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
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]
External links
References
- Company Description: kaufman & broad sa businessweek.com, BusinessWeek, retrieved 25 September 2012^
- 2011 Registration Document Kaufman & Broad, retrieved 25 September 2012^
- KB Home agrees to sell French division Los Angeles Times, 24 May 2007, retrieved 26 September 2012^
- Sarkozy, Royal Campaign Pledges May Lift French Building Stocks Bloomberg.com, 27 March 2007^