A. is Guy Nafilyan.

Shareholders' structure

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This is the shareholders' structure reported by the company as of 30 November 2011:[2]

ShareholderNumber of sharesPercentage
Financière Gaillon 8 and companies held by the funds from PAI Partners19,133,74688.65%
Kaufman & Broad278,1091.29%
Public1,983,8069.19%
Employees188,9970.88%

References

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  1. 1 2 3 4 "Company Description: kaufman & broad sa". businessweek.com. BusinessWeek. Retrieved 25 September 2012.{{cite web}}: CS1 maint: deprecated archival service (link)
  2. 1 2 3 4 5 "2011 Registration Document" (PDF). Kaufman & Broad. Retrieved 25 September 2012.[dead link]
  3. ↑ "KB Home agrees to sell French division". Los Angeles Times. 24 May 2007. Retrieved 26 September 2012.
  4. ↑ "Sarkozy, Royal Campaign Pledges May Lift French Building Stocks". Bloomberg.com. 27 March 2007.
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