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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 after selling Facom, a manufacturer of hand tools and garage equipment, to The Stanley Works in 2006 for more than $485 million. Fimalac now provides risk management and international credit ratings through its majority-held subsidiaries Algorithmics and Fitch Ratings. Its 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 (2008): | 847.80 M | | Revenue Growth (1 yr): | (-20.20%) |
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Key People
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Chairman and CEO:
Marc Ladreit de Lacharrière
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