The Kohler Company has announced the acquisition of a German spa manufacturer.
Kohler and the Egeria Group came to an agreement on December 1st for the Sheboygan County company to acquire KLAFS, a deal that is expected to be finalized early in 2024.
While the terms of the deal were not announced, we do know that the CEO, Phillip Rock, and CFO, Jens Friedrich, will stay with the company in leadership roles.
When the deal is finalized, KLAFS will become part of Kohler’s Luxury Brands division.
KLAFS is a major operation, employing an estimated 850 associates across eight countries, including Germany, the U.K., and Mexico.
