LIXIL to acquire GROHE Group
The combined sanitary businesses of both groups generate more than EUR 4 billion of annual revenue, making it the largest player in its industry.
http://www.supplyht.com/articles/97401-lixil-to-acquire-grohe-group
They also bought American Standard.
Japanese-based LIXIL Corp. has formed a 50-50 joint venture with the state-backed Development Bank of Japan to buy 87.5% of GROHE Group from TPG and DLJ Merchant Banking Partners.
The combined sanitary businesses of both groups generate more than EUR 4 billion of annual revenue, making it the largest player in its industry.
http://www.supplyht.com/articles/97401-lixil-to-acquire-grohe-group
They also bought American Standard.
Japanese-based LIXIL Corp. has formed a 50-50 joint venture with the state-backed Development Bank of Japan to buy 87.5% of GROHE Group from TPG and DLJ Merchant Banking Partners.
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