Aliaxis announces agreement to sell its SANIT business to Roca

The SANIT business delivers specialised sanitary products. It operates 3 production facilities in Germany and serves both the German and European markets. With total yearly sales of €75 million, it employs around 400 employees.

This project is subject to the usual antitrust approvals. Aliaxis will continue to operate the SANIT business until completion of the transaction, which is expected in the course of the 3rd quarter of 2021.

The financial details of this transaction will not be disclosed.