Management Buy-Out

RIHO ready for the future through Management Buy-Out

Together we strive to take RIHO to the next level!

RIHO, a leading manufacturer of bathroom products, proudly announces a new chapter in its almost 40-year history with a management buy-out. The current management team is taking over the family business, which was owned by the Jansen family for almost 40 years. This strategic acquisition is supported by INITIUM, which acts as the new main shareholder and financial partner.

Vision for the future
The management team, consisting of CEO Guy Claesen, CFO Dankfried Verhage, CPO Bardo Govaarts and CCO Ronald Kloppenburg, will continue to chart RIHO's course together with INITIUM. The focus is on further development while maintaining high standards in terms of quality, design and efficiency.

Reliable partner
Over the years, RIHO has built up a solid reputation as an important player in the sanitary sector. The company offers a wide range of contemporary baths, shower screens, shower trays and bathroom furniture, and has a strong presence in Europe with almost 1,600 points of sale. The company is present in the Netherlands, Belgium, Germany, Poland, the Czech Republic and Hungary.

Cooperation between RIHO and INITIUM
The cooperation between RIHO and INITIUM originated in a meeting between CEO Guy Claesen and Maarten Bynens. This meeting led to a shared vision to further accelerate the growth of RIHO. The entire management team has committed itself to this strategic acquisition, which guarantees the continuity and growth of the company. RIHO looks to the future with confidence and looks forward to a successful cooperation.

Together they are committed to realizing the further growth and international expansion of RIHO.

Together we strive to take RIHO to the next level!
— Guy Claesen, CEO RIHO International