Announced
Completed
Synopsis
Kartesia, a European private credit firm, completed the acquisition of International Cookware, which designs, manufactures and distributes cookware equipment, from Aurora Resurgence, a private equity firm, for $65m. “The International Cookware Group is one of the most iconic French manufacturing companies. Having developed real technical expertise in developing high-quality products and a history of new product development has allowed the group to continuously increase its market share. We are delighted to accompany the group in this new development phase, alongside a highly competent and experienced management team which would become a key shareholder of the group through the transaction. More specifically, working together to in this transaction will enable the group to face the highly unusual current health and economic environment with greater security,” Damien Scaillierez, Kartesia Managing Partner.
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