Peugeot Saveurs
Peugeot Saveurs (formerly PSP Peugeot meaning Poivrières Salières Production) is responsible for Peugeot's tableware activities (pepper mills, salt mills, spice mills, and coffee mills wine tasting accessories, cutlery, culinary ceramics). The Peugeot family, through the Établissements Peugeot Frères, is the majority shareholder of the Peugeot Saveurs group. The history of mills and hand tools in the Peugeot saga. In 1725, Jean-Jacques Peugeot had a grain mill on the river Gland in Sous-Cratet, a hamlet dependent on Hérimoncourt. Jean-Pierre and Jean-Frédéric, his descendants, were given permission in 1812 to convert the family mill into  a laminated steel factory. They produced fine steel strips and springs. In 1812, the first Peugeot saws, which they began to manufacture, were awarded a first-class gold medal for their quality and price, a distinction awarded by the Société d'encouragement pour l'industrie nationale. In 1818, a first patent application opened the era of tool manufacturing, and in particular saw manufacturing: the patent covers the cold rolling, hot rolling, annealing, straightening, and flattening of saw blades. Poivrières Salières Production - Peugeot. In 1992, Jean-Claude Fornage managed a factory of the Stanley company in Besançon. Among other things, this company manufactured  the mechanisms of pepper and salt mills. He then redeployed this activity and revived the Peugeot mills. The new company was named PSP, which stands for "Poivrières Salières Production". (At that time, 27% of PSP's capital was held by the Peugeot family holding company). In 1996, the milestone of one million mills sold per year worldwide was passed. In 2007, PSP diversified with the purchase of the company l'Esprit et le Vin (corkscrews and carafes), which in 2014, represented 20% of PSP's business sold in networks of tableware stores and wine shops. The relaunch of the hand tool  business in 2007 led the company into receivership in December 2012. Stripped of this branch, the company relaunched, and a rise in the capital of Établissements Peugeot Frères (EPF, one of the two main holding companies held by the Peugeot family) to 80% took place in April of the same year. Jean-Claude Fornage became a minority shareholder with 17% instead of 70%, with Thierry Mabille de Poncheville, Chief Operating Officer of EPF, replacing him at the head of the Board of Directors. The exit from the receivership situation was pronounced by the Besançon Commercial Court on June 16, 2014 . See also. Coffee grinder Peugeot