Lixil mulls another overseas takeover

Jan 8, 2014

Lixil mulls another overseas takeover

by and

Lixil Group Corp., which agreed to buy bathroom-fixture makers American Standard Brands and Grohe Group last year, is studying another overseas acquisition to boost revenue from emerging markets. The planned deal will help Tokyo-based Lixil achieve its target of increasing sales from emerging markets ...

Sep 26, 2013

Lixil to pay $4 billion for Grohe of Germany

German sanitary fittings maker Grohe said Thursday that housing and building materials company Lixil has agreed to take it over in a deal valuing the German group at €3.06 billion ($4.1 billion). Grohe “has entered into an agreement with Lixil and Development Bank of ...

Aug 9, 2013

Cyberterror threat stalks Japan's high-end toilet users


Cyberterrorists could strike at your most vulnerable and least expected moment because of a glitch in a smartphone-controlled high-tech toilet system manufactured in Japan. According U.S. security firm Trustwave, high-end Lixil Corp. toilets, which can be controlled with Android smartphones, could easily be hacked ...