Roca Group Acquires the German Company Innotec to strengthen its sanitary installation systems business
02/09/2024
Roca Group, a world leader in the design, production, and marketing of bathroom products, has acquired Innotec Systemelemente GmbH, German manufacturer of modular solutions for integrating structural elements in the bathroom.
The purchase has been completed through Sanitärtechnik Eisenberg GmbH, the German subsidiary of Roca Group specialist in bathroom installation systems.
The purpose of the acquisition is to develop the business linked to bathroom installation systems, integrating it into the overall activities of the Group, creating synergies, and promoting innovation in this area. For Roca Group this acquisition is a strategic move due to the complementarity of Innotec’s activities with its own portfolio and its growth potential in Europe and the EMEA region.
Innotec offers a wide range of products that fit within Roca Group’s portfolio and supply chain, including modular solutions for integrating structural elements in the bathroom and other robotically welded fastening solutions.
The company, located in Grossenhain (Germany), has a workforce of 68 employees and reported a turnover of 24.7 million euros in 2023.
About Roca Group
Roca Group, home to renowned brands like Roca and Laufen, stands as a global leader in the design, production, and marketing of bathroom products for architecture, construction, and interior design. Established in Barcelona in 1917, the company blends tradition and expertise with innovation and environmental respect, all aimed at fulfilling people's needs and improving society’s well-being.
With sustainability as the cornerstone of its operations, Roca Group infuses this culture into every facet of its activities across the 170 countries it serves and within its 79 manufacturing facilities. This commitment is upheld daily by its 20,000 employees, united to ensure a better planet for future generations. The group has achieved Gold Medal recognition from EcoVadis, the most trusted provider of business sustainability ratings, for outstanding sustainability performance.
As a family-owned enterprise, the group holds market leadership positions in Europe, Latin America, and India, while also maintaining a robust presence in Asia, the Middle East, Australia, and Africa. This global footprint solidifies its status as an industry frontrunner worldwide.