Target Company
Elba S.p.A.
Fisher & Paykel Appliances Holdings Ltd.

Client Description:

Elba manufactures branded high-end cooking appliances and related components with total revenues of €83.9 million at an EBITDA margin of more than 11%.  This acquisition provides FPA with a platform to achieve significant presence in Europe while pursuing its aggressive external growth strategy further to the U.S. investment in DCS Appliances in 2004.