Grohe Holding GmbH is owned by investors. In June 2010, the company saw a ruling against the European sanitary fittings industry by the European Commission. , In 1983, the company's products were exclusively distributed in the Middle East, the East Mediterranean as well as North and West Africa by Grome Marketing. Grohe Holding GmbH operates as a holding company. Grohe's share of the fine amounted to 54.8 million euros. Pure Freude an Wasser met GROHE! The firm is now almost entirely owned by the Japanese building materials company Lixil Group and the Development Bank of Japan, after a €3 billion deal for 87.5 percent of the firm. *All intraday prices are subject to a delay of fifteen (15) minutes. Über GROHE, Karriere bei GROHE, GROHE Newsroom, GROHE Niederlassungen Explore notable alumni from top universities and organizations. The company was founded in 1911 and is headquartered in Dusseldorf, Germany. The company was founded in 1911 and is headquartered in Dusseldorf, Germany. Currently, Grohe AG is owned almost 100% by Grohe Holding GmbH (there are still some minority shareholders from the period in which Grohe AG was listed on the stock market). In 1948, the company was renamed to Friedrich Grohe Armaturenfabrik. The company started as a ferric hardware factory in 1911 under the name Berkenhoff & Paschedag, located in Hemer, Germany; it was taken over by Friedrich Grohe in 1936, who focused on sanitary faucets only. It focuses on design and marketing of sanitary fittings, such as bathroom fixtures, shower systems, and kitchen faucets. For people with the name, see, 1990s and 2000s: involvement of investors, "Konzernabschluss zum Geschäftsjahr vom 01.04.2016 bis zum 31.03.2017 der Grohe AG", "History of Friedrich Grohe AG & Co. KG – FundingUniverse", "Lahr: Grohe strahlt viel Zuversicht aus - Lahrer Zeitung", "Offenes Werkstor in Lahr: Moderne Duschen sind Wellness pur", "Grohe acquires Mesma Holdings' stake in Grome JV", "The Year of the Locust | Germany | DW | 20.05.2005", "Sanitärhersteller streicht 1 200 Stellen: Grohe verordnet sich harten Sparkurs", "European Commission - PRESS RELEASES - Press release - Antitrust: Commission fines 17 bathroom equipment manufacturers € 622 million in price fixing cartel", "GROHE - Grohe AG Company Page - Welcome to GROHE", "Private equity owners pick IPO banks for Grohe | Reuters", "Toilet giant Grohe gets €3bn Japan investment - The Local", "Grohe takes full ownership of Grome joint venture", "Fortune Magazine names GROHE among Top Companies changing the World", "Konzernabschluss zum Geschäftsjahr vom 01.04.2016 bis zum 31.03.2017 der Grohe AG (Consolidated Accounts from 1 April 2016 to 31 March 2017 of Grohe AG)", "GROHE Brings the Latest in Cutting-Edge Design for the Bathroom and Kitchen to the Heart of New York City, Opening the Grohe Live! Empower Your Business Applications with Industry-Leading Relationship Data from the RelSci API. The Company, through its subsidiaries, manufactures kitchen and bathroom fittings, showers, and flushing systems. Innovatieve kranen en douches van GROHE zijn ontworpen om een leven lang mee te gaan. Grohe Holding GmbH manufactures and develops sanitary fittings and water technology solutions.  In February 2012, Grohe announced its US headquarters will move from Bloomingdale, Illinois to New York City. Around 950 production jobs were announced to be cut at sites in Germany and the Herzberg factory was closed; the sites in Thailand and Portugal were expanded considerably and around 500 new jobs created. Grohe Holding GmbH bezit de aandelen in Grohe AG (Duitsland), Grohe America Inc. (Verenigde Staten), en Grohe Canada Inc. Locaties. Grohe is currently Europe’s biggest manufacturer of sanitary fittings and has eight percent of the worldwide market. The Company, through its subsidiaries, manufactures kitchen and bathroom fittings, showers, and flushing systems. Before that, Friedrich used to work for his father's company Hansgrohe, founded in 1901. Rapport global sur Grohe Holding GmbH. Harness the power of your relationships with RelSci Pro, the powerful platform for identifying relationship-driven business opportunities and connections that can propel your career forward. , In September 2017, Grohe was listed in the Change the World ranking of the business magazine Fortune as one of 50 international companies whose strategy have a positive impact on society. Watch live: US health officials speak before Senate committee on the coronavirus... How to give your kitchen a much-needed makeover; Barbara Chandlerhasthetop tips for a stylish upgrade, GROHE Goes ZERO – Carbon-Neutral Production by 2020, Protect Homes from Water Damage with the GROHE Sense & GROHE Sense Guard Water Management System, World Architecture Festival 2018 Launches Global Awards Programme, Japan's top two lavatory-makers are at last making inroads overseas : Japanese exports.  