About KPS Capital Partners, LP
KPS Capital Partners, LP is the manager of the KPS Special Situations Funds, a family of private equity funds with over $1.8 billion of committed capital focused on constructive investing in restructurings, turnarounds and other special situations. KPS has created new companies to purchase operating assets out of bankruptcy; established stand-alone entities to operate divested assets; and recapitalized highly leveraged public and private companies. The KPS investment strategy targets companies with strong franchises that are experiencing operating and financial problems. KPS invests its capital concurrently with a turnaround plan predicated on cost reduction, capital investment and capital availability. Typically, the KPS turnaround plan is accompanied by a financial restructuring of the company's liabilities. The KPS investment strategy and portfolio companies are described in detail at the firm's website: www.kpsfund.com.
About WWRD Holdings Limited
WWRD Holdings Inc. Ltd was created by KPS following their purchase in March 2009 of most of the key assets, inventory and IP of Waterford Wedgwood PLC on January 5th 2009. The current status at WWRD is the integration of Waterford Crystal, Wedgwood, Royal Doulton and Royal Albert Brands into one fluid operating structure with one senior executive team. WWRD Holdings Limited is the leading provider of luxury home and lifestyle products worldwide. The Company’s products are distributed through premium department stores and independent retailers and wholesalers around the world, including in the United States, United Kingdom, Japan, Canada, Australia and Ireland. WWRD Holdings employs more than 3,700 people worldwide.
There are 3 divisions, USA, EMEA & Pan Asia