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% 2005–2009) 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)

Company type	Public limited company
Industry	bathroom ceramics
Founded	1990 (as a Wärtsilä subsidiary) 1999 (listed on the Helsinki stock Exchange)[1]
Fate	Acquired by Geberit
Headquarters	Helsinki, Finland
Key people	Fredrik Cappelen (Chairman) Peter Nilsson (President and CEO)
Products	bathroom ceramics, bathroom furniture pre-wall flushing solutions taps & mixers bathtubs, showers
Revenue	€752.8 million (2012)[2]
Operating income	€73 million (2012)[2]
Number of employees	7,004(2012)[2]
Subsidiaries	Allia, IDO, Ifö, Keramag Kolo, Koralle, Porsgrund Pozzi-Ginori, Selles Sphinx, Twyford Bathrooms Varicor
Website	www.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
• 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)