INITIUM has successfully completed a Management Buy-Out of RIHO, a leading bathroom products manufacturer, with plans for accelerated growth and international expansion.
Information on the Target
INITIUM proudly announces its first successful investment through a Management Buy-Out at RIHO, a distinguished manufacturer of modern and high-quality bathroom products. After nearly 40 years of operation under the ownership of the Dutch Janssen family, the company has transitioned to the hands of the existing management team, with INITIUM acting as the financial strategic partner.
Under the leadership of an experienced management team, including CEO Guy Claesen, CFO Dankfried Verhage, CPO Bardo Govaarts, and CCO Ronald Kloppenburg, INITIUM intends to contribute to the further development and international growth of RIHO. Together, they aim to elevate RIHO to new heights in the industry.
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Industry Overview in the Target’s Specific Country
RIHO has established itself as a leading player in the sanitary industry, offering a wide range of contemporary bathtubs, shower screens, shower trays, and bathroom furniture. With nearly four decades of expertise and a commitment to its core v
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INITIUM
invested in
RIHO
in 2024
in a Management Buyout / Buy-In (MBO) deal