Villeroy & Boch Experiences Revenue Boost Following Ideal Standard Acquisition

UK: Villeroy & Boch has announced a large increase in revenue for the first quarter of the year, citing its recent acquisition of Ideal Standard. The company achieved combined revenue of $300 million, representing a more than 20% rise over its financial results from same time last year. According to the corporation, Ideal Standard contributed $61 million in total consolidated revenue. Villeroy & Boch announced plans to acquire Ideal Standard at the end of last year. It stated that the acquisition would transform the merged firm into one of Europe's largest manufacturers of washroom items.