MIRA
INFORM REPORT
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Report Date : |
10.07.2007 |
IDENTIFICATION DETAILS
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Name : |
Hansgrohe
AG |
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Registered Office : |
Auestr.
5-9, 77761 Schiltach, Post Box 1145 |
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Country : |
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Date of Incorporation : |
01.01.1901 |
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Com. Reg. No.: |
HRB 481038 |
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Legal Form : |
Public
Limited Company |
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Line of Business : |
Manufacture
of Taps and Valves |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Maximum Credit Limit : |
EUR 250.000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Hansgrohe AG
Auestr. 5-9
77761 Schiltach
Post Box: 1145
Telephone: 07836/51-0
Telefax: 07836/51-1300
Homepage: www.hansgrohe.com
E-Mail: info@hansgrohe.com
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Public limited company
Date of foundation
01.01.1901
Registered on
14.06.1905
Commercial Register
Local court 70190 STUTTGART 1
Under
HRB 481038
Share capital
EUR 61.156.320,00
Shareholder
MASCO Corp.
USA - Michigan
Legal form: Other legal form
Shareholder
Oliver Grohe
Gutleutweg 49
72275 Alpirsbach
born 08.04.1964
Shareholder
Matthias Grohe
Lenzhalde 83
70192 Stuttgart
born 28.10.1962
Shareholder
Dr. Heinz Mathauer Beteiligungs und
Vermietungs GmbH & Co.KG
77761 Schiltach
Legal form: Ltd partnership with priv. ltd.
Company as General partner
Shareholder
Syngroh Beteiligungsgesell- schaft mbH & Co.KG
Auestr.
77761 Schiltach
Legal form: Ltd partnership with priv. ltd. Company as General
partner
Reg. Data: 13.08.1999
HRA 480833
70190 STUTTGART 1
Shareholder
Masco Germany Holding GmbH
Hinterm Haag 10
69207 Sandhausen
Legal form: Private limited company
Share capital: EUR 10.000.000,00
Reg. Data: 01.07.2002
HRB 337167
68159 MANNHEIM
Employees : 2
President of the Board of Directors
Klaus Grohe
Auestr. 25
77761 Schiltach
having sole power of representation
born 03.04.1937
Marital status: married
Member of the Board of Directors
Otto Schinle
Tannenstr. 17
77761 Schiltach
born 13.04.1949
Occupation: Businessman
Marital status: married
Member of the Board of Directors
Karl-Heinz Hammann
Fichtenweg 6
77761 Schiltach
Member of the Board of Directors
Siegfried Gänßlen
August-Lämmle-Str. 9
73630 Remshalden
Occupation: Management expert
Member of the Board of Directors
Nicholas Matten Dr.-Ing.
77652 Offenburg
born 27.09.1961
Member of the Board of Directors
Richard Grohe
F - Sessenheim
born 14.09.1965
Nation.: French
Vice-president of the Supervisory Board
Thomas Voss
GB London
Nation.: British
Member of the Supervisory Board
Alfred Chini
Wölperwiesenweg 10
72250 Freudenstadt
born 17.08.1924
Occupation: Constructional engineer
Marital status: married
Member of the Supervisory Board
Graham Balls
L Munsbach
Member of the Supervisory Board
Manfred Hübner
77761 Schiltach
born 15.11.1954
Proxy
Norbert Ritter
Hauptstr. 30
77761 Schiltach
Proxy
Horst Josef Flieger
Bickenmäuerle 33/2
77761 Schiltach
authorized to jointly represent the company
born 17.01.1954
Occupation: Businessman
Marital status: married
Proxy
Joachim Huber
78713 Schramberg
authorized to jointly represent the company
born 28.06.1958
Proxy
Ulrich Jäckle
78713 Schramberg
authorized to jointly represent the company
born 02.08.1963
Proxy
Karl Schmieder
77761 Schiltach
authorized to jointly represent the company
born 17.01.1952
Further functions/participations of
Klaus Grohe (President of the Board of
Directors)
Proprietor:
Klaus Grohe Domaine La Louviere
Auestr. 25
Post Box: 12 22
77761 Schiltach
Legal form: Unregistered commercial enterprise
Employees : 2
Further functions/participations of Otto
Schinle (Member of the Board of
Directors)
Manager:
Hansgrohe International GmbH
Auestr. 9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 520.000,00
Reg. Data: 13.01.1998
HRB 480945
70190 STUTTGART 1
Manager:
Pontos GmbH
Auestr. 5-9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 75.000,00
Reg. Data: 21.06.2001
HRB 481145
70190 STUTTGART 1
Manager:
Hansgrohe Deutschland Vertriebs GmbH
Auestr. 5-9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 100.000,00
Reg. Data: 06.11.2002
HRB 481204
70190 STUTTGART 1
Member of the
Board of Directors:
ARGE Neue Medien der deutschen SHK-
Industrie e.V.
