Kartesia has acquired 100% of the share capital of International Cookware Group from Aurora Resurgence.
International Cookware Group designs, manufactures and distributes globally cookware equipment, primarily made of borosilicate glass. It is primarily sold under the iconic Pyrex® brand. International Cookware Group also developed its own cookware brand, Ôcuisine, which has a large range of products distributed throughout the world.
International Cookware Group operates the largest manufacturing plant for borosilicate glass in the world, located in Châteauroux, France, and celebrates its 50th anniversary in 2020.
Damien Scaillierez, Managing Partner at Kartesia, said, “International Cookware Group is one of the most iconic French manufacturing companies. Having developed real technical expertise in developing high quality products and a history of new product development has allowed them to continuously increase its market share. We are delighted to accompany them in this new development phase, alongside a highly competent and experienced management team.”
Jose-Luis Llacuna, President of International Cookware Group, adds: “We are pleased to have the Kartesia team accompany us in this new transaction in order to accelerate further our growth, notably in the fields of product innovation, industrial efficiency and commercial development to even better fit ever-changing customers’ expectations in our markets.”
