Ashurst advises founding shareholders of Joyou AG on share exchange with Grohe
Ashurst advised the founding shareholders of Joyou AG, Mr Jianshe Cai and Mr Jilin Cai, on the conclusion of a new shareholders' agreement with the Grohe Group. The aim of the agreement is to build up a stronger cooperation of both companies in order to establish a global market-leading position in the sanitary industry as well as to operate worldwide under the two brands, Grohe and Joyou.