Bahnhofstr. 1
33102 Paderborn
Legal form: Registered association
Reg. Data: 01.01.1988
VR 330
59174 KAMEN
Further functions/participations of
Siegfried Gänßlen (Member of the Board of
Directors)
Manager:
Hansgrohe International GmbH
Auestr. 9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 520.000,00
Reg. Data: 13.01.1998
HRB 480945
70190 STUTTGART 1
Further functions/participations of
Richard Grohe (Member of the Board of
Directors)
Manager:
Syngroh Verwaltungs- und Beteiligungs-GmbH
Auestr. 25
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 25.000,00
Reg. Data: 13.08.1999
HRB 481031
70190 STUTTGART 1
BUSINESS HISTORY
14.06.1905
Hans Grohe GmbH & Co. KG
Auestr. 5 - 9
77761 Schiltach
Ltd partnership with priv. ltd. Company as General partner
10.09.1999
Hansgrohe AG
Auestr. 5 - 9
77761 Schiltach
Public limited company
04.02.2002
Hansgrohe AG
Auestr. 5 - 9
77761 Schiltach
Public limited company
BUSINESS ACTIVITIES
29130
MANUFACTURE OF TAPS AND VALVES
BRANCHES AND FACTORIES
Branch:
Hansgrohe AG - Abteilung Messebau -
Schramberger Str. 57
77761 Schiltach
Branch:
Brausenfabrik
USA Atlanta
Branch:
Hansgrohe AG -Niederlassung Berlin-
Paradiesstr. 206 b
12526 Berlin
Branch:
Hansgrohe AG Abteilung Messebau
Robert-Koch-Str. 2
72275 Alpirsbach
Branch:
Hansgrohe AG
Kreuzwegstr. 51
77656 Offenburg
PARTICIPATION
Shareholder:
Hansgrohe International GmbH
Auestr. 9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 520.000,00
Share:
EUR 520.000,00
Reg. Data: 13.01.1998
HRB 480945
70190 STUTTGART 1
Profit transfer agreement
Shareholder:
Hansgrohe Deutschland Vertriebs GmbH
Auestr. 5-9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 100.000,00
Share:
EUR 100.000,00
Reg. Data: 06.11.2002
HRB 481204
70190 STUTTGART 1
Turnover: EUR 108.000.000,00
Employees: 100
Profit transfer agreement
Shareholder:
Pontos GmbH
Auestr. 5-9
77761 Schiltach
Legal form: Private limited company
Share capital: EUR 75.000,00
Share:
EUR 75.000,00
Reg. Data: 21.06.2001
HRB 481145
70190 STUTTGART 1
Turnover: EUR 700.000,00
Employees: 13
Profit transfer agreement
FINANCIAL INFORMATION
Payment experience: within agreed terms
Trend of business: positive
Order position: very good
Market position: significant
REAL ESTATE
Type of ownership: proprietor
Share: 100,00 %
Address Auestr. 5 - 9
77761 Schiltach
Type of ownership: proprietor
Share: 100,00 %
Address Kreuzwegstr. 41
77656 Offenburg
Land register documents were not available.
BANKERS
SPARKASSE WOLFACH, WOLFACH
Sort. code: 66452776
BADEN-WÜRTTEMB.BANK/LANDESBANK BADEN-WÜRTTEMB., VILLINGEN-
SCHWENNINGEN
Sort. code: 64450288
DRESDNER BANK, FREIBURG IM BREISGAU
Sort. code: 68080030
BADEN-WÜRTTEMB.BANK/LANDESBANK BADEN-WÜRTTEMB., ROTTWEIL
Sort. code: 60050101
DEUTSCHE BANK, OFFENBURG
Sort. code: 66470035
COMMERZBANK, ROTTWEIL
Sort. code: 64240071
VOLKSBANK KINZIGTAL, WOLFACH
Sort. code: 66492700
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2005 EUR
318.524.348,00
2006 EUR
340.000.000,00
Profit: 2005 EUR 29.429.892,00
Share capital: EUR
61.156.320,00
Value of stocks: EUR 35.294.287,00
Equipment: EUR
28.638.641,00
Ac/ts receivable: EUR 10.676.355,00
Liabilities: EUR 9.476.606,00
Real estate of the firm: EUR 33.379.197,00
Employees:
1.693
Branch number: 29130
Approximate figures are given.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)