Hansgrohe SE Acquires a Stake in Easy Sanitary Solutions B.V.

Hansgrohe Expands Product Offering with Direct Investment

Schiltach, November 10, 2020. Hansgrohe SE, headquartered in Schiltach, Germany, has signed a deed of purchase for a majority stake in the family-owned Easy Sanitary Solutions (ESS) B.V., headquartered in Oldenzaal, The Netherlands. The transaction is still subject to the approval of the European antitrust authorities. ESS is the inventor, developer and manufacturer of Easy Drain shower channels (www.easydrain.com) and offers a wide range of products for barrier-free showering and bathroom wall niches. ESS’s products are sold in Europe and the USA. The company currently employs 102 people and has locations in the Netherlands and Germany. For Hansgrohe, ESS will become a competence center for bathroom drain solutions and a partner to jointly develop and successfully market this product category. Hansgrohe is a leading manufacturer of showers, shower systems, bathroom and kitchen fittings and kitchen sinks.

“With this investment, we are strengthening the product range in our core area – showers,” said Hans Juergen Kalmbach, Chairman of the Executive Board of Hansgrohe SE. “With our shared core values of innovation, design quality and responsibility, and the strength of the ESS team, we look forward to further expanding our strong presence in the shower space.”

Juergen and Eric Keizers, founders and CEOs of ESS: “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.”

About Easy Sanitary Solutions (ESS)

Easy Sanitary Solutions (ESS) is the inventor, developer and manufacturer of Easy Drain shower channels. Its product portfolio includes floor drains, stainless-steel wall niches, bathroom sealings solutions and illuminated mirrors. ESS stands for excellent design, development and production of sanitary solutions. All products are subject to an outstanding quality and innovation management, which is confirmed by numerous design and innovation awards.

About the Hansgrohe Group – the Original from the Black Forest

With its brands AXOR and hansgrohe, the Hansgrohe Group, based in Schiltach/Southern Germany, enjoys a reputation as a leader in innovation, design and quality within the bath and kitchen industry. The Hansgrohe Group brings form and function to water with taps, showerheads and shower systems. The 119-year history of the company is marked by innovations such as the first hand-held shower with multiple spray types, the first pull-out kitchen tap, and the first wall bar to hold a hand-held shower. The company holds more than 15,000 active property rights. The Hansgrohe Group stands for long-lasting quality products. With 33 subsidiaries and 22 sales offices supplying products in more than 140 countries, the company is a reliable partner to its customers around the world. The Hansgrohe Group, its brands and products have won numerous awards, including more than 600 design prizes since 1974. Sustainable production of resource-conserving products is central to the company’s business activities around the globe. The products of the Hansgrohe Group are featured in projects around the world, such as the luxurious ocean liner Queen Mary 2, and the world’s tallest building, the Burj Khalifa in Dubai. The Group’s high quality standards are ensured by five wholly-owned production facilities: two in Germany, one each in France, the United States and China. In 2019, the Hansgrohe Group generated a turnover of EUR 1.088 billion. It employs more than 4,700 people worldwide, about 60 percent of whom work in Germany.