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GROHE Group shares to be acquired by LIXIL Corporation

Düsseldorf, 26 September 2013 – The GROHE Group, one of the world’s leading providers of sanitary fittings, has entered into an agreement with LIXIL Corporation and Development Bank of Japan in relation to the sale of an 87.5% equity interest in GROHE Group from TPG and DLJ Merchant Banking Partners. This transaction represents the largest ever German investment by a Japanese company. The combined sanitary businesses of both groups generate more than EUR 4 bn of annual revenue, making it the largest player in its industry. » Read More

September 26th, 2013|