A group led by Cortec Group has acquired Urnex Brands. Founded in 1936, Urnex manufactures a portfolio of coffee machine cleaning products for commercial and household use. Its products are sold under three different brand names and are available in end markets across more than 70 countries. Cortec's investment came from its Fund V, which closed in 2011 with $620 million in committed capital. Robert W. Baird & Co. served as financial advisor to Urnex in connection with the transaction.