Marmorin Becomes Part of SCHOCK
SCHOCK, the innovative manufacturer of quartz composite sinks and supplier of high-grade mixer taps, has acquired Marmorin, the Polish manufacturer of bathroom and kitchen products from quartz composite materials. The acquisition is a key part of SCHOCK’s growth strategy. Terms and conditions of the transaction are not disclosed.
Marmorin, a family business founded in 1985 and headquartered in Wschowa (Poland), manufactures freestanding bathtubs as well as washbasins and shower trays, all of which are particularly popular in North America. “Marmorin offers outstanding products, great material and design know-how and a customer base that will enable us to tap further potential in the United States. The acquisition underlines our ambition to further expand our position in this key growth market,” says Ralf Boberg, CEO of SCHOCK. Marmorin too views the change of ownership in a positive light: “We have known and appreciated each other for a long time,” says Jakub Hrab, CEO of Marmorin. “With SCHOCK, we have found the right partner to drive our growth in the USA.” With the acquisition of SCHOCK GmbH by investment firm Triton in March 2021 the prerequisites to further accelerate the geographic expansion were created. The acquisition of Marmorin was negotiated in close cooperation between SCHOCK’s management and the Triton team.
Founded in 1924, SCHOCK is the inventor of the quartz composite sink and has been setting new standards in technology and quality in the field for more than 40 years. The company’s innovative strength is impressively underlined by its many patents. In keeping with SCHOCK’s Colour Your Life motto, the product range includes over 200 sink models in more than 40 colours. Besides kitchen sinks, SCHOCK also offers high-end mixer taps. Customers in over 70 countries put their trust in SCHOCK products produced exclusively at the company’s headquarters in the Bavarian Forest. Under their SINK GREEN strategy, SCHOCK developed a premium sink material in 2020 that consists of ~99% natural, renewable or recycled raw materials and redefines sustainability in the kitchen sink market. For further information, see www.schock.de/en
Established as a business in 1985, the Polish company has brought a wide spectrum of beautiful bathroom and sanitary products to market in the intervening years. As a manufacturer with an international reputation, Marmorin produces not only high-grade bathtubs but also shower trays, washbasins and kitchen sinks. The company’s production methods are constantly evolving and Marmorin design is a successful blend of human creativity and modern technology. The manufacturer creates products in the in-house design studio and cooperates with the best Polish designers. For further information, see www.marmorindesign.pl/en/
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer and healthcare sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth. The 50 companies currently in Triton’s portfolio have combined sales of around EUR 18.1 billion and employ around 104,500 employees. For further information, see www.triton-partners.com