LIXIL announces losses of YEN 33.2 billion (US$ 265 million) due to Joyou AG’s insolvency filing

LIXIL (“Link to good living”) acquired approx. 70% of German listed Chinese subsidiary Joyou AG via the GROHE acquisition Joyou AG files for bankruptcy On January 21, 2014, LIXIL had acquired 87.5% of the German bath fixtures company GROHE Group (“Pure Freude am Wasser”). The GROHE Group owns 72.3% of Joyou AG, thus Joyou AG […]

LIXIL and Development Bank of Japan (DBJ) together acquire 87.5% of GROHE Group

LIXIL (“Link to Good Living”) pursues strategy to become global leader in building materials and housing equipment industry LIXIL acquires 87.5% of German GROHE Group (“Pure Freude an Wasser”), valuing GROHE at € 3.06 billion Lixil Corporation follows the strategy to become the global leader in building materials and housing equipment, and on January 21, […]

(c)2009-2018 Eurotechnology Japan KK All Rights Reserved.