One of the largest manufacturers and suppliers of plumbing and heating products in the UK.

Caradon Plumbing became independent due to our Institutional Buyout of Caradon plc’s plumbing division in November 2000.

Montagu’s investment strategy was to separate the four businesses as each business was very attractive in its own right, with leading products and brands and significant potential for growth.  This plan was executed quickly – Twyford Bathrooms was sold to Sanitec plc in early 2001 and Mira Showers to US-based Kohler Corporation in July 2001.  Montagu sold the remaining boilers and radiators businesses in 2005 to Warburg Pincus.

Deal details

Year of entry



United Kingdom



Industry Sector

Essential Services

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