M&A Deal Summary

Nobia Acquires Rixonway Kitchens

On December 9, 2014, Nobia acquired building materials company Rixonway Kitchens from August Equity for 34M GBP

Acquisition Highlights
  • This is Nobia’s 1st transaction in the Building Materials sector.
  • This is Nobia’s 2nd largest (disclosed) transaction.
  • This is Nobia’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2014-12-09
Target Rixonway Kitchens
Sector Building Materials
Buyer(s) Nobia
Sellers(s) August Equity
Deal Type Add-on Acquisition
Deal Value 34M GBP

Target

Rixonway Kitchens

Dewsbury, West Yorkshire, United Kingdom
Rixonway operates in the social housing market and provides the complete kitchen solution for community regeneration. Rixonway was established in 1979 and is located in Dewsbury, near Leeds. Rixonway is the only UK company completely dedicated to providing kitchens for community regeneration and has over 25 years experience in social housing and the public sector.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Nobia

Stockholm, Sweden

Category Company
Founded 1996
Sector Consumer Products
Employees4,042
Revenue 10.5B SEK (2024)
DESCRIPTION

Nobia is a manufacturer and retailer of kitchen interior products in Europe. The company sells its products directly to consumers and to the construction industry under some 20 different brands such as Marbodal, HTH, Novart, Norema, Poggenpohl, and Magnet. Nobia was formed in 1996 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 3 of 5
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 4
Country: United Kingdom M&A 2 of 4
Year: 2014 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 Gower Furniture

West Yorkshire, United Kingdom

Gower manufactures own label kitchen and bathroom furniture solutions and generates value by utilising economies of scale, leveraging Group competencies on areas such as raw material sourcing.

Buy £36M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-12 Commodore Kitchens

Grays, United Kingdom

Commodore Kitchens Ltd. is a designer, manufacturer and installs mid range kitchens for property developers and house builder clients

Buy -

Seller(S) 1

SELLER

August Equity

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 350M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

August Equity is a private equity firm that provides capital for management buyouts, buy-ins, growth financings, and recapitalizations of small and medium-sized UK-based companies. August Equity targets growth companies with strong cash-flow operating within four sectors. These include healthcare, media/technology, industrial products and services, and consumer products and services. August Equity looks to commit £10 to £50 million per transaction. August Equity was formed in 2001 and is based in London.


DEAL STATS #
Overall 14 of 30
Sector: Building Materials M&A 2 of 2
Type: Add-on Acquisition M&A Deals 6 of 13
Country: United Kingdom M&A 14 of 29
Year: 2014 M&A 2 of 2
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-21 IVC Evidensia

Bristol , United Kingdom

IVC Evidensia is a diversified vet services platform, an extensive network of clinics/hospitals, and comprehensive pet e-commerce and telemedicine offerings. IVC Evidensia was founded in 2011 and is based in Bristol, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Pet Cremation Services

Northamptonshire, United Kingdom

Pet Cremation Services provides a full service covering all needs at this difficult time, including individual cremations and farewell rooms. PCS provides caring and professional pet cremation services throughout the UK.

Buy -