KPS Completes Waterford Wedgwood Purchase
KPS Capital Partners has completed its acquisition of certain assets of luxury tableware maker Waterford Wedgwood. No financial terms were disclosed for the deal, which included assets within Waterford Crystal, the pottery business Wedgwood and fine china maker Royal Doulton. Not included were either German porcelain maker Rosenthal or the company’s production facilities at its Waterford crystal plant in Ireland.KPS also announced that the company would be led by Pierre de Villemejane, former CEO of Speedline Technologies -- a KPS portfolio company sold to Illinois Tool Works.
27 March 2009•4 mins read