The German market makes up roughly 15 percent of overall sales. Get Contact Information on the World's Most Influential Decision Makers. In the early 1990s, Grohe introduced a new designer finish "white" which increased sales for the next 7 years. Sales figures doubled year after year as Grohe introduced a series of products such as the Ladylux of 1983 – the first pull-out spray kitchen faucet, including detachable hand-spray and snap-on accessories (also the first hand-spray with a filter for drinking water), on the US market – or the Europlus of 1989, another pull-out spray faucet. , In 2012, Grohe AG's revenues increased by 21 percent to 1,405 million euros; operating profits improved by 18 percent to reach 273 million euros, representing a return on revenue of 19.4 percent. Hans-Gerd Fuechtenkort is Former Executive Director:Sales at Grohe Holding GmbH. Feldmühleplatz 15,Dusseldorf, Nordrhein-Westfalen 40545, Building Products & Construction MaterialsHolding CompaniesFurniture. In 1980, Grohe also implemented water-temperature regulation technology. Grohe Holding GmbH manufactures and develops sanitary fittings and water technology solutions. Cancel In 1996, Grohe America launched its first television advertisement campaign and started offering a limited lifetime warranty in 1997. Grohe Holding GmbH operates as a holding company. The company's Management Board consists of four members and is led by Thomas Fuhr as chairman of the board. , Grohe was taken over by Lixil and the Development Bank of Japan in January 2014. Innovatieve kranen en douches van GROHE zijn ontworpen om een leven lang mee te gaan. 1996 saw the company expand to Portugal and Thailand. sponsored by Grohe Holding GmbH. © 2020 Relationship Science LLC. Headquartered in Dnsseldorf, Germany, Grohe operates six production facilities, which are located in Germany (three), Portugal, Canada and Thailand. Relationship Science This web site is not endorsed by, directly affiliated with, maintained, authorized, or In 2005, Franz Müntefering, chairman of the then ruling Social Democratic Party of Germany (SPD), sparked a debate on capitalism by designating foreign private equity firms as "locusts". The outstanding balance will therefore be EUR 300,000,000. © 2020 Relationship Science LLC. In 1998, a group of investors working with BC Partners bought all available Grohe shares and delisted the company in the following year, making the Grohe Holding GmbH company, owned by BC partners, into the majority owner of Grohe AG in 1999. U.S. Federal Reserve Cuts Interest Rate by Half-Percentage Point Amid Coronaviru... Israeli exit polls: Netanyahu ahead, but short of majority. A year later in 1962, Grohe acquired exclusive rights to produce the Moen Mixing Faucet, which mixes hot and cold water with a single lever. Grohe Holding GmbH is owned by investors. Discover the Power of Your Network with RelSci Premium Products. Certain Information provided by Factset Research System Inc. ONF Unveils Aether(TM) the First Open Source Platform for 5G/LTE-Edge-Cloud-as-a... Organization for Economic Cooperation and Development, Virus spread prompts Fed to slash rates in surprise move. Grohe Holding GmbH, Düsseldorf, Germany, District Court of Iserlohn HRB 5040: Earnings, Revenue, Taxes, Employees, Network, Financial information Grohe Holding GmbH is located in Düsseldorf, Nordrhein-Westfalen, Germany and is part of the Business Services Sector Industry. , In 1968, Friedrich Grohe sold a 51% stake, there were some additions to the Lahr production site and a new logistics department was opened at Hemer-Edelburg. , In May 2013, David Haines, chairman of Grohe, confirmed that, although the company is examining all options for ending investor involvement, no concrete plans had yet been made. In 1965, the company expanded into Austria and founded its third subsidiary abroad in Italy in 1967. The new venture was incorporated a year later as Grohe America, Inc. and moved into a small warehouse-office complex. The Company, through its subsidiaries, manufactures kitchen and bathroom fittings, showers, and flushing systems.  