KPS to sell WWRD to Fiskars for $437 mln

Fiskars Corp. said Monday it agreed to buy the WWRD group of companies and its portfolio of luxury home and lifestyle brands, which include Waterford, Wedgwood, Royal Doulton, Royal Albert and Rogaška. The seller is KPS Capital Partners. The $437 million purchase price is subject to a post completion adjustment based upon the level of net working capital and cash and debt in the acquired business on a closing date.

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