Equistone makes partial exit from KWC

Private Equity Wire

Equistone has made a partial exit from portfolio company KWC Group, a designer and manufacturer of fittings and accessories for kitchens and bathrooms, having sold the firm’s home division, KWC Home, to Italian sanitary specialist Paini.

Details of the transaction are undisclosed.

KWC Group was acquired by Equistone in 2021 and will continue serving a customer base of airports, shopping centres, schools, hotels, sports and leisure facilities, hospitals and retirement homes, through its remaining KWC Professional and OEM divisions.

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