Congratulations to American Standard! LIXIL Corporation, headquartered in Tokyo, today announced that it has reached a definitive agreement to acquire 100% of the share capital of the parent company of American Standard Brands.

“This transaction marks an exciting chapter in our 137-year history,” said Jay D. Gould, American Standard BrandsPresident and CEO. “We and our customers will surely benefit by combining LIXIL’s quality control, manufacturing technology and product development with American Standard’s sales networks, and I believe these will help the company maintain our position as a market leader.”

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