Ballingslöv buys Iberia's top kitchen maker KBV from Abac Capital
What's the deal? Ballingslöv InternationalDealroom has a profile for this one. Try Dealroom →, one of Europe's largest kitchen furniture groups, has acquired Kitchen Bath Ventures (KBV), the leading kitchen furniture manufacturer in Iberia, from private equity funds managed by Abac CapitalDealroom has a profile for this one. Try Dealroom →. Terms were not disclosed.
What does KBV do? Abac Capital created the group in 2022 by combining family businesses OB Cocinas and Delta Cocinas, later adding premium brand DOCA in April 2024. KBV designs, makes, and sells kitchen furniture across mid-market and premium segments.
The numbers: KBV employs more than 350 people and runs manufacturing facilities spanning over 80,000m². It serves more than 700 active clients in Spain and exports roughly 35% of sales.
Why the buy? Ballingslöv, which already holds a portfolio of leading European kitchen brands, gains a strategic foothold in the Iberian market and adds balance to its geographic reach.
What changes? KBV keeps its management. "We look forward to welcoming KBV's employees to our group," said Björn Hauber, chief executive officer of Ballingslöv, adding that KBV is "well positioned to further strengthen its leading position under Luis and his team."
The Abac chapter: Under Abac's ownership since 2022, KBV earned B Corp certification and built out its digitalisation, quality, and sustainability standards. "We are extremely proud of the transformation achieved by KBV during our time as shareholders," said Marc Faiges, a partner at Abac Capital.
The signal: The deal marks continued consolidation in Europe's kitchen furniture sector, as larger groups absorb regional platforms to widen their geographic and brand coverage. For Abac, it caps a three-year buy-and-build exit; for Ballingslöv, it plants a flag in southern Europe.
Read more: capital-riesgo.es