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Saturday 02 November 2024
  • DVG De Vecchi
  • La Cimbali

WMF on sale for US$1.7 billion

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MILAN – U.S.-based private equity firm KKR has started the sale of coffee machine maker WMF attracting several potential bidders including household appliances makers and private equity groups. Italy’s De’Longhi, as well as France’s Groupe SEB, which owns the Moulinex brand, will bid according to sources familiar with the matter.

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