Villeroy & Boch acquires Ideal Standard and merges with Europe's largest bathroom products manufacturer

The transaction is expected to be completed in early 2024

Villeroy & Boch AG has signed binding agreements to acquire the core operating companies of the Ideal Standard Group. The two companies are a strategic fit due to their regional presence, sales strategies and product and brand portfolios, laying the foundation for a stronger market position and further growth.

In a sector with global growth potential, the integrated company will, once the transaction is completed, join the ranks of Europe's largest manufacturers of bathroom products. Ideal Standard shares are being sold by corporations under the management of Anchorage Capital Group and CVC Credit. The acquisition package is based on a valuation of the company of approximately 600 million euros.