Bredin Prat advises SEB SA in connection with the sale by Peugeot Invest of its stake in Groupe SEB

Bredin Prat is advising SEB SA in connection with the sale by Peugeot Invest, an investment company majority-owned by the Peugeot family, of its approximately 4% stake in Groupe SEB, which specialises in small electrical appliances and cookware.

The transaction consisted in an institutional private placement by way of an accelerated book-building process, at a price of €106 per share.

Following this transaction, Peugeot Invest no longer holds any stake in Groupe SEB and will no longer be represented in the company’s governance.

The Bredin Prat team advising SEB SA comprised Benjamin Kanovitch and Sophie Cornette de Saint Cyr (partners) and Marwa Snoussi.