Fimalac

97 rue de Lille
75007 Paris, France (Map)
Phone: +33-1-47-53-61-50
Fax: +33-1-45-53-61-57
Primary US Office:
Subscribers Only
http://www.fimalac.fr

Overview

Fimalac is no longer flirting with change. The company has stepped away from its manufacturing businesses in favor of financial services after selling Facom, a manufacturer of hand tools and garage equipment, to what is now Stanley Black & Decker for more than $485 million in 2006. Fimalac now provides risk management and international credit ratings through its majority-held subsidiary Fitch Ratings. Other holdings include London property firm North Colonnade and investment arm Fimalac Developpement. In 2011 the firm sold its stake in Algorithmics to IBM for $387 million. A shareholders' group led by CEO Marc Ladreit de Lacharrière owns about 80% of the company and controls about 80% of its voting rights.

Key Numbers from Hoover's UK

Key financials for Fimalac

Company Type Public (Euronext Paris: FIM)
Fiscal Year-End December#
2010 Sales (mil.) £524.2
1-Year Sales Growth 1.6%
2010 Net Income (mil.) £50.7
1-Year Net Income Growth 46.1%
2010 Employees 3,073
1-Year Employee Growth 1.2%
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Key People from Hoover's UK

Key people and executives for Fimalac

Chairman and CEO Marc Ladreit de Lacharrière
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Industry Information from Hoover's UK

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Subsidiaries/affiliates of Fimalac

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