Retail Observer

October 2016

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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RETAILOBSERVER.COM OCTOBER 2016 46 HANSGROHE SE CELEBRATES ITS 115TH ANNIVERSARY "We have our sights firmly set on the one- billion euro sales mark" Back in June 1901, when Hans Grohe founded a metal spinning workshop in the small town of Schiltach in Germany's Black Forest, he could hardly have imagined that the three-man business would become one of the world's leading manufacturers of bathroom fixtures and showerheads. In fact today, 115 years later, Hansgrohe SE (www.hansgrohe.com) with more than 3,800 employees, 34 subsidiaries and 21 sales offices, is considered one of the most successful companies in the international sanitation industry. "115 years of pioneering spirit, dedicated employees and highly innovative products have made Hansgrohe – The Original – strong," Thorsten Klapproth, chairman of the executive board, explained on the occasion of the 115th anniversary of the founding of the company. He went on to say, "We now want to continue to grow from a position of economic strength and work together to reach new heights." The figures for the early months of the current year confirm that this trend is set to continue in 2016. In fact, order intake from both domestic German and international markets is even greater than the all-time high reported the previous year. The company, whose turnover in 2015 rose by 10 percent to EUR 964 million, is therefore poised to achieve new record sales and earnings. "We have our sights firmly set on the one-billion Euro sales mark," Thorsten Klapproth emphasized. OCTOBER P L U M B I N G [ N E W S ]

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