Bidders for Grohe include Siam Cement and Geberit


FRANKFURT: German bathroom fixtures maker Grohe has attracted takeover interest from at least two suitors, people familiar with the process said, in what could be Europe’s largest private equity deal of the year.

Thailand’s Siam Cement and Switzerland’s Geberit have expressed interest in buying Grohe, according to the people familiar, with the value of the private company said to be worth around 4 billion euros (US$5bil).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Loan growth of 7% for CIMB
Awantec to bank on synergistic offerings
Dayang on course for strong performance this year
KLK takes swift action to address labour report
Semiconductor industry offers chance for growth
Tasco’s diversity provides strong growth prospects
FBM KLCI’s bullish momentum
OCK in Laos tower leasing agreement
Ministry and Mida ink human development deal
MAG inks partnership with Youth and Sports Ministry

Others Also Read