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GROHE America, Inc. Announces Parent Company Purchase
July 14, 2004
GROHE America, Inc., announced that Texas Pacific Group and Credit Suisse First Boston Private Equity have purchased German-based parent GROHE Water Technology AG.
Issue: 7/04
GROHE America, Inc., announced that Texas Pacific Group (TPG) and Credit Suisse First Boston Private Equity (CSFB Private Equity) have purchased German-based parent GROHE Water Technology AG through a consortium agreement with previous owner BC Partners (BC Funds). GROHE currently ranks among the top three faucet manufacturers in the world, with distribution in more than 180 countries.
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