Villeroy & Boch has successfully completed its acquisition of all operating companies of the Ideal Standard Group. Ideal Standard will be integrated as a separate part of the Villeroy & Boch Group now that all necessary approvals by antitrust authorities have been received.
Villeroy & Boch has successfully placed its first €280 million promissory note loan, following the company’s announcement of its acquisition of Ideal Standard in September 2023. It originally planned to place €150 million, but the volume was increased significantly given the substantial oversubscription, and conditions were set at the lower end of the marketing margin.
The promissory note l
Mettlach / Brussels, 18 September 2023. Villeroy & Boch AG has today signed binding agreements to acquire operating companies in the Ideal Standard Group. The two companies are a strong strategic fit given their regional presence, sales strategies and product and brand portfolios, laying the foundations for a stronger market position and additional growth. In an industry with global growth pot