Sanitec was a large European producer of sanitaryware. It was based in Helsinki, owned by the Swedish

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

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 Swiss most commonly refers to: * the adjectival form of Switzerland * Swiss people Swiss may also refer to: Places * Swiss, Missouri * Swiss, North Carolina * Swiss, West Virginia * Swiss, Wisconsin Other uses * Swiss Café, an old café located ...

firm Geberit for $US1.4 billion.Geberit says has acquired 99.27 pct of Sanitec shares

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, 3 February 2015 Bidet Ego Kolo

Brands (year acquisition by Sanitec)Sanitec brands

* 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)

References

External links

Sanitec homepage
{{Authority control Manufacturing companies based in Helsinki Bathroom fixture companies Finnish brands Wärtsilä