Sanitec was a large European producer of sanitaryware. It was based in Helsinki, owned by the Swedish private equity firm EQT (has been owning 77.5% of Sanitec since 2009, 100% 2005–2009) and owned several European ceramics brands with 18 production plants. Annual revenue in 2012 was €753 million.

History

Sanitec was established as a subsidiary of Wärtsilä in 1990. In 1999 Sanitec was listed on the Helsinki stock exchange. It was delisted on 1 November 2001 after being acquired by Pool Acquisition Helsinki Oy, a company Sanitec merged with on 31 March 2002. In the beginning of 2005 the merged company was completely acquired by EQT.[1]

In February 2015, Sanitec was acquired by the Swiss firm Geberit for $US1.4 billion.[3]

Bidet by Kolo, a Sanitec subsidiary

Brands (year acquisition by Sanitec)[1][4]

  • Allia, France (1991)
  • IDO, Finland
  • Ifö, Sweden (1981)
  • Keramag, Germany (1991)
  • Kolo, Poland (1993)
  • Koralle, Germany
  • Leda, France (sold in 2012 Nov.)
  • Porsgrund, Norway (1985)
  • Pozzi-Ginori, Italy (1993)
  • Selles, France
  • Sphinx, Netherlands (1999)
  • Twyford Bathrooms, United Kingdom (2001)
  • Varicor, Germany (1998)

References

  1. ^ a b c Sanitec milestones Archived 2013-06-15 at archive.today
  2. ^ a b c Preliminary Results 2012 Archived 2015-06-10 at the Wayback Machine
  3. ^ Geberit says has acquired 99.27 pct of Sanitec shares. Reuters, 3 February 2015
  4. ^ Sanitec brands Archived 2013-06-15 at archive.today
Allikas: https://en.wikipedia.org/wiki/Sanitec
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