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]

Kaufman & Broad SA
Company typeSociété anonyme
Euronext ParisKOF
CAC Mid 60 Component
ISINFR0004007813
IndustryReal 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]

History edit

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 edit

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 edit

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

Shareholders' structure edit

This 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

  1. ^ a b c d "Company Description: kaufman & broad sa". businessweek.com. BusinessWeek. Archived from the original on January 18, 2013. Retrieved 25 September 2012.
  2. ^ a b c d e "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.

External links edit