ONE GLOBAL GROUP
Somfy operates in 59 countries and is the world leader in automatic controls for openings and closures in homes and buildings. It offers a range of motorized solutions and control points and is a key player in smart home systems.
12/03/2024
La Fondation Somfy
Organization
22/01/2018
Commitment
Finance
News & media
27/05/2020
Somfy sells Devianne
29/09/2005Somfy sells Devianne
Further to its putting up for sale announced on April 1st, 2005, Somfy SA has sold, on September 29th, the totality of its holding in Devianne to a pool of financial investors leaded by Masséna Group. Somfy became shareholder of Devianne in July 2002, when the branches of activity Damart and Somfy became two separately listed companies.
Devianne operates 36 clothing stores, with an average floor space of 900m2, mainly located in the North, East and West of France. Its sales reached 61M€ in 2004.
Joël Toulemonde, President and Managing Director of Devianne Group since 1999, is participating to the LBO and is maintained in his functions.
September 29th, 2005
Somfy has been advised by Societex agency in this operation.
Societex agency : Christian Tachon – Tel : 04 72 59 10 40
Contacts :
Shan : François-Xavier Dupont – Tel : 01 44 50 58 74
Somfy : Nicolas Duchemin – Tel : 04 50 40 48 49
Groupe Masséna : Valérie Guillen – Tel : 01 53 70 07 00
Devianne: Joël Toulemonde – Tel : 01 53 70 07 00
Devianne : Joël Toulemonde – Tel : 03 20 65 70 70
Note
Somfy is the world leader in motors and controls for openings and closures in homes and buildings. These concern mainly residential openings (roller shutters), solar protection (awnings), interior coverings (curtains and blinds) and garage doors and gates.