Kaufman & Broad S.A.

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
TypeSociété anonyme
Euronext: KOF
CAC Mid 60 Component
IndustryReal estate development
Construction
Founded1968 (1968)
Headquarters
Neuilly-sur-Seine
,
France[1]
Key people
Guy Nafilyan
(Chairman and CEO)
Revenue€1.04 billion (2011)[2]
€89.85 million (2011)[2]
€57.49 million (2011)[2]
Total assets537.82 million (2011)[2]

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%

References
  1. "Company Description: kaufman & broad sa". businessweek.com. BusinessWeek. Retrieved 25 September 2012.
  2. "2011 Registration Document" (PDF). Kaufman & Broad. Retrieved 25 September 2012.
  3. "KB Home agrees to sell French division". latimes.com. 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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