Description 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 what is now Stanley Black & Decker for more than $485 million in 2006. Fimalac now provides risk management and international credit ratings through its majority-held subsidiary Fitch Ratings. Other holdings include London property firm North Colonnade and investment arm Fimalac Developpement. In 2011 the firm sold its stake in Algorithmics to IBM for $387 million. A shareholders' group led by CEO Marc Ladreit de Lacharrière owns about 80% of the company and controls about 80% of its voting rights.