Seb has signed an agreement with KKR for the acquisition of WMF in Germany. The company’s product-portfolio includes automatic coffee machines for the professional market segment (37% of sales), cookware which comprises high-end stainless steel articles essentially (56% of sales) and premium tabletop equipment for hotels/restaurants/cruise ships (7% of sales). WMF sells its products under the leading WMF-brand and other brands such as Schaerer in Switzerland (professional coffee machine
