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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Sugar & Confectionery > Worms & Cie

Worms & Cie
 PROFILE
Worms & Cie twists and turns in many directions. Its two primary interests are sugar processor Saint Louis Sucre (through its 47% ownership of FinanciEre Franklin Roosevelt) and wholly owned paper manufacturer and distributor Arjo Wiggins Appleton. The company also runs international funds management firm Permal Group and owns a 4% stake in French food producer Groupe Danone. Avoiding a hostile takeover by conglomerateur Francois Pinault in 1997, Worms & Cie was acquired by Italian holding company Groupe Ifil (which has a stake of slightly more than 50%) and French insurer Assurances Générales de France, which owns 15%. The Worms family retains a 24% stake in the company.

 COMPETITION
CSM nv (CSM)
International Paper Company (IP)
Südzucker AG (SZU)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,311.60
1-Yr. Sales Growth: (12.9)%
Employees: 33
Revenue per employee: $160,957,575.76

 KEY PEOPLE
• Dominique Auburtin
    CEO
• Ferruccio Luppi
    CFO

 CONTACT INFO
25, avenue Franklin D. Roosevelt
75008 Paris, France
Phone: 33-1-56-88-78-00
Fax: 33-1-56-88-78-77
Online: Web Site

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