Hannover Finanz Opportunities acquires majority stake in KEUCO

Hannover Finanz Opportunities, part of Hannover Finanz Group, acquired a majority stake in KEUCO through a share deal. Existing shareholders will retain a minority interest in the company. Financial details were not disclosed.

KEUCO manufactures premium bathroom fittings and is particularly established in Germany, Austria and Switzerland. HFO's investment is intended to secure and further develop KEUCO's market position, strengthen its competitiveness and support future growth. CMS advised the sellers on legal and tax matters.