# Villeroy & Boch acquires Ideal Standard Group for €600M

Villeroy & Boch signed binding agreements to acquire all operating companies of Ideal Standard Group, a multinational bathroom products supplier, for a company valuation of approximately €600 million. The transaction is expected to close in early 2024.

- Type: Acquisition
- Announced: 2023-09-18
- Where: Germany
- Value: $642.0M (600.0M EUR)
- Status: announced
- Products: bathroom products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ideal Standard](https://endata.com/companies/5806.md) (target)
- [Villeroy & Boch](https://endata.com/companies/72668.md) (acquirer)
- [Anchorage Capital Group](https://endata.com/companies/72669.md) (partner)
- [CVC Credit](https://endata.com/companies/72670.md) (partner)

## Sources

- [webdisclosure.com](https://www.webdisclosure.com/press-release/villeroy-boch-ag-etr-vib3-eqs-adhoc-villeroy-boch-ag-villeroy-boch-acquires-ideal-standard-group-D0IA8kIjHh3), 2023-09-18: "Villeroy & Boch has today signed binding agreements to acquire all of the operating companies in the Ideal Standard Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.