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Ideal Standard
Ideal Standard is a privately held multinational plumbing fixture company headquartered in Belgium. It operates primarily in Europe and Latin America. The brand dates back to 1949, when it was used to brand fixtures of the foreign operations of the American Standard group. The "Ideal" name traces back to the "Ideal Boilers" brand used by the American Radiator Company. Overview A new company, known as Ideal Standard International, was formed in 2007 by the sale of the bath and kitchen products businesses of American Standard Companies for $1.745 billion to Bain Capital Partners. The North American and Asian operations of American Standard were sold to Sun Capital and Lixil Group respectively, with the European and Latin American operations retained as Ideal Standard. The company was then restructured, implementing cost-cutting measures, as well as moving some of company's production facilities to Asia and Eastern Europe – a new production site was opened in Bulgaria. The a ...
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Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final p ...
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Bank Of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco. It is the second-largest banking institution in the United States, after JPMorgan Chase, and the second largest bank in the world by market capitalization. Bank of America is one of the Big Four banking institutions of the United States. It serves approximately 10.73% of all American bank deposits, in direct competition with JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to the U.S.-based Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided various banking options to Italian immigrants who faced service discrimination. Originally headquartered ...
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Companies Based In Flemish Brabant
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Private Equity Portfolio Companies
Private or privates may refer to: Music * "In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorded by Ringo Sheena * "Private" (Vera Blue song), from the 2017 album ''Perennial'' Literature * ''Private'' (novel), 2010 novel by James Patterson * ''Private'' (novel series), young-adult book series launched in 2006 Film and television * ''Private'' (film), 2004 Italian film * ''Private'' (web series), 2009 web series based on the novel series * ''Privates'' (TV series), 2013 BBC One TV series * Private, a penguin character in ''Madagascar'' Other uses * Private (rank), a military rank * ''Privates'' (video game), 2010 video game * Private (rocket), American multistage rocket * Private Media Group, Swedish adult entertainment production and distribution company * ''Private (magazine)'', flagship magazine of the Private Media Group ...
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Bathroom Fixture Companies
A bathroom or washroom is a room, typically in a home or other residential building, that contains either a bathtub or a shower (or both). The inclusion of a wash basin is common. In some parts of the world e.g. India, a toilet is typically included in the bathroom; in others, the toilet is typically given a dedicated room separate from the one allocated for personal hygiene activities. In North American English the word 'bathroom' is sometimes used to refer to any room in a residence that contains a toilet, regardless of the inclusion of a bath or shower. Historically, bathing was often a collective activity, which took place in public baths. In some countries the shared social aspect of cleansing the body is still important, as for example with '' sento'' in Japan and the "Turkish bath" (also known by other names) throughout the Islamic world. Variations and terminology The term for the place used to clean the body varies around the English-speaking world, as does the ...
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Standard Sanitary Manufacturing Company
The original Standard Sanitary was formed when James West Arrott of James West Arrott Insurance company in Pittsburgh, Pennsylvania took over a bankrupt hooper company that could not pay their insurance premiums. Along with Francis Torrance (they were related as they married the Waddell sisters) they learned about the enamelization of porcelain in Europe and brought that technique to America by first making bathtubs and then toilets and sinks. It was in the late 1890’s that Standard Sanitary was combined with other plumbing manufacturers to form the Standard Sanitary Manufacturing Company. The Standard Sanitary Manufacturing Company was an American manufacturer of bathroom fixtures. It was formed in 1875 by the merger of the Ahrens and Ott Manufacturing Company, the Standard Manufacturing Company, the Dawes and Myler Manufacturing Company, and 6 other plants which were consolidated to form the Standard Manufacturing Company, headquartered in Pittsburgh, with Theodore Ahrens (Jr ...
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Ideal House, London
Palladium House, formerly known as Ideal House is a grade II listed Art Deco office building located on the corner of Great Marlborough Street and Argyll Street in London. History and description The building was designed in by architects Raymond Hood and Gordon Jeeves in the art deco style as the London headquarters of the National Radiator Company (European subsidiary of the American Radiator Company). Its design was a scaled down version of the American Radiator Building, New York. Built 1928–9, the building is a seven-storey office block, with black granite facing decorated with an inlaid champlevé design with Egyptian influences. The building was extended in 1935. In 1981, it was declared a Grade II Listed Building In the United Kingdom, a listed building or listed structure is one that has been placed on one of the four statutory lists maintained by Historic England in England, Historic Environment Scotland in Scotland, in Wales, and the Northern Irel .... Re ...
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Armitage Shanks
Armitage Shanks is a British manufacturer of bathroom fixtures and plumbing supplies, now part of the group Ideal Standard. In 2004, Armitage Shanks had eight factories in the United Kingdom, the largest in Armitage, Staffordshire. Armitage Shanks is one of the sponsors of the Loo of the Year Awards. History The company that became Armitage Shanks was founded in 1817, by Thomas Bond in Armitage, Staffordshire. The Armitage "sanitary pottery manufacture" became a successful toilet manufacturer in the United Kingdom. In 1907, ''Armitage Ware Limited'' was incorporated. In 1969, Armitage merged with ''Shanks Holdings Limited'', a competing "sanitary engineering company" that was established in 1878 in Barrhead near Glasgow, Renfrewshire, producing the famous brand name Armitage Shanks. In 1980, Armitage Shanks was purchased by Blue Circle Industries, and in February 1999, Blue Circle sold its bathroom division (consisting of Armitage Shanks and the Italian Ceramica Dolomit ...
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Anchorage Capital Group
Anchorage Capital Group (Anchorage) is an American hedge fund based in New York City. The firm is known as one of the world's most prominent vulture funds, funds that invest in distressed securities. Background Anchorage was founded in 2003 by Kevin Ulrich and Tony Davis. Both of them were previously working in the distressed debt business of Goldman Sachs. The firm received $100 million in seed money from Reservoir Capital Group. Later on Davis, left the firm to start a new one named Inherent Group which focused on ESG investments. In December 2021, Anchorage announced it would close its $7.4 billion credit flagship fund (ACP Capital) due to lackluster returns and difficulties in markets such as distressed securities. The firm would move on to focus more on investments related to structured finance like collateralized loan obligations as well as private credit. At the same time, co-founder Ulrich also announced he would be stepping down from his role as CEO to move to a ...
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Credit Suisse
Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " Bulge Bracket" banks providing services in investment banking, private banking, asset management, and shared services. It is known for strict bank–client confidentiality and banking secrecy. The Financial Stability Board considers it to be a global systemically important bank. Credit Suisse is also primary dealer and Forex counterparty of the Fed. Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. It issued loans that helped create Switzerland's electrical grid and the European rail system. In the 1900s, it began shifting to retail banking in response to the elevation of the middle class and competition from fellow Swiss banks UBS and Julius Bär. Credit Suisse partnered with First Boston in ...
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Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Brussels Hoofdstedelijk Gewest), is a region of Belgium comprising 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country and is a part of both the French Community of Belgium and the Flemish Community, but is separate from the Flemish Region (within which it forms an enclave) and the Walloon Region. Brussels is the most densely populated region in Belgium, and although it has the highest GDP per capita, it has the lowest available income per household. The Brussels Region covers , a relatively small area compared to the two other regions, and has a population of over 1.2 million. The five times larger metropolitan area of Brusse ...
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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 partnership ...
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