German brassware manufacturer Hansgrohe has aquired a majority stake in family-owned Easy Sanitary Solutions (ESS), subject to approval of the European antitrust authorities.
Headquarted in Oldenzaal, in the Netherlands, ESS is the inventor and manufacturer Easy Drain shower channels and offers a range of products for barrier-free showering and bathroom niches.
ESS has locations in the Netherlands and Germany, employs 102 people and sells its products in Europe and the USA.
For Hansgrohe, ESS will become a competence centre for bathroom drain solutions and partner to jointly develop and market the product category.
Chairman of the executive board at Hansgrohe Jans Jeugen Kalmbach stated: “With this investment we are strengthening the product range in our core area – showers.
“With our shared core values of innovation, design quality and responsiblity, and the strength of the ESS team, we look forward to further expanding our strong presence in the shower space.”
Founders and CEOs of ESS Juergen and Eric Keizers said: “We are delighted to have Hansgrohe, one of the leading manufacturers of bathroom fittings, as our partner.
“With the corporate strength of Hansgrohe and its global distribution network, we are able to make the shower channel , but also our innovative wall niches, a worldwide success.”
Hansgrohe recently posted its 10th consecutive sales record, with a turnover of €1,088billion