Announced
Financials
Tags
Majority
Germany
Pending
Single Bidder
Friendly
Household Equipment and Products
Acquisition
Cross Border
Private
sanitary products
Synopsis
Roca Group, a company engaged in the design, production and marketing of products for the bathroom space, agreed to acquire Sanit, a firm specialised in sanitaryware installation systems, from Aliaxis, a manufacturer of plastic fluid handling solutions. Financial terms were not disclosed. "The acquisition of Sanit is a fundamental step in our strategy of integrating products into complete bathroom solutions and incorporating high value-added technology into our product portfolio, thereby strengthening our global leadership," Albert Magrans, Roca Group CEO.
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