LONDON — 03 March 2017 — Keter Group, a BC Partners' portfolio company and one of the world's leading manufacturers and marketers of quality resin-based household and garden consumer products, has today completed the acquisition of ABM Italia, a manufacturer of resin storage systems, from Italian private equity fund Clessidra.
Headquartered in Israel, Keter Group designs, engineers, produces and distributes a wide range of consumer goods worldwide across multiple categories (e.g. indoor and outdoor furniture, home accessories, hardware products). These are sold globally through a distribution network of over 25,000 retail outlets, with the company enjoying strong ties to top retailers in all its markets.
Funds advised by BC Partners acquired Keter Group from the Sagol Family in October 2016.
Keter Group is one of the world's leading manufacturers and marketers of quality resin-based household and garden consumer products, which are sold in 90 countries and found in more than 25,000 retail outlets worldwide. With a focus on innovation driven by consumer insight, Keter provides an impressive range of furniture, storage and organization solutions. Each and every Keter product is thoughtfully engineered to combine the durability of resin, attractive design and unparalleled functionality. Our ongoing commitment to simplify and enhance the daily lives of consumers has been key to our global success.
BC Partners is a leading international private equity firm with over €13 billion of assets under management. Established in 1986, BC Partners has played an active role in developing the European buy-out market for nearly three decades. BC Partners executives operate as an integrated team through the firm's offices in Europe and North America, acquiring and developing businesses to create value in partnership with management. Since inception, BC Partners has completed 93 investments in companies with a total enterprise value of €115 billion.