Overview
Sanitec was a large European producer of sanitaryware. It was based in Helsinki, owned by the Swedish private equity 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.
Brands (year acquisition by Sanitec)
Sources: * 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)