M&A Deal Summary

Equistone Acquires KWC Group

On March 2, 2021, private equity firm Equistone acquired consumer products company KWC Group from Franke Holding AG

Acquisition Highlights
  • This is Equistone’s 14th transaction in the Consumer Products sector.
  • This is Equistone’s 7th transaction in Switzerland.

M&A Deal Summary

Date 2021-03-02
Target KWC Group
Sector Consumer Products
Buyer(s) Equistone
Sellers(s) Franke Holding AG
Deal Type Divestiture

Target

KWC Group

Unterkulm, Switzerland
KWC Group is a designer and manufacturer of fittings and accessories for residential and commercial kitchens, bathrooms and washrooms. KWC Group, formerly a division of Franke Group, is made up of three segments KWC Home, Professional and Medical. KWC Group has an extensive distributor network and employs people across its six production facilities, R&D centers and sales offices in Switzerland, China, United Arab Emirates, Germany, Finland and the UK.

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Buyer(S) 1

Buyer

Equistone

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 9.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Equistone is a private equity firm that invests in small to mid-sized companies valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, recapitalizations, and take privates. Equistone was formed in 1997 and is based in London, England.


DEAL STATS #
Overall 240 of 255
Sector (Consumer Products) 14 of 14
Type (Divestiture) 14 of 15
Country (Switzerland) 7 of 8
Year (2021) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 Photonis

Brive, France

Photonis is a designer and manufacturer of optronic components for photosensor technology and night vision systems. Photonis operates in the defense, homeland security, scientific instrumentation, and medical imaging markets. Photonis was founded in 1937 and is based in Brive, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 Oikos Group

Protaras, Cyprus

OIKOS GROUP is a Real Estate- Developing company dedicated to Exclusive Beachfront Properties. Oikos Group has been carrying out everything promised with ethos and dignity. Oikos Group with the experience of more than 50 projects for the last 10 years, continues to rise by creating unique projects for unique people in Prime Locations.

Sell -

Seller(S) 1

SELLER

Franke Holding AG

Aarburg, Switzerland

Category Company
Founded 1911
Sector Building Materials
DESCRIPTION

Franke Holding AG is a provider of products and solutions for residential kitchens and bathrooms, professional foodservice, coffee preparation and semi-/public washrooms. Franke Holding AG was established in 1911 and is based in Aarburg, Switzerland.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 1 of 1
Type (Divestiture) 2 of 2
Country (Switzerland) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-22 Easi-Serv Products

Burnaby, British Columbia, Canada

Easi-Serv Products, Inc. is a designer and manufacturer of custom-tailored window solutions. Easi-Serv Products, Inc. was founded in 1987 and is based in Burnaby, British Columbia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-03 Nokite

Guangdong, China

Nokite engages in design, production and sales of stainless-steel faucet and accessories for kitchen and bathroom, applying highest quality standard. Nokite was founded in 2000 and is based in Guangdong, China.

Buy -