Kohler Divests Energy Unit to Platinum Equity

USA: Kohler Co. has announced a strategic shift, selling a majority stake in their energy division to investment firm Platinum Equity. Platinum Equity now holds the majority stake in Kohler’s energy business, with Kohler Co. retaining some investment. This strategic move allows Kohler to focus on its core kitchen and bath, wellness, and hospitality businesses, while positioning Kohler Energy for independent growth in the energy sector. Financial details of the deal remain undisclosed.

Source: Data Center Dynamics