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Fimalac is no longer flirting with change. The company has stepped away from its manufacturing businesses in favor of financial services. Fimalac provides risk management and international credit ratings through its 80%-held subsidiaries Algorithmics and Fitch Ratings. Fimalac sold its Facom subsidiary (manufacturer of hand tools and garage equipment) to The Stanley Works in 2006 for more than $485 million. Fimalac's focus on financial services has shifted its revenue base from Europe to North America. A shareholders' group led by Fimalac president Marc Ladreit de Lacharrière owns about 80% of the company and controls about 80% of its voting rights.
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| | | Contact Information | |
Address: |
97 rue de Lille
75007 Paris, France
| | Phone: | +33-1-47-53-61-50 | | Fax: | +33-1-45-53-61-57 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 1062.30 M |
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Key People
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Chairman and CEO:
Marc Ladreit de Lacharrière
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