He made TPG-owned Grohe his main example. The first order from outside of Germany came in 1938. See Hans-Gerd Fuechtenkort's compensation, career history, education, & memberships. Alfred Hili & Co. Ltd. 17 Guze Galea Street QRM 2106 Qormi Malta Phone no. TPG Capital, LP, aPriori Capital Partners LP, Grohe Holding GmbH purchase Joyou AG from Joyou Grohe Holding AG, TPG Capital, LP, aPriori Capital Partners LP, Grohe Holding GmbH, Joyou Grohe Holding AG purchase Joyou AG, TPG Capital, LP, CSFB Private Equity Partners LLC, Grohe Holding GmbH purchase Friedrich Grohe AG, Advised onTPG Capital, LP, aPriori Capital Partners LP, Grohe Holding GmbH, Joyou Grohe Holding AG purchase Joyou AG, Advised onTPG Capital, LP, aPriori Capital Partners LP, Grohe Holding GmbH purchase Joyou AG from Joyou Grohe Holding AG, Advised onTPG Capital, LP, CSFB Private Equity Partners LLC, Grohe Holding GmbH purchase Friedrich Grohe AG. Grohe is a German sanitary fittings manufacturer with its registered office in Hemer and headquarters in Düsseldorf. In order to keep pace with its rapid growth, the company regularly upsized its premises: a section of a larger warehouse facility in 1978, a whole warehouse in Wood Dale in 1986, and finally settled into today’s custom-built 90,000 square-foot facility in Bloomingdale, Illinois, in 1993.. GROHE is a leading global brand for complete bathroom solutions and kitchen fittings and has a total of over 6,000 employees, 2,400 of which are based in Germany. , The company's Management Board consists of four members and is led by Thomas Fuhr as chairman of the board. , This article is about the company.  In 1961, the company set up its first subsidiary abroad, in France. , The registered office of Grohe AG is located in Hemer and the head office in Düsseldorf, Germany. The company generated consolidated sales revenues of EUR 1.35 billion in 2017. Grohe was also restructured as a public limited company. It focuses on design and marketing of sanitary fittings, such as bathroom fixtures, shower systems, and kitchen faucets. Grohe's products are targeted at the high-end mass markets for sanitary fittings. Grohe employs about 6,000 people worldwide. Grohe AG is a subsidiary of Grohe Holding GmbH. Ze vormen de perfecte balans tussen kwaliteit, technologie en design. In 1991, the company bought two other producers of faucets: Herzberger Armaturen GmbH from the Brandenburg region and Armaturenfabrik H. D. Eichelberg & Co. GmbH at Iserlohn in Westphalia. any kind between RelSci and Grohe Holding GmbH. moody's downgrades grohe ag's existing notes to caa1 and assigns a b1 senior implied to grohe holding gmbh and a (p)b3 to its proposed senior notes issue. In June 2010, the company saw a ruling against the European sanitary fittings industry by the European Commission. , In May 2017, Grohe announced the takeover of the former joint venture Grome. Grohe's announced change in ownership could be credit positive, subject to financial structuring - Issuer Comment – 2013/09/30 – US$ 200.00 Grohe Holding GmbH - LGD Assessment – … Grohe Holding GmbH is wholly owned by Grohe Group S.à.r.l., which gets consolidated by its parent company Lixil Group. Other members are Jonas Brennwald as Deputy CEO, Stefan Gesing as Chief Financial Officer, and Michael Mager as Executive Director Human Resources & Organization. At the Hemer site, new technology and factory control facilities were opened. Reveal deeper insights into your organization's relationships with RelSci Contact Aggregator. Ze vormen de perfecte balans tussen kwaliteit, technologie en design. For commercial customers, Grohe introduced a new product line in 1989, following it up with a showroom marketing program for wholesalers. A new design centre followed at the Hemer site in 1997. Since 2014, Grohe has been part of the Japanese Lixil Group. , In February 2017, the company's revenues accounted 965 million euros during the first nine months of the fiscal year. Grohe Holding GmbH is wholly owned by Grohe Group S.à.r.l., which gets consolidated by its parent company Lixil Group. Global social, financial and environmental data, advertising and influence. Grohe Holding Anleihen: Hier finden Sie eine Auflistung über alle Grohe Holding Anleihen mit entsprechenden Laufzeiten und Kupons. Duitse vestigingsplaatsen van Grohe AG bevinden zich in Hemer (o.a. Dated: October 26, 2012 This announcement has been issued through the Companies Announcement Service of. reference purposes only and does not imply any association with the trademark holder. All Rights Reserved. The  The Grohe board of directors, which took up business after the period under investigation, introduced awareness programmes about competition law and operates a zero-tolerance policy towards price-fixing. Grohe Holding GmbH operates as a holding company. Through 2008, investments totaling 200 million euros were made, of which around two thirds were invested in Germany in the areas of production technology and logistics.. Grohe opened a 15,000 square-foot showroom for professional partners and visitors on Fifth Avenue in New York City in September 2011. New York, NY 10001. , In 1975, Grohe opened a small office just outside Chicago, and its representative, Urell, Inc. in Massachusetts, began supplying European-style kitchen and bathroom fixtures to American tradesmen and retailers. Grohe Holding GmbH operates as a holding company. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you.