KWC Group, backed by Equistone Partners Europe, has recently divested its home division to Paini S.p.A. Rubinetterie, an Italian sanitary specialist. The deal will unite KWC’s home division with its long-time partner under one ownership and continue their collaborative partnership. KWC, a former Franke Water Systems unit, is known for its high-quality production of sanitary fittings and water management systems. Equistone acquired a majority stake in KWC in April 2021, and since then has supported the restructuring and growth of its home business, making it a market leader in Switzerland and expanding its footprint in Germany. The sale follows the successful divestment of KWC’s medical division to the Alumbra Group in January 2024. With about 1,000 employees globally, KWC targets a diverse customer base across private, semi-public, and public infrastructures. The strategic sale aims to focus future investments towards the KWC Group’s Professional division, which is primed for further growth, and allows KWC Home to scale new heights with Paini’s support. The Equistone team, led by Stefan Maser, David Zahnd, and Roman E. Hegglin, engaged DC Advisory for M&A advisory, Br & Karrer for legal services, and KPMG for financial advisory, to facilitate the transaction. Financial details of the deal remain undisclosed.

Private Equity, Manufacturing, Professional Services,Switzerland, Italy, Germany

https://www.equistonepe.com/newsdetail/partial-sale-of-equistone-portfolio-company-kwc-group-sells-its-home-division-to-sanitary-specialist-paini/707