Sanitec
Line
- Fredrik Cappelen ( Chairman )
- Peter Nilsson ( President and CEO)
Sanitec is a European sanitary ware producer with an annual turnover of 753 million € (2012 ). The head office is in Helsinki. The company is majority owned by Swedish private equity firm EQT (owns 77.5 % of Sanitec since 2009, previously 100%) and has several European ceramics brands with 18 production.
History
Sanitec was founded in 1990 as a subsidiary of Wärtsilä. As of 1999, Sanitec has been traded on the Helsinki Stock Exchange. This listing ended on 1 November 2001 following the acquisition by Pool Acquisition Helsinki Oy, a company that merged with the Sanitec on 31 March 2002. In early 2005, the merged company was taken over completely by EQT.
Brands ( the year of acquisition by Sanitec )
- Allia, France ( 1991)
- IDO, Finland
- Ifö, Sweden ( 1981)
- Kolo, Germany (1991 )
- Kolo, Poland ( 1993)
- Coral, Germany
- Porsgrund, Norway ( 1985)
- Pozzi -Ginori, Italy ( 1993)
- Selles, France
- Sphinx, The Netherlands ( 1999)
- Twyford Bathrooms, UK (2001)
- VaricorÂ, Germany (1998)