Sanitec
{{Infobox company
|name = Sanitec Oy (data valid until the acquisition by Geberit)
|logo =
|type = Public limited company
|fate = Acquired by Geberit
|traded_as =
|foundation = 1990 (as a Wärtsilä subsidiary)
1999 (listed on the Helsinki stock Exchange)[http://www.sanitec.com/SANITEC%20GROUP/Key%20milestones.aspx Sanitec milestones] {{webarchive|url=https://archive.today/20130615170102/http://www.sanitec.com/SANITEC%20GROUP/Key%20milestones.aspx |date=2013-06-15 }}
|founder =
|location = Helsinki, Finland
|key_people = Fredrik Cappelen (Chairman)
Peter Nilsson (President and CEO)
|industry = bathroom ceramics
|products = bathroom ceramics, bathroom furniture
pre-wall flushing solutions
taps & mixers
bathtubs, showers
|revenue = €752.8 million (2012)[http://www.sanitec.com/design/sanitec/20130530_Sanitec-Interim-Report-Q1-2013.pdf Preliminary Results 2012] {{webarchive|url=https://web.archive.org/web/20150610203721/http://www.sanitec.com/design/sanitec/20130530_Sanitec-Interim-Report-Q1-2013.pdf |date=2015-06-10 }}
|operating_income = €73 million (2012)
|net_income =
|parent =
|subsid = Allia, IDO, Ifö, Keramag
Kolo, Koralle, Porsgrund
Pozzi-Ginori, Selles
Sphinx, Twyford Bathrooms
Varicor
|homepage = [http://www.sanitec.com www.sanitec.com]
|footnotes =
}}
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.
In February 2015, Sanitec was acquired by the Swiss firm Geberit for $US1.4 billion.[https://www.reuters.com/article/geberit-ma-sanitec-idUSFWN0VD00U20150203 Geberit says has acquired 99.27 pct of Sanitec shares]. Reuters, 3 February 2015
Brands (year acquisition by Sanitec)<ref name=history/><ref name=brands>[http://www.sanitec.com/BRANDS%20PRODUCTS/Brand%20portfolio.aspx Sanitec brands] {{webarchive|url=https://archive.today/20130615182806/http://www.sanitec.com/BRANDS%20PRODUCTS/Brand%20portfolio.aspx |date=2013-06-15 }}</ref>
{{div col|colwidth=30em}}
- 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)
{{div col end}}
References
{{Reflist|2}}
External links
- [http://www.sanitec.com Sanitec homepage]
{{Authority control}}
Category:Manufacturing companies based in Helsinki