Syveco was set up in 2006 and in 2019 accounted for 38% of the group’s export turnover.
Sodeco Valves and FGinox brought 33% of our international business, the rest coming from our other subsidiaries.
In 2019, the portion of our export activity as a whole increased from 17.9% to 19.2%.
It could drop slightly in 2020 because of external growth in the French market (Distrilabo and possibly Thermacome).
Syveco (formerly called Thermador International) delivers wide ranges of products perfectly suited to market needs to wholesalers from our main stock in Saint-Quentin-Fallavier and to short deadlines. Progress with logistics and shortening in delivery times have simply pushed back our borders, since we are now able to deliver the whole of Europe in 2-6 days. For our African customers, orders are submitted in full and immediately to forwarding agents who ship the merchandise in two or three weeks to the markets concerned.
Sodeco Valves, whose head office is in Belgium, delivers in 24-48 hours to its industrial customers, mainly in Belgium, Holland, Germany and Switzerland (there is a commercial company in each country, with local sales staff).
FGinox has an export department and sells its ranges of stainless steel connectors to industrial customers and specialised wholesalers in Europe and Africa.
Ets Edouard Rousseau has a sales subsidiary in Spain which stocks and distributes tap ranges for DIY superstores in that country.
Our future potential growth margin is immense, judging by the current and future needs of high-development-potential countries and commercial synergies that are gradually emerging between the different subsidiaries concerned.