CoBe Capital will acquire Warendorfer Küchen GmbH, which designs kitchens, from AFG Arbonia-Forster-Holding AG (SIX: AFGN) for an undisclosed amount.

The Warendorfer brand, headquartered in Warendorf, Germany, is an offshoot of appliance-maker Miele & Cie.

New York-based CoBe Capital is a private investment firm that focuses on acquiring and managing non-core corporate divestitures.

AFG, headquartered in Arbon, Switzerland, makes construction materials.

Building products