Grohe America Purchased By Investment Consortium
GROHE still ranks among the top three faucet manufacturers in the world, with distribution in more than 180 countries. Its immediate objective, according to CEO Peter Korfer-Schon, “is to define the company's strategy for the coming years together with the consortium, and focus on strengthening our profitability.”
Grohe's export share stands at approximately 75 percent, and employs more than 5,800 in 130 countries. The company's sales in 2002 was $1.10 billion (US).