American Standard Brands

Last updated

American Standard Brands
Company type Private
Industry Manufacturing
Predecessor American Standard Companies
Founded2008;16 years ago (2008)
Headquarters
Piscataway, New Jersey
,
U.S.
Key people
Steven P. Delarge (CEO)
Products Plumbing fixtures
Owners
Website americanstandard-us.com

American Standard Brands is a North American manufacturer of plumbing fixtures, based in Piscataway, New Jersey, United States. It is principally owned by the Lixil Group, with Bain Capital Partners holding a minority stake. The company was formed as American Standard Americas from the North American operations of the kitchen and bathroom division of the American Standard Companies during a breakup of the company in 2007. Crane Plumbing and Eljer were merged into the company in 2008 creating American Standard Brands.

Contents

In addition to its namesake American Standard brand, the company also produces products under the Crane, Eljer, Fiat, Sanymetal, and Showerite brands.

History

A 1965 American Standard Washal urinal branded as "Standard" next to a newer Washbrook model. American Standard Toilet Urinals.jpg
A 1965 American Standard Washal urinal branded as "Standard" next to a newer Washbrook model.

On February 1, 2007, American Standard Companies announced it would break up its three divisions. The plan included the sale of its kitchen and bath division and the spin off of WABCO Holdings, American Standard's vehicle controls division, while retaining the Trane Company.

On October 31, 2007, American Standard announced it had completed the sale of the kitchen and bath division to Bain Capital Partners, LLC. This included the sale of the American Standard name to Bain.

In the meantime, American Standard retained the rights to use the "American Standard" name for HVAC products. American Standard subsequently changed its name to Trane on November 28, 2007. [1] Later in 2007, Ingersoll Rand bought Trane, acquiring the Trane and American Standard brand names. Ingersoll Rand has continued to produce HVAC equipment under both names.

Bain Capital created American Standard Americas from the North American units of the bath and kitchen business units acquired from American Standard Companies. [2] Bain sold a majority stake in American Standard Americas to Sun Capital Partners on November 27, 2007. [3]

In February 2008, American Standard Americas merged with two other plumbing fixture companies, Crane Plumbing and Eljer to create American Standard Brands. [4] The Crane Plumbing unit includes the former Universal-Rundle product line which Crane acquired in 1995 and continues to support with repair parts. [5] Crane also has a Canadian subsidiary Crane Plumbing Corporation.

In June 2013, the Japanese firm Lixil Group agreed to purchase American Standard Brands from Sun Capital Partners. [2]

In 2015, American Standard was recognized for the top spot for "Brand Familiarity" in Bathroom Accessories category by the Builder Magazine. [6]

See also

Related Research Articles

Dresser Industries was a multinational corporation headquartered in Dallas, Texas, United States, which provided a wide range of technology, products, and services used for developing energy and natural resources. In 1998, Dresser merged with its main rival Halliburton. Halliburton sold many of former Dresser non "oil patch" divisions, retaining the M W Kellogg Engineering and Construction Company and the Dresser oil-patch products and services that complemented Halliburton's energy and natural resource businesses. In 2001 Halliburton sold five separate, but somewhat related former Dresser non "oil patch" divisions, to an investment banking firm. Those five operations later took the name "Dresser Inc." In October 2010, Dresser Inc., was acquired by General Electric. It is headquartered in Addison, Texas.

<span class="mw-page-title-main">Kohler Co.</span> American manufacturing company in Wisconsin

Kohler Co., founded in 1873 by John Michael Kohler, is an American manufacturing company based in Kohler, Wisconsin. Kohler is best known for its plumbing products, but the company also manufactures furniture, cabinetry, tile, engines, and generators. Destination Kohler also owns various hospitality establishments in the United States and Scotland. In February 2017, Kohler Co. acquired UK-based Clarke Energy from the management team and ECI Partners, a multinational specialist in the engineering, construction, installation, and maintenance of engine-based power plants and is an authorized distributor of GE's reciprocating engines in 19 countries worldwide. In November 2023, it was announcing that Kohler is establishing the Energy group independently and would be bought in a complex partnership with private equity group Platinum Equity, the deal is slated to close in Q1 2024.

Ferguson plc is an American-British multinational plumbing and heating products distributor with its head office in Newport News, Virginia.

<span class="mw-page-title-main">Armitage Shanks</span> British bathroom & plumbing manufacturer

Armitage Shanks is a British manufacturer of bathroom fixtures and plumbing supplies, now part of the group Ideal Standard.

American Standard may refer to:

Bain Capital, LP is an American private investment firm based in Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, crypto, tech opportunities, partnership opportunities, special situations, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia.

