Vardis Proud To Support Grohe & Credit Suisse & TPG Capital in Appointing Thomas Fuhr as Executive Director Operations
Prior to Grohe, Fuhr was Head of Mercedes' Formula 1 engine arm and Managing Director of Mercedes High Performance Powertrains since 2009.
TPG Capital, the private-equity firm run by David Bonderman and James Coulter, and the Credit Suisse unit purchased Grohe, which calls itself Europe’s largest provider of sanitary fittings, for a reported $1.84 billion from BC Partners Ltd in 2004.
Grohe Holding GmbH engages in the manufacture, sale, and export of sanitary fittings worldwide. It primarily offers kitchen and bathroom fittings, showers, automatic fittings, and installation and flushing systems under the GROHE brand for the commercial and contract sectors, including hotels, residential and commercial, sports and leisure, education, science, healthcare, and transport sectors. The company was formerly known as Grohe AG and changed its name to Grohe Holding GmbH in July 2005. The company is headquartered in Düsseldorf, Germany.