Kaufman & Broad S.A.

Last updated
Kaufman & Broad SA
Type Société anonyme
Euronext Paris:  KOF
CAC Mid 60 Component
ISIN FR0004007813
Industry Real estate development
Construction
Founded1968 (1968)
Headquarters,
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]

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]

Contents

History

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

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

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

Shareholders' structure

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%

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References

  1. 1 2 3 4 "Company Description: kaufman & broad sa". businessweek.com. BusinessWeek . Retrieved 25 September 2012.
  2. 1 2 3 4 5 "2011 Registration Document" (PDF). Kaufman & Broad. Retrieved 25 September 2012.
  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.