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Grohe
Grohe is a German plumbing fixtures manufacturer with its registered office in Hemer and headquarters in Düsseldorf. Since 2014, Grohe has been part of the Japanese Lixil Group. The company generated consolidated sales revenues of in 2017. Grohe employs about 6,000 people worldwide. History 1911 until 1990: family-owned The company started as a ferric hardware factory in 1911 under the name Berkenhoff & Paschedag, located in Hemer, Germany; it was taken over by Friedrich Grohe in 1936, who focused on sanitary faucets only. Before that, Friedrich used to work for his father's company Hansgrohe, founded in 1901. The first order from outside of Germany came in 1938. In 1948, the company was renamed to Friedrich Grohe Armaturenfabrik. In 1956, Grohe purchased Carl Nestler Armaturenfabrik with its factory in Lahr/Schwarzwald. In the same year, the company launched the Skalatherm, an automatic mixing valve with integrated thermostat. In 1961, the company set up its first subsidia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grohe Kitchen Faucet Veris 1
Grohe is a German plumbing fixtures manufacturer with its registered office in Hemer and headquarters in Düsseldorf. Since 2014, Grohe has been part of the Japanese Lixil Group. The company generated consolidated sales revenues of in 2017. Grohe employs about 6,000 people worldwide. History 1911 until 1990: family-owned The company started as a ferric hardware factory in 1911 under the name Berkenhoff & Paschedag, located in Hemer, Germany; it was taken over by Friedrich Grohe in 1936, who focused on sanitary faucets only. Before that, Friedrich used to work for his father's company Hansgrohe, founded in 1901. The first order from outside of Germany came in 1938. In 1948, the company was renamed to Friedrich Grohe Armaturenfabrik. In 1956, Grohe purchased Carl Nestler Armaturenfabrik with its factory in Lahr/Schwarzwald. In the same year, the company launched the Skalatherm, an automatic mixing valve with integrated thermostat. In 1961, the company set up its first subsidia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hansgrohe
Hansgrohe SE is a German sanitary fittings manufacturer. It was founded by Hans Grohe in 1901, in Schiltach, Baden Wuerttemberg, Germany. Hansgrohe is one of the world's largest shower head, hand shower and tap suppliers, next to competitors such as Grohe and Kohler. Principal shareholder is the Masco Corporation, Taylor, Michigan, United States. Hansgrohe is not to be confused with the Grohe AG, another German sanitary fittings manufacturer, which was founded by Hans Grohe's son Friedrich. Background Hansgrohe has two major shareholders: The family of Klaus Grohe, the founders’ youngest son, holds 32%, Masco Corporation 68%. Hans Jürgen Kalmbach became chairman of Hansgrohe in 2018. The company sells its products under two brand names: Axor and hansgrohe. In 2017, Hansgrohe reported sales of 1.077 billion Euro (2016: 1.029 billion Euro). The company employs about 4,962 people, 40% outside of Germany. Hansgrohe manufactures its products in factories in the United States, G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hemer
Hemer is a town in the Märkischer Kreis district, in North Rhine-Westphalia, Germany. Geography Hemer is located at the north end of the Sauerland near the Ruhr river. The highest elevation, at 546 metres (1,791 ft), is in the ''Balver Wald'' in the south of the city. The lowest elevation, at 160 metres (525 ft), is at the ''Edelburg'' in the northeast. History Burial mounds show that around 1250 BC, Bronze Age shepherds and farmers lived in the area. Graves from the time of the Merovingian Franks around the year 650 were found near the present city centre. Hemer was first mentioned in 1072 by its old name ''Hademare'' in a document of bishop Anno II of Cologne, granting lands to the newly founded Benedictine Grafschaft Abbey, including St. Vitus's church and two farms, the later '' :de:Haus Hemer'' and the '' :de:Hedhof''. In 1124 the parish of St. Vitus was separated from the parish of Menden. Hemer remained an unimportant settlement without market rights, even ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lixil Group
is a Japanese group of companies that manufactures building materials, plumbing fixtures and housing equipment, headquartered in Tokyo. is one of the major Lixil companies. Most of Lixil's plumbing fixtures are sold under the brand. Other Lixil companies include American Standard, Permasteelisa, Grohe, etc. History The company was formed in 2011 by the merger of Tostem Corp. (a supplier of building materials), INAX (manufacturer of toilets and bathtubs), Shin Nikkei (maker of materials for skyscrapers), Sunwave (a kitchen company) and Toyo Exterior (manufacturer of gates and fences). In the same year Lixil bought Permasteelisa, an Italian developer of curtain walls, for €575 million. Two years later Lixil bought American Standard Brands, a U.S. bathroom fixtures company for $542 million and in 2014 Grohe, the German bathroom fixtures company for €3.06 billion. It also started manufacturing in Andhra Pradesh, India. On 6 November 2018, LIXIL announced a new partnersh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Democratic Party Of Germany
The Social Democratic Party of Germany (german: Sozialdemokratische Partei Deutschlands, ; SPD, ) is a centre-left social democratic political party in Germany. It is one of the major parties of contemporary Germany. Saskia Esken has been the party's leader since the 2019 leadership election together with Lars Klingbeil, who joined her in December 2021. After Olaf Scholz was elected chancellor in 2021 the SPD became the leading party of the federal government, which the SPD formed with the Greens and the Free Democratic Party, after the 2021 federal election. The SPD is a member of 11 of the 16 German state governments and is a leading partner in seven of them. The SPD was established in 1863. It was one of the earliest Marxist-influenced parties in the world. From the 1890s through the early 20th century, the SPD was Europe's largest Marxist party, and the most popular political party in Germany. During the First World War, the party split between a pro-war main ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sher ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayuttha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portugal
Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of the Azores and Madeira. It features the westernmost point in continental Europe, and its Iberian portion is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain, the sole country to have a land border with Portugal. Its two archipelagos form two autonomous regions with their own regional governments. Lisbon is the capital and largest city by population. Portugal is the oldest continuously existing nation state on the Iberian Peninsula and one of the oldest in Europe, its territory having been continuously settled, invaded and fought over since prehistoric times. It was inhabited by pre-Celtic and Celtic peoples who had contact with Phoenicians and Ancient Greek traders, it was ruled by the Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operating Profit
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses. Formula *EBIT = (net income) + interest + taxes = EBITDA – (depreciation and amortization expenses) *operating income = ( gross income) – OPEX = EBIT – (non-operating profit) + (non-operating expenses) where *EBITDA = earnings before interest, taxes, depreciation, and amortization *OPEX = operating expense Overview A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA) and EBIT), and then determines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartel
A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market. Cartels are usually associations in the same sphere of business, and thus an alliance of rivals. Most jurisdictions consider it anti-competitive behavior and have outlawed such practices. Cartel behavior includes price fixing, bid rigging, and reductions in output. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Etymology The word ''cartel'' comes from the Italian word '' cartello'', which means a "leaf of paper" or "placard", and is itself derived from the Latin ''charta'' meaning "card". The Italian word became ''cartel'' in Middle French, which was borrowed into English. In English, the word was originally used for a written agreement between warring nations to regulate the treatment and exchange of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
