In reaction to media speculation, the Villeroy & Boch AG states that it is currently considering an acquisition of the Ideal Standard group. However, this evaluation is still at an early stage, and the company's corporate bodies have not taken any binding decisions on whether or not to make the acquisition nor on any economic parameters. It is therefore also possible that the Villeroy & Boch AG will not further pursue the project or that an acquisition be effected for any other reasons.
Villeroy & Boch:
Villeroy & Boch is one of the world's leading premium brands for ceramic products. The family business, which was founded in 1748 and is headquartered in Mettlach/Germany, stands for innovation, tradition and exceptional style. As a renowned lifestyle brand, Villeroy & Boch offers products from the sectors Bathroom and Wellness and Tableware, and is active in 125 countries.