Joyou AG : LIXIL and DBJ Complete the Acquisition of 87.5 per cent of GROHE Group S.à r.l.

LIXIL and DBJ Complete the Acquisition of 87.5 per cent of GROHE Group S.à r.l.

2014.01.24

Via GraceB and GROHE, LIXIL and DBJ together now hold 72.3 per cent of the shares in Joyou AG. 27.7 per cent of the shares remain in free float.

With the completion of the acquisition, GROHE and Joyou AG became part of the LIXIL group on 21 January 2014.

Further information can be found in LIXIL´s and GROHE´s joint press release which is published at http://www.grohe-group.com/en/press/press releases/p/25_8630.html?item=1294&id_cat=77.