Sanitec

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% before) and owned several European ceramics brands with 18 production plants. Annual revenue in 2012 was €753 million.

Sanitec Oy (data valid until the acquisition by Geberit)
Public limited company
Industrybathroom ceramics
FateAcquired by Geberit
Founded1990 (as a Wärtsilä subsidiary)
1999 (listed on the Helsinki stock Exchange)[1]
HeadquartersHelsinki, Finland
Key people
Fredrik Cappelen (Chairman)
Peter Nilsson (President and CEO)
Productsbathroom ceramics, bathroom furniture
pre-wall flushing solutions
taps & mixers
bathtubs, showers
Revenue752.8 million (2012)[2]
73 million (2012)[2]
Number of employees
7,004(2012)[2]
SubsidiariesAllia, IDO, Ifö, Keramag
Kolo, Koralle, Porsgrund
Pozzi-Ginori, Selles
Sphinx, Twyford Bathrooms
Varicor
Websitewww.sanitec.com

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
  • Porsgrund, Norway (1985)
  • Pozzi-Ginori, Italy (1993)
  • Selles, France
  • Sphinx, Netherlands (1999)
  • Twyford Bathrooms, United Kingdom (2001)
  • Varicor, Germany (1998)
gollark: Plus each device needs its own special weird custom build, and you need something like 40GB of files and an insane build process to make system images.
gollark: Well, I sort of can, using some iptables hackery, but that seems fragile and prone to breaking.
gollark: Even with *root access*, I can't apparently globally set DNS configuration persistently across boots.
gollark: Still waiting for GNU/Linux phones.
gollark: Android is really a pretty terrible platform if you go off the "happy path" of Google services everywhere, Play Store apps, shiny recent phones which actually get software updates, and not wanting to tweak anything beyond, well, wallpapers.

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.