# Groupe SEB to build €60M professional equipment hub in Shaoxing, China

Groupe SEB announced the construction of its first Professional Equipment Hub in Shaoxing, China, with a €60 million investment. The hub will include R&D centers, purchasing offices, and manufacturing facilities for professional coffee equipment and other categories, expected to be operational by 2025.

- Type: New facility
- Announced: 2024-01-29
- Where: Shaoxing, Zhejiang Province, China, China
- Value: $65.0M (60.0M EUR)
- Starts operating: 2025
- Status: announced
- Products: professional coffee equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Groupe SEB](https://endata.com/companies/62917.md)

## Sources

- [groupeseb.com](https://www.groupeseb.com/en/news/groupe-seb-unveils-groundbreaking-professional-equipment-hub-shaoxing-china-major-leap-toward), 2024-01-29: "We aim to become a reference player in the Professional Equipment market, relying on the development model deployed over the last twenty years in the Consumer sector, which has allowed us to strengthen our leadership in Professional Coffee."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.