Announced
Completed
Synopsis
Kohler, a privately held company that designs and manufactures kitchen and bath products, completed the acquisition of KLAFS, a Germany-based manufacturer of saunas, steam rooms, and other hydrothermal, from Egeria, an independent pan-European investment company. Financial terms were not disclosed. “As a privately held, global company celebrating our 150th anniversary, Kohler has always embraced a relentless pursuit of providing exceptional products, services, and experiences for our customers. KLAFS is an international market leader with a stellar reputation that shares our passion for innovation and delighting customers. We look forward to welcoming the KLAFS organization to Kohler and, together, driving continued growth in sauna and spa solutions,” David Kohler, Kohler Chair and CEO.
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