Hughes Supply Incorporated was a very large wholesaler of construction supplies operating in 40 of the United States and two Canadian provinces. In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion deal. Hughes Supply was integerated into the Home Depot division known as HD Supply. In June 2007, Home Depot sold its supply unit for $10.3 billion to a consortium of three private equity firms, The Carlyle Group, Bain Capital and Clayton, Dubilier & Rice, each agreeing to buy a one-third stake in the division. Home Depot sold its wholesale construction supply business, HD Supply to fund a stock repurchase estimated at $40 billion. HD Supply did not change its name back to Hughes so the HD in HD supply is now known as Heart and Dedication or Huge Discounts.

American Standard Companies Inc. was a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, plumbing fixtures, and automotive parts. The company was formed in 1929 through the merger of the American Radiator Company and Standard Sanitary Manufacturing Company forming the American Radiator and Standard Sanitary Corporation. The name was simplified to American Standard in 1967.

<span class="mw-page-title-main">Ideal Standard</span> Multinational bathroom, sanitary ware and plumbing fixture company.

Ideal Standard is a privately held multinational plumbing fixture company headquartered in Belgium.

<span class="mw-page-title-main">Travis Perkins</span> British builders merchant and home improvement retailer

Travis Perkins plc is a British builders' merchant and home improvement retailer with head offices based in Northampton. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index. Through its Toolstation subsidiary, the group also has operations in mainland Europe.

Delta Faucet Company is an American manufacturer of plumbing fixtures and plumbing materials. It is a subsidiary of Masco Corporation. It manufactures and markets faucets, kitchen sinks, bath/shower fixtures, and toilets under the Delta, Kraus, Peerless, and Brizo brand names.

<span class="mw-page-title-main">Ferguson Enterprises</span> American plumbing and heating company

Ferguson, LLC, headquartered in Newport News, Virginia, United States, is the largest U.S. distributor of plumbing supplies, PVF, waterworks and fire and fabrication products. It is also a major distributor of HVAC equipment and industrial products and services. It ended the 2019 fiscal year with sales of $18.4 billion. This is an increase of 12.2 percent from the previous fiscal year.

Clark Equipment Company was an American designer, manufacturer, and seller of industrial and construction machinery and equipment.

Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc and its merger with Gardner Denver. Its products are sold under more than 40 brands across all major global markets.

<span class="mw-page-title-main">Trane</span> Subsidiary manufacturer of HVAC systems

Trane is a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, along with building management systems and controls. The company is a subsidiary of Trane Technologies, a company focused on manufacturing HVAC and refrigeration systems. Trane employs more than 29,000 people at 104 manufacturing locations in 28 countries, and has annual sales of more than US$8 billion.

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they only fill the niche roles. WABCO was acquired by ZF Friedrichshafen in May 2020.

Trane Technologies plc is an American-Irish domiciled company focused on heating, ventilation, and air conditioning (HVAC) and refrigeration systems. The company traces its corporate history back more than 150 years and was created after a series of mergers and spin-offs. In 2008, HVAC manufacturer Trane was acquired by Ingersoll Rand, a US industrial tools manufacturer. In 2020, the tools business was spun off as Ingersoll Rand and the remaining company was renamed Trane Technologies.

<span class="mw-page-title-main">Lixil Group</span> Japanese building materials and housing equipment manufacturer

Lixil Group is a Japanese group of companies that manufactures building materials, plumbing fixtures and housing equipment, headquartered in Tokyo.

Kohler Kitchen & Bath, a division of the Kohler Company, manufactures kitchen and bath plumbing fixtures. The Kohler Kitchen & Bath Group has locations in Wisconsin, Pennsylvania, Oregon, Canada, and France.

Sterling Plumbing is the brand-name of a line of plumbing products manufactured by Kohler Co. The company designs and manufactures a diverse selection of product for the kitchen and bath, including faucets, toilets, sinks, whirlpool tubs, shower doors and bathroom accessories.

References

  1. ↑ "American Standard Companies Announces Completion of Sale of Bath and Kitchen Business to Bain Capital" (Press release). Piscataway, NJ, USA: American Standard Companies. October 31, 2007. Archived from the original on November 3, 2007. Retrieved June 30, 2013.
  2. 1 2 Hagerty, James R. (June 28, 2013). "Japanese Toilet Maker Lixil Buys American Standard". The Wall Street Journal . p. B3.
  3. ↑ "Sun Capital Partners to Acquire a Majority Interest in American Standard Americas" (Press release). Boca Raton, Florida, USA: Sun Capital Partners. November 21, 2007. Archived from the original on May 6, 2009.
  4. ↑ "American Standard America, Crane Plumbing and Eljer Complete Merger, Creating a Leading North American Bath and Plumbing Company" (Press release). Piscataway, NJ, USA: American Standard. March 6, 2008. Retrieved June 29, 2013.
  5. ↑ "Company Information". American Standard Brands. Archived from the original on April 20, 2008.
  6. ↑ "2015 Builder Brand Use Study Results". Builder (magazine). April 9, 2015. Retrieved June 19, 2015.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.