Portfolio

Grestel
Stoneware production and sale
Explorer III

Invested in
2014
Divested in
2021
Investment Rationale

Benefit from domestic and international market stoneware growth through operational improvements and increased production capacity.

Strategy

Focus on own brand growth and extend range of higher value products, such as decorative ceramics and induction heating ceramics. Entry into North-American market through acquisition of local distributor based in New York.