KPS Capital has acquired Winoa, a French maker of steel abrasives for the transportation, equipment, energy and construction sectors. No financial terms were disclosed.
KPS Capital Partners, LP through a newly-formed affiliate, has acquired WHA Holding SAS.
Winoa is the leading global manufacturer of steel abrasives serving the transportation, equipment, energy and construction industries. Headquartered in Le Cheylas, France, Winoa employs over 1,000 people and operates 11 manufacturing facilities located in France, Spain, Canada, South Korea, United States, Japan, Slovenia, Brazil, Thailand, South Africa and Russia.
KPS CAPITAL PARTNERS, LP
A middle market private equity limited partnership focused on constructive investing in highly complex corporate carve-out transactions, restructurings, turnarounds, and other special situations.