News from the big mobile toilet business (Dixi toilets, Germany)
3686 views
Page selection:
Time to create page: 0.059 seconds
New on SuSanA Forum?
We use cookies on our website. Some of them are essential for the operation of the site (so called session cookies), while others help us to improve this site and the user experience (tracking cookies). We use the application Matomo and the external service etracker to analyze your behavior on our website anonymously. Because we value your privacy, we are here with asking your permission to use the following technologies. You can change your settings any time via this link or the menu item in footer menu. For more information visit our Data Policy
To use the Google Translation function we need to know if you agree to use those external service. You can change your settings any time via this link or the menu item in footer menu. For more information visit our Data Policy
The automatic translation service in the sidebar on this website is performed by Google Translate, a third-party service which we have no control over. Google collects, stores and processes information to provide users with better services. By using the services of Google Translate you express your explicit consent that your data will be transmitted, stored, processed etc. according to Art. 6 (1) (a) DSGVO/GDPR.
The "business with the business" gets a new owner: financial investor Apax has secured the majority in the Ratinger toilet house manufacturer ADCO.
The manufacturer of "Dixi" and "ToiToi" portable toilets, the Ratinger ADCO group, gets a new owner. Financial investor Apax acquires the majority stake in the family business, which claims to be the "world leader in mobile sanitary equipment". However, ADCO retains a "significant" minority stake.
ADCO chief executive Renate Gerstenberg said the partnership with Apax should "provide our company with the existing shareholders a long-term growth perspective". This includes strengthening the portfolio in existing markets as well as looking for new development potential.
According to financial circles, the company with more than 4,000 employees from Ratingen near Düsseldorf is valued at the sale with around 800 million euros. Apax prevailed in the bidding competition against the financial investors EQT, Triton and the Belgian Core Equity Holdings.
Entrepreneur Harald Georg Müller, who died five years ago, founded ToiToi in 1983. In 1997, ToiToi merged with the sanitation service provider DIXI to form the ADCO group of companies, which subsequently became the world market leader.
ADCO not only manufactures its more than 300,000 mobile toilets, it also rents and cleans them. In the current year, the company expects sales of 360 million euros and an operating profit of about 100 million.
Please Log in to join the conversation.
You need to login to reply