Roca Group Completed The Divestment Of Its Spanish Tile Business

Imba yekugezera yebhizinesi

Musi waAugust 31, Lamosa Boka (Mekisiko) completed the acquisition of the tile business of Grupo Roca for approximately US$260 million.

The deal between Grupo Lamosa and Grupo Roca was approved by the shareholders’ meeting and will be financed by a $200 million bank loan for debt. This involves seven banks with an average duration of 4.3 makore uye kufambidzana kwezuva remakore mashanu. The remaining portion of the amount will be financed by the La Mossa Group’s own funds.

Izvo zvakakosha kucherechedza kuti iyi bhizinesi kuwana zvakare inosanganisira iyo Incepa, USCT and GALA brands of the Roca Group. Sekureva kwewebhusaiti yeIncapa, INCEPA was founded in 1952 by the Swiss brand Laufen in Campo Largo, Paraná. It started with tiles and in 1976 it began to produce bathroom products. In 1999, INCEPA was acquired by the Roca Group and integrated into the Roca Brasil brand.

As previously reported by foreign media, the transaction involved the transfer of two factories of Roca Group located in Campo Largo and São Mateus do Sul, Bhuraziri, as well as the Spanish subsidiary Cerámicas Belcaire, located in Castellón.

Kutevera kupedzwa kwekutorwa, Iyo Roca Group Rail Bhizimusi muSpain rakadhonzwa. Maererano neGrupo Lamosa, in the last 12 months, as of June this year, the Roca Group’s tile business totaled $44 mamirioni. the Roca Group ended 2020 with revenues of 1,684 miriyoni euros, pasi 9.5% kubva 2019. Yakanga iine purofiti yeNet 60 mamirioni, pasi 12% Kubva pagore rapfuura.