Kohler Is Said to Explore $3 Billion Generators Division Sale

Kohler Co., the closely held US kitchen and bath-products conglomerate, is exploring a sale of its generators division, according to people with knowledge off the matter.

A deal could value the business at $3 billion or more, said one of the people, who asked to not be identified discussion private information, The Kohler, Wisconsin-based company is working with advisers to solicit interest in the unit, the people said.

Kohler hasn’t made a final decision on pursuing a sale and could opt to retain the division.

A representative for the Kohler, Wisconsin-based company didn’t respond to requests for comment.

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