Oras Invest subsidiary Oras Group and German sanitary ceramics and taps manufacturer Villeroy & Boch Group announced on July 11, 2025 that they have come to an agreement regarding the acquisition of Villeroy & Boch Group´s Northern European Gustavsberg and Vatette businesses.
The deal includes both brands and all operations in Northern Europe including the production plant and warehouse in Sweden. Upon completion, the transaction will see 330 Gustavsberg and Vatette employees join Oras Group.
With the deal Oras Group strengthens its position as a leading supplier of bathroom sanitary fittings in Northern Europe and strategically expands into a complete bathroom supplier, with a portfolio ranging from faucets to bathroom furniture.
In 2024, Gustavsberg and Vatette branded net sales were 92.7 Million Euros, while Oras Group´s sales totaled 200.2 Million Euros.
The transaction is expected to be closed Q3/2025. The parties have agreed not to disclose the transaction value.
