M&A Deal Summary

Franke Holding AG Acquires Nokite

On December 3, 2024, Franke Holding AG acquired consumer products company Nokite from KWC Group

Acquisition Highlights
  • This is Franke Holding AG’s 1st transaction in the Consumer Products sector.
  • This is Franke Holding AG’s 1st transaction in China.

M&A Deal Summary

Date 2024-12-03
Target Nokite
Sector Consumer Products
Buyer(s) Franke Holding AG
Sellers(s) KWC Group
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

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 3 of 3
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 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 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. KWC Group is based in Unterkulm, Switzerland.

Sell -

Seller(S) 1

SELLER

KWC Group

Unterkulm, Switzerland

Category Company
Sector Consumer Products
Employees900
Revenue 193M CHF (2020)
DESCRIPTION

KWC Group is a designer and manufacturer of fittings and accessories for residential and commercial kitchens, bathrooms and washrooms. KWC 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. KWC Group is based in Unterkulm, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2024) 1 of 1