Transaction

AGA Foodservice Group PLC

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.


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