AGA

AGA

Business Description

Aga Foodservice Group PLC (AGA) designed, manufactured, and retailed successful consumer and commercial brands. The premier brand in the consumer portfolio was the legendary Aga stove; other brands included Elgin & Hall, manufacturers of luxury fireplace surrounds, and Britain's leading interior finishes retailer, Fired Earth.

Background

AGA was seeking a way to further penetrate the U.S. market for its consumer household brands with a strategically important acquisition.

Solution

A principal of Carter Morse & Mathias acted as the exclusive financial advisor to AGA in its purchase of Domain Home Fashions.  Founded in 1986 by Judy George, Domain designed, sourced and retailed exclusive European-inspired home furnishings for affluent East Coast consumers through 25 retail locations in the Northeast.