SCHOCK acquires The 1810 Company
Regen (Germany) / Mold (United Kingdom), 31 March 2022 - SCHOCK, a Triton Fund V portfolio company and innovative German manufacturer of premium quartz composite kitchen sinks and supplier of mixer taps, acquired UK kitchen sink and tap supplier The 1810 Company effective March 31st, 2022..
The 1810 Company was founded in 2009 by managing director Gareth Williams. Its offices and warehousing facility are located in Mold, North Wales. The company also showcases its products in a dedicated trade showroom in the Business Design Centre in Islington, London. The acquisition gives SCHOCK the opportunity to expand its sales footprint in the UK.
‘The 1810 Company’s strong position in the UK market gives us the perfect platform to build on. Its products, ethos and knowledge of the UK market are exemplary and we are looking forward to working together in the future,’ says Ralf Boberg, CEO of SCHOCK.
Gareth Williams, managing director of The 1810 Company, adds, ‘I have always had lots of admiration for the originality and strength of the SCHOCK brand and its patent-pending and award-winning recyclable quartz sink technology. We see great opportunity in combining the strengths of both brands and our joint compelling product offering, making us a leading supplier of kitchen sinks and taps in the UK. We are very excited about the future and are looking forward to developing both brands to their full potential.’
The 1810 Company will continue to operate under the current management team and will market its products alongside the SCHOCK brand.
The parties have agreed not to disclose the purchase price and details of the transaction. The right framework for the geographical expansion was created by the acquisition of Schock GmbH by investment company Triton in March 2021.
About SCHOCK
Founded in 1924, SCHOCK is the inventor of the quartz composite sink and has been setting new standards in technology and quality in the field for more than 40 years. The company’s innovative strength is impressively underlined by its many patents. In keeping with SCHOCK’s Colour Your Life motto, the product range includes over 200 sink models in more than 40 colours. Besides kitchen sinks, SCHOCK also offers high-end mixer taps. Customers in over 70 countries put their trust in SCHOCK products produced at the company’s headquarters in the Bavarian Forest. Under their SINK GREEN strategy, SCHOCK developed a premium sink material in 2020 that consists of ~99% natural, renewable or recycled raw materials and redefines sustainability in the kitchen sink market.
For further information: www.schock.de/en
About The 1810 Company
The 1810 Company is a highly reputed supplier of quality kitchen sinks, taps and accessories. Since forming in 2009, The 1810 Company has become a major kitchen sink and tap supplier in the UK. The 1810 Company’s constant evolvement, product development and unrelenting enthusiasm have deemed it a fast growing and innovative company in the UK kitchen industry. The 1810 Company’s head office, extensive warehousing facility and distribution centre is in Mold, North Wales. The 1810 Company has a trade showroom in the Business Design Centre, Islington, London.
For further information: https://www.the1810company.co.uk
About Triton
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial tech, services, consumer and healthcare sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth.
The 48 companies currently in Triton's portfolio have combined sales of around EUR 17.2 billion and employ around 102,900 employees.
For more information, visit: www.triton-partners.com
