LIXIL Water Technology is part of the LIXIL Corporation that has now received all relevant regulatory clearances to commence global operations as four core businesses. The businesses are LIXIL Water Technology, which has the widest global reach; as well as LIXIL Housing Technology; LIXIL Building Technology and LIXIL Kitchen Technology.This reorganization will accelerate LIXIL’s globalization and growth efforts. With its global brands GROHE, American Standard, JOYOU and LIXIL/INAX, LWT commands leading market positions in the most important core markets.
“One of LIXIL Water Technology’s special strengths lies in pooling our broad-based, proven expertise,” said David J. Haines. “All of the brands in our global business will benefit from this cumulative know-how, giving them the ideal springboard for successful development and growth going forward. At the same time, each brand value will continue to prevail, and the brands themselves will remain independent within LWT.”
The American Standard Brands leadership remains unchanged, with Steve Delarge as acting CEO. “This new model will be enhancing our relationship with customers as the benefits of our global scale and leadership improve our ability to meet their expectations,” Delarge said.