Sanitec
| Sanitec Oyj (information valid until takeover by Geberit 2015) | |
|---|---|
| legal form | Corporation |
| founding | 1990 (as a Wärtsilä subsidiary) 1999 (listed on the Helsinki Stock Exchange) |
| Seat |
Helsinki , Finland
|
| management | Fredrik Cappelen (Chairman) Peter Nilsson (President and CEO) |
| Number of employees | 6,149 (Dec. 31, 2014) |
| sales | 689.4 million euros (2014) |
| Branch | Sanitary ware |
| Website | sanitec.com |
Sanitec was a European manufacturer of sanitary ware , headquartered in Helsinki, which Geberit has owned since 2015 . The company owned several European ceramic brands with 18 production facilities.
history
Sanitec was founded in 1990 as a subsidiary of Wärtsilä. From 1999 Sanitec was traded on the Helsinki Stock Exchange. This listing ended on November 1, 2001 after the takeover by Pool Acquisition Helsinki Oy, a company with which Sanitec merged on March 31, 2002. At the beginning of 2005, the merged company was completely taken over by EQT . On December 10, 2013, the company went public again on the Stockholm Stock Exchange .
On October 14, 2014, the Swiss sanitary technology group Geberit announced that it would take over Sanitec for 9.7 billion Swedish kronor (around 1.06 billion euros). Geberit had acquired 99.22% of the shares by February 11, 2015 and the shares were then delisted from the stock exchange on February 27, 2015.
Brands (year of acquisition by Sanitec)
- Allia, France (1991)
- IDO, Finland
- Ifö, Sweden (1981)
- Keramag , Germany (1991)
- Koło, Poland (1993)
- Coral, Germany
- Porsgrund, Norway (1985)
- Pozzi-Ginori, Italy (1993)
- Selles, France
- Sphinx, Netherlands (1999)
- Twyford Bathrooms, United Kingdom (2001)
- Varicor, Germany (1998)
Web links
Individual evidence
- ↑ a b c Sanitec milestones ( memento of the original from June 15, 2013 in the web archive archive.today ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ a b c Financial Statements Release 2014 , Sanitec, February 27, 2015
- ↑ Stock Exchange Release , Sanitec, December 10, 2013
- ^ The big business , Handelsblatt, October 14, 2014
- ↑ Sanitec brands ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
