title: Kaufman & Broad S.A.
text: # Kaufman & Broad S.A.
  
  Kaufman & Broad is a publicly traded real estate development and construction company headquartered in Neuilly-sur-Seine, France. It was a subsidiary of the American homebuilding company KB Home until May 2007, when it was sold to the private equity firm PAI Partners for 601 million euros (812 million dollars). It is Paris's largest homebuilder.
  
  ## History
  
  The company was created in 1968 and delivered its first homes in 1970. After a series of acquisitions Kaufman & Broad S.A. was listed on the Paris Bourse in 2000. Kaufman & Broad sold homes in 1968; they had a development called Peppertree in Northridge, CA, that year.
  
  ## Activities
  
  Kaufman & Broad is a developer and constructor in a number of real estate sectors, including single-family homes, apartments, accommodations and office spaces. It operates through its many subsidiaries.
  
  ## Direction
  
  The current president of Kaufman & Broad S.A. is Guy Nafilyan.
  
  ## Shareholders' structure
  
  This is the shareholders' structure reported by the company as of 30 November 2011:
  
  | Shareholder | Number of shares | Percentage |
  | - | - | - |
  | Financière Gaillon 8 and companies held by the funds from PAI Partners | 19,133,746 | 88.65% |
  | Kaufman & Broad | 278,109 | 1.29% |
  | Public | 1,983,806 | 9.19% |
  | Employees | 188,997 | 0.88% |
  