Sale of majority stake to
Easy Sanitary Solutions
Sole Financial AdviserKempen acted as Sole Financial Adviser to Easy Sanitary Solutions in the sale of a majority stake to Hansgrohe SE and its US majority shareholder Masco Corporation.
Kempen acted as Sole Financial Adviser to the family-owners of Easy Sanitary Solutions (ESS) in the sale of a majority stake to Hansgrohe. ESS will be building upon a strong portfolio of barrier-free showering products and bathroom wall niches. Parties join forces in creating and expanding an integrated portfolio of water management and storage solutions for the bathroom of the future.
Transaction highlights
- ESS is the inventor, developer and manufacturer of Easy Drain shower channels and offers a wide range of high-quality bathroom drain designs, wall niches and bathroom accessories, which have been awarded by numerous design- and innovation awards
- Additionally ESS is a key expert in technical bathroom drain solutions, developing integrated and modular solutions for the barrier-free bathroom of the future
- The innovative company character, strong R&D capabilities and registered intellectual property lead to the continuous launch of new product lines
- ESS complements the product portfolio of Hansgrohe, which is a leading manufacturer of showers, shower systems, bathroom and kitchen fittings and kitchen sinks. Hansgrohe is owned by the Grohe family and Masco, a global manufacturer of home improvement and building products and listed on the New York stock exchange
- Hansgrohe acquires a majority stake in the company, and ESS and Hansgrohe will join forces to further strengthen the market position, expand geographically and become a competence center to develop new state-of-the-art bathroom drain solutions
- Kempen advised and assisted the sellers throughout the entire sale process and structuring of the transaction
Kempen Corporate Finance
- This transaction underpins Kempen’s strong position as sell side M&A adviser and dedication to stand by Van Lanschot Kempen’s clients throughout all stages in the company lifecycle
- The selling shareholders benefit from Kempen’s experience and focus on complex, cross-border transactions where long-term shareholder interest is safeguarded. Amidst a challenging environment of economic uncertainties due to the pandemic, Kempen managed to protect the optimal risk-reward balance for both the sellers and buyers
- The transaction emphasizes Kempen’s commitment to strong local, family-owned, and private SME business and follows a successful number of transactions during the last 12 months for clients including MillPanel, TîcketSwap, Reggeborgh and Medsen Ceban
- Over the last 12 months, Kempen advised on 41 transactions with an aggregate transaction value of over €24 billion
Contact
Read more on:
Transactions
No transactions found
Private Placement
US Public Offering
Initial Public Offering
US Public Offering
Accelerated Bookbuild Offering
Accelerated Bookbuild Offering
Initial Public Offering
Debt financing
US Public Offering
US Public Offering
Green Revolving Credit Facility
Sale to
Combination with
Accelerated Bookbuild Offering
Sale to
Accelerated Bookbuild Offering
Non-listed equity capital raising
Sale of majority stake to
Secondary Sell-Down in Calliditas Therapeutics
Capital increase
Initial Public Offering
Capital Increase
European FinTech
IPO
Accelerated Bookbuild Offering
Private Placement of shares in
Bridge financing
Undisclosed
Initial Public Offering
Rights issue
Accelerated Bookbuild Offering
US Public Offering
Accelerated Bookbuild Offering
US Public Offering
Merger with Arya Sciences Acquisition Corp. and subsequent Nasdaq listing
acquisition of
Initial Public Offering
Private Placement
Private Placement
Accelerated Bookbuild Offering
Global Accelerated Bookbuild Offering
Accelerated bookbuild offering
Sale of 456 unit landmark residential project in prime location The Hague
acquired by
public offer for
Sale and capital increase
and
Sale of Dutch residential development to
Global Offering
Accelerated Bookbuild Offering
Public takeover of
Sale of
to
Accelerated Bookbuild Offering
Capital increase
Global offering
Rights issue
