DACOR HOLDINGS, INC.
Founded in 1965, Dacor Holdings, Inc. (“Dacor”) is a leading, vertically integrated designer, manufacturer and marketer of ultra-premium residential kitchen appliances in North America. Prior to the transaction, the company had faced severe headwinds including still recovering from the Great Recession and loss of a key OEM refrigeration supplier. In addition, the company received an unsolicited inbound acquisition offer which was not consummated. Understanding the value proposition of the company in a consolidating industry to potential acquirers, a current favorable M&A market, and the company’s ongoing financial struggles, ownership determined that the time was right to pursue a value-maximizing transaction for its stakeholders and engaged Greif & Co. to ride to Dacor’s rescue.