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.