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Foodservice

Groupe SEB to Acquire Wilbur Curtis

Expects deal for coffee equipment manufacturer to close in February
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ECULLY, France -- Groupe SEB, a French conglomerate of small appliance and cookware manufacturers, is poised to acquire Wilbur Curtis, one of the biggest names in coffee and tea brewing equipment. The move follows SEB’s continued expansion into the commercial coffee industry.

The Ecully, France-based company has yet to disclose the terms of the transaction. It expects the deal to close in February.

Since its founding in 1941, Montebello, Calif.-based Wilbur Curtis has grown its sales to more than $90 million, employing 300 workers. The company manufactures equipment for foodservice operators in the coffeehouse, restaurant, hotel and convenience-store industries.  

Although SEB might not be a household name in the U.S. foodservice market, the company’s portfolio includes well-known international brands such as All-Clad, Tefal and Krups.

SEB has focused on growing its presence in the professional coffee space since acquiring WMF, a German espresso machine manufacturer, in 2016.

“As a specialist in filter coffee machines in the United States, Wilbur Curtis represents for the group—that is already present on this market with Schaerer and WMF full-automatic espresso machines—a very valuable strategic complement to its product offering and customer portfolio,” said Thierry de La Tour d’Artaise, chairman and CEO of Groupe SEB. “As a result, Groupe SEB becomes one of the leaders in the professional coffee business in the United States.”

Groupe SEB sells about 300 million products each year. It operates in nearly 150 countries and has approximately 33,000 employees.

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