Groupe SEB will acquire Emsa


SebEmsaGroupe Seb has signed an agreement to acquire Emsa company. The acquisition, submitted to approval of the German and Austrian competition authorities, should be finalized in the coming weeks. German-based Emsa, founded in 1949, designs, manufactures and sells kitchen tools and accessories. The company’s core business is focused on three categories: thermo jugs and carafes; kitchen utensils; and food storage containers. Production is carried out at three industrial sites in Germany, China and Vietnam.