Initial Public Offering on NASDAQ
Secondary placing of Fagron shares
Rights issue
a subsidiary of
Sale of German DIY portfolio to REDOS acting on behalf of Union Investment
Accelerated bookbuild offering
Accelerated Bookbuild Offering on behalf of selling shareholders in
Three-day bookbuild offering
Rights issue
Acquisition of
Initial Public Offering
Accelerated Bookbuild Offering
Block trade in argenx shares
a subsidiary of
Sale of German retail portfolio to a real estate private equity firm
Sale of Dutch residential portfolio managed by
on behalf of investors to
Sale of
to
Bencis Capital Partners
Increase of stake in
Initial Public Offering
Acquisition of
Acquisition of
Acquisition of
Capital increase
Block trade in ERYTECH shares
Initial public offering
Accelerated bookbuild offering
Initial public offering
Acquisition of
Block trade in Boskalis shares
US public offering
US public offering
Sale to
US public offering
Sale of Rabo Bouwfonds CIF datacenter portfolio
to
Initial public offering
Acquisition of former Delta Lloyd portfolio from
Rights issue
Public offer for
Fundraise
Accelerated bookbuild offering
Public offer by German ADLER Real Estate
for Israeli
Public offer by German Vonovia
Sale of Dynamic Portfolios
Public offer by Spanish Colonial
for Spanish Axiare Real Estate
Accelerated bookbuild offering
Sale of 3 German residential portfolios by
to consortium of buyers
Accelerated bookbuild offering
US public offering
Accelerated bookbuild offering
Secondary offering
Accelerated bookbuild offering
Accelerated bookbuild offering
Acquisition by
of
Acquisition of
by
Private placement
Acquisition by
of
Dutch wealth management activities
Acquisition by
of
from
Accelerated bookbuild offering
Initial public offering on NASDAQ
Share buy-back program
Acquisition by
of
Accelerated bookbuild offering
Secondary placement of 9.4% stake in
Public offer by
for
Public offer by German Vonovia
For Austrian Conwert
Secondary placement of 15% stake in
Formation of Passoã joint venture with
Accelerated bookbuild offering
Rights issue
Sale of 19% stake in
Accelerated bookbuild offering
Acquisition of the North American rights to RUCONEST by
from
Acquisition by
of
from
Strategic study
Secondary placement 30% stake in
Share buy-back program
Direct share placement
Private placement
Strategic study
Sale of the European veterinary business of
to
Strategic study
Private placement
Placement of treasury shares
Public offer for Deutsche Office
By German Alstria
Public offer for
Initial public offering
Rights issue
Rights issue
Initial public offering
Rights issue
Sale of
to
Residential portfolio sale by Dekor
A company owned by Reggeborgh
Rights issue
Accelerated bookbuild offering
Secondary placement of 35% stake in IOW
Accelerated bookbuild offering
Refinancing
Rights issue
Refinancing
Capital Raise
Initial public offering
Acquisition by
of
Refinancing
Initial Public Offering
Initial public offering
Rights issue
On behalf of
Acquisition of
Rights issue
Acquisition of French shopping centre portfolio by Wereldhave
From French-Dutch Unibail-Rodamco
Refinancing
Acquisition of the cancer immunotherapy program by
from
Initial public offering
Initial public offering
Public offer by French Groupe SMABTP
For French Société de la Tour Eiffel
Acquisition of
by
Secondary listing on Euronext Paris
Initial public offering
Acquisition by
of
Accelerated bookbuild offering
Convertible bond issue
Fairness opinion in the public offer by
Sale of Hercules business to ZEG
Refinancing
Convertible bond issue
Initial public offering
Sale of Dutch supply assets to
Accelerated bookbuild, preference shares issue and refinancing
Acquisition of
by
undisclosed PE firm
from
At-market rights issue
Acquisition by
of
Accelerated bookbuild offering
Private placement by acquisition vehicle for French Carrefour
Secondary offering
Combined offering of primary and secondary shares
Public offer for German listed GSW
by German listed
Initial Public Offering
Equity issue
Refinancing
Sale of majority of shares to
Accelerated bookbuild offering
Initial public offering
Secondary offering
Accelerated bookbuild offering
Public offer by
for
Private placement
Public offer by
for
Rights issue