INAX toilet repulsion 1.12 billion euros buy American standard 9 countries in Asia Pacific business

INAX (Japan INAX) on May 18, held the Board of Directors, decided at International Holdings IdealStandard SARL (hereinafter referred to as 「introduction ISI 」) access to the company's American standard companies responsible for the management of the business in Asia Pacific Department. At the same time, signed the ISI and achieved a total of eight business objects Enterprise Co. and intellectual property rights of the contract. Thus, INAX will be China, Thailand, Korea, Indonesia, Philippines, Viet Nam, and Singapore, India, Australia for a total of nine national career positions and 5 countries of 10 plants (four factories in China).

This is by far, ceramic sanitary ware industry in Asia's largest acquisition, INAX seize the opportunity of world economic crisis to reasonable prices obtained American Standard Pacific 9 States of a valid channel networks and initiative.