{"id":30923,"date":"2024-09-05T14:56:08","date_gmt":"2024-09-05T12:56:08","guid":{"rendered":"https:\/\/initium.be\/initium-supports-riho-in-management-buy-out\/"},"modified":"2025-01-07T10:05:59","modified_gmt":"2025-01-07T09:05:59","slug":"initium-supports-riho-in-management-buy-out","status":"publish","type":"post","link":"https:\/\/initium.be\/en\/initium-supports-riho-in-management-buy-out\/","title":{"rendered":"INITIUM supports RIHO in management Buy-Out"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221;]INITIUM is proud to announce its first successful participation in the form of a Management Buy-Out at RIHO, a renowned manufacturer of modern and quality bathroom products. After almost 40 years, the family business, formerly owned by the Dutch Janssen family, will be owned by the existing management, supported by INITIUM as financial strategic partner. Led by RIHO\u2019s experienced management team, consisting of CEO Guy Claesen, CFO Dankfried Verhage, CPO Bardo Govaarts and CCO Ronald Kloppenburg, INITIUM will contribute to the further development and international growth of the company. Together, we aim to take RIHO to an even higher level. Over the years, RIHO has established itself as a leading player in the sanitary sector, with a wide range of contemporary baths, shower enclosures, shower trays and bathroom furniture. Almost 40 years of experience and the pursuit of their core values \u2013 quality, design thinking and efficiency \u2013 have led to a strong international presence with almost 1,600 points of sale in Europe and branches in the Netherlands, Belgium, Germany, Poland, the Czech Republic and Hungary. The cooperation between INITIUM and RITE came about after a meeting between former Genk native and current CEO of RITE, Guy Claesen, and Genk native Maarten Bynens. Both parties saw a unique opportunity to further strengthen and accelerate RIHO\u2019s growth. The entire management team has joined this strategic takeover, ensuring continuity and expansion of the company\u2019s operations. INITIUM confidently looks forward to a successful cooperation with RIHO\u2019s management team and looks forward to the many opportunities to realise RIHO International\u2019s growth ambitions together.[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;]\t\t<div id=\"wd-66d9a8cbcc15f\" class=\"wd-image wd-wpb wd-rs-66d9a8cbcc15f text-left \">\n\t\t\t\t\t\t\t<a href=\"https:\/\/initium.be\/portfolio\/riho\/\" >\n\t\t\t\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"166\" src=\"https:\/\/initium.be\/wp-content\/uploads\/INITIUM-RiHO-portfolio-300x166.png\" class=\"attachment-medium size-medium\" alt=\"\" srcset=\"https:\/\/initium.be\/wp-content\/uploads\/INITIUM-RiHO-portfolio-300x166.png 300w, https:\/\/initium.be\/wp-content\/uploads\/INITIUM-RiHO-portfolio-600x331.png 600w, https:\/\/initium.be\/wp-content\/uploads\/INITIUM-RiHO-portfolio-150x83.png 150w, https:\/\/initium.be\/wp-content\/uploads\/INITIUM-RiHO-portfolio.png 750w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t[\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;]<div id=\"wd-66d9a89458988\" class=\" wd-rs-66d9a89458988  wd-button-wrapper text-left\"><a href=\"http:\/\/www.riho.be\" title=\"\" target=\"_blank\" class=\"btn btn-color-primary btn-style-default btn-shape-round btn-size-default\">More info on RIHO<\/a><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text css=&#8221;&#8221; woodmart_inline=&#8221;no&#8221; text_larger=&#8221;no&#8221;]INITIUM is proud to announce its first successful participation in the form of a Management<\/p>\n","protected":false},"author":1,"featured_media":30752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[95],"tags":[],"class_list":["post-30923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/posts\/30923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/comments?post=30923"}],"version-history":[{"count":2,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/posts\/30923\/revisions"}],"predecessor-version":[{"id":30925,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/posts\/30923\/revisions\/30925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/media\/30752"}],"wp:attachment":[{"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/media?parent=30923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/categories?post=30923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/initium.be\/en\/wp-json\/wp\/v2\/tags?post=30923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}