Zurich\/ Unter\u00adkulm \u2014 The KWC Group, premium specia\u00adlist for sani\u00adtary room equip\u00adment, fittings and water manage\u00adment systems and part of the Equis\u00adtone Funds port\u00adfo\u00adlio since 2021, is selling its OEM divi\u00adsion, Nokite EcoSmart Water Heating Systems (Guang\u00addong) Co. (\u201cNokite\u201d), to the Swiss Franke Group. KWC is thus successfully reali\u00adzing the final step in its stra\u00adte\u00adgic focus on the core area of profes\u00adsio\u00adnal sani\u00adtary room equip\u00adment, which is aimed in parti\u00adcu\u00adlar at (semi-)public faci\u00adli\u00adties and busi\u00adnesses. Supported by the Equis\u00adtone funds as majo\u00adrity share\u00adhol\u00adder, KWC intends to further exploit the high market poten\u00adtial in this area and expand the busi\u00adness with full concen\u00adtra\u00adtion. Funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe acqui\u00adred a majo\u00adrity stake in KWC Group in April 2021. As part of its new stra\u00adte\u00adgic focus, the KWC Group successfully sold its KWC Medi\u00adcal divi\u00adsion with products for the medi\u00adcal sector to the Alum\u00adbra Group in Janu\u00adary 2024. This was follo\u00adwed in summer 2024 by the sale of the Home divi\u00adsion with its high-quality bath\u00adroom and kitchen fittings for the private sector to the Italian sani\u00adtary specia\u00adlist Paini. <\/p>\n
With around 150 employees, Nokite is a leading manu\u00adfac\u00adtu\u00adrer of high-quality private label kitchen fittings, which deli\u00advers world\u00adwide from China and acts as a high-quality OEM supplier.<\/strong> Follo\u00adwing the successful sale to the Franke Group, Nokite will now be inte\u00adgra\u00adted into the busi\u00adness divi\u00adsion of the leading inter\u00adna\u00adtio\u00adnal supplier of kitchen equip\u00adment, appli\u00adances and access\u00adories, which is aimed in parti\u00adcu\u00adlar at private end custo\u00admers. In future, KWC will focus on the profes\u00adsio\u00adnal busi\u00adness, which serves (semi-)public insti\u00adtu\u00adti\u00adons such as airports, shop\u00adping centers, schools, sports and leisure faci\u00adli\u00adties as well as hospi\u00adtals and secu\u00adrity faci\u00adli\u00adties. The company has loca\u00adti\u00adons in Switz\u00ader\u00adland, Germany, the UK, Austria, Finland and the Middle East and curr\u00adently employs around 400 people. Marten van der Mei, CEO of the KWC Group, and Viktor Bern\u00adhardt, CFO, empha\u00adsize the stra\u00adte\u00adgic importance of this step: \u201cThe sale of the inde\u00adpen\u00addent OEM divi\u00adsion enables us to focus our resour\u00adces and exper\u00adtise enti\u00adrely on the successful profes\u00adsio\u00adnal busi\u00adness. This area offers enorm\u00adous market poten\u00adtial and we want to further expand our posi\u00adtion as a leading provi\u00adder for (semi-)public insti\u00adtu\u00adti\u00adons with inno\u00adva\u00adtive solu\u00adti\u00adons and the highest quality.\u201d David Zahnd, Part\u00adner at Equis\u00adtone, empha\u00adsi\u00adzes: \u201cWith the sale of Nokite, KWC has successfully comple\u00adted its stra\u00adte\u00adgic realignment and can now fully focus on expan\u00adding the profi\u00adta\u00adble growth of the Profes\u00adsio\u00adnal busi\u00adness.\u201d On the Equis\u00adtone side, Stefan Maser, David Zahnd and Roman E. Hegglin were invol\u00adved in an advi\u00adsory capacity. <\/p>\n Advi\u00adsor Equistone:<\/strong> Since its foun\u00adda\u00adtion in 2002, the funds have inves\u00adted equity in more than 180 tran\u00adsac\u00adtions. More infor\u00adma\u00adtion at www.equistonepe.com.<\/p>\n","protected":false},"excerpt":{"rendered":" Zurich\/ Unter\u00adkulm \u2014 The KWC Group, premium specia\u00adlist for sani\u00adtary room equip\u00adment, fittings and water manage\u00adment systems and part of the Equis\u00adtone Funds port\u00adfo\u00adlio since 2021, is selling its OEM divi\u00adsion, Nokite EcoSmart Water Heating Systems (Guang\u00addong) Co. (\u201cNokite\u201d), to the Swiss Franke Group. KWC is thus successfully reali\u00adzing the final step in its strategic [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":53592,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1371],"tags":[],"class_list":["post-53594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-deals-en"],"yoast_head":"\n
\nDC Advi\u00adsory<\/strong> (M&A) and B\u00e4r & Karrer<\/strong> (Legal & Tax). About Equis\u00adtone Part\u00adners Europe
\n<\/strong>
\n The funds advi\u00adsed by Equis\u00adtone Part\u00adners Europe are among the most active Euro\u00adpean equity inves\u00adtors with an expe\u00adri\u00aden\u00adced invest\u00adment team opera\u00adting across Europe in a total of seven offices in Germany, Switz\u00ader\u00adland, the Nether\u00adlands, France and the UK. The Equis\u00adtone funds prima\u00adrily invest in estab\u00adlished medium-sized compa\u00adnies with a good market posi\u00adtion, above-average growth poten\u00adtial and an enter\u00adprise value of between EUR 50 and 500 million.<\/p>\n