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Hansgrohe AG celebrates its 110th anniversary
Hansgrohe, bathroom fittings and showerhead manufacturer, celebrates its 110th anniversary this month.
Founded in 1901 by Hans Grohe as a three-man metal spinning company in the Black Forest village of Schiltach, Germany, Hansgrohe AG has over 3,200 employees and subsidiaries in 37 countries worldwide.
In 2010, company sales rose by 13.5% to EURO693 million.
“Our sights are firmly fixed on the billion mark as an interim sales target. In our sector, which is influenced by a majority of medium-sized businesses, only a few companies have grown thanks to their efforts in recent years as dynamically and profitably as Hansgrohe AG,” said Siegfried Gaensslen, CEO, Hansgrohe AG.
“Results for the first months of the current year confirm that this development is likely to continue throughout 2011.New orders for the domestic German and international market are significantly above their peak compared to last year.”