LUXEMBOURG, April 1, 2015 /PRNewswire/ -- LIXIL Water
Technology (LWT) commences operations today. It is headquartered in
Luxembourg and led by David J. Haines, the Chairman and CEO of the
Board of GROHE Group S.a r.l. LWT operates across 150 countries,
manages two R&D centers of excellence – in Germany and Japan – and manufactures products across 50
production facilities worldwide.
LIXIL Water Technology is part of the LIXIL Corporation that has
now received all relevant regulatory clearances to commence global
operations as four core businesses. The businesses are LIXIL Water
Technology, which has the widest global reach; as well as LIXIL
Housing Technology; LIXIL Building Technology; and LIXIL Kitchen
Technology. This reorganization will accelerate LIXIL's
globalization and growth efforts.
With its global brands GROHE, American Standard, JOYOU and
LIXIL/INAX, LWT commands leading market positions in the most
important core markets. It covers the four sales regions of
Japan,
EMEA1, the Americas and Asia. Each region has prime responsibility for
one of the four LWT brands. LWT's global sales structure is notably
characterised by its diversity, encompassing a variety of brands
and product categories offered in multiple markets and sales
channels. This means LIXIL Water Technology can provide its
customers with unique, professional complete bathroom solutions.
LWT already boasts impressive figures and substantial growth
potential.
"One of LIXIL Water Technology's special strengths lies in
pooling our broad-based, proven expertise," said David J. Haines. "All of the brands in our
global business will benefit from this cumulative know-how, giving
them the ideal springboard for successful development and growth
going forward. At the same time, each brand value will continue to
prevail, and the brands themselves will remain independent within
LWT."
The American Standard Brands leadership remains unchanged, with
Steve Delarge as acting CEO. "This
new model will be enhancing our relationship with customers as the
benefits of our global scale and leadership improve our ability to
meet their expectations," Delarge said.
About LIXIL Corporation
Headquartered in Tokyo, LIXIL
Corporation is a global leader in housing and building materials,
products and services business. The foundation of LIXIL's success
is our constant investment in technological innovation to improve
people's lives. Drawing on a heritage of over 100 years of
technological innovation, LIXIL is grouped into four technology
businesses, LIXIL Water Technology (brands include: LIXIL, INAX,
GROHE, American Standard, JOYOU, and JAXSON), LIXIL Housing
Technology (includes Tostem, Shinnikkei, and TOEX brands, etc.),
LIXIL Building Technology (including the Permasteelisa Group) and
LIXIL Kitchen Technology. LIXIL Japan Company is the fifth business
of the LIXIL Corporation and operates as a customer-focused sales
organization with the most comprehensive range of products and
services from all four technologies to customers and business
partners in Japan. LIXIL produces
some of the world's most fundamental and innovative products and
services, and our solutions are an integral part of some of the
world's most iconic and cutting-edge living and working spaces.
LIXIL brands are present in 150 countries and our businesses employ
more than 80,000 people worldwide. LIXIL brings together
technology, quality, design and sustainability to enhance people's
lives around the world.
About LIXIL Group Corporation
LIXIL Group Corporation (TSE Code: 5938) is the listed holding
company containing LIXIL Corporation, LIXIL VIVA CORPORATION and
LIXIL Housing Research Institute, Ltd. The Group is involved in a
broad spectrum of housing-related businesses, ranging from the
manufacture and sales of building materials and housing equipment
to the operation of home centers and a network of homebuilding
franchises, and a comprehensive real estate service. Led by
President and CEO Yoshiaki Fujimori,
the Group posted 1.6 trillion JPY in
consolidated sales in FY March
2014.
For more information about LIXIL Group and LIXIL, please visit:
http://www.lixil-group.co.jp/e/
About the GROHE Group
The GROHE Group comprises Grohe AG, Hemer; Joyou AG,
Hamburg and other GROHE
subsidiaries in foreign markets. The GROHE Group is the world's
leading provider of sanitary fittings.
With its global GROHE brand, the GROHE Group has relied on its
brand values of technology, quality, design and responsibility for
decades to deliver "Pure Freude an Wasser". With the JOYOU brand,
the Group covers the fast-growing Chinese market.
Spearheaded by GROHE Group S.a r.l., Luxembourg, the GROHE Group has a global
workforce of around 10,000 people (including some 4,000 at JOYOU).
There are about 2,400 employees working at GROHE in Germany. With three production plants in
Germany as well as several plants
in other markets, the GROHE Group generated consolidated sales of
€1.58 billion in 2014 according to preliminary figures.
The GROHE Group, which was taken over by the LIXIL Group and the
Development Bank of Japan in
January 2014, currently generates
some 85 percent of its sales outside Germany. The LIXIL Group is the global leader
in the building materials and housing equipment industries. For
further information, please visit: http://www.grohe-group.com
About American Standard
American Standard make life healthier, safer and more beautiful
at home, at work, in the community and throughout the world.
Offering total project solutions for residential and commercial
customers around the world with respected brands such as American
Standard®, DXV™, Safety Tubs®,
Crane Plumbing®, Eljer®, Fiat® and
Decorative Panels International®. American Standard
Brands is owned by LIXIL Corporation (TSE Code 5938), a global
building products company. Learn more at www.americanstandard.com,
or follow us at twitter.com/AmStandard,
https://www.facebook.com/AmericanStandardPlumbing.
1 Europe,
Middle East and Africa
Media Contact:
American Standard Brands
Nora
DePalma
Phone: 770.772.4726
Email: nora.depalma@oreilly-depalma.com
GROHE Group S.a r.l.
1B, Heienhaff
L-1736 Luxembourg-Sennigerberg
Dr. Ulrike Heuser-Greipl
Senior Vice President Public & Investor Relations
E-mail: ulrike.heuser-greipl@grohe.com
Media contact for GROHE: HERING
SCHUPPENER
Unternehmensberatung fur Kommunikation
GmbH Berliner Allee 44 D-40212 Dusseldorf
Phone: +49.(0)211.430 79-266/-289 E-mail:
grohe@heringschuppener.com
Media contact for JOYOU: KIRCHHOFF Consult
AG
Herrengraben 1 D-20459 Hamburg Phone: +49 (0)40 60 91 86 0
E-mail: jens.hecht@kirchhoff.de
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SOURCE LIXIL Corporation
