Platinum Equity, an American private equity investment firm, agreed to acquire Kohler Energy, a company that specializes in distributed energy solutions, from Kohler, an American manufacturing company. Financial terms were not disclosed. "Today we took a bold and strategic move for the future of our company. Over the last 150 years, Kohler has embraced a relentless pursuit of providing exceptional products, services, and experiences for our customers. This important moment in our journey signifies our commitment to deepening the focus and investment in Kohler's Kitchen & Bath and Hospitality businesses and continuing to drive growth within our respective industries. The timing is right due to the strength of the Energy business, which is driven by world-class products manufactured and sold by highly skilled associates. I look forward to supporting the Energy business through our continued investment along with my role on the board following the closing," David Kohler, Kohler Chair and CEO.