Announced
Completed
Synopsis
Paini, a company that designs and manufactures building furnishing products, completed the acquisition of home division from Equistone-backed KWC Group, a manufacturer and system provider for sanitary room fittings, taps and water management systems. Financial terms were not disclosed. “KWC Home is excellently positioned in the market. With Paini we have found the ideal new partner for KWC Home to continue the growth trajectory that we have initiated and to further develop KWC as a traditional brand in the future," David Zahnd, Equistone Partner.
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