Roca Group Completed The Divestment Of Its Spanish Tile Business

Dugsiga Ganacsiga ee musqusha

Bishii Ogosto 31, Kooxda Lamosa (Mexico) 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 sano iyo taariikhda qaan-gaadhnimada oo ah shan sano. The remaining portion of the amount will be financed by the La Mossa Group’s own funds.

Waxaa xusid mudan in la wareegidda ganacsigan ay ku jirto INCEPA, USCT and GALA brands of the Roca Group. Sida laga soo xigtay website-ka rasmiga ah ee INCEPA, INCEPA was founded in 1952 by the Swiss brand Laufen in Campo Largo, Parana. It started with tiles and in 1976 it began to produce bathroom products. Gudaha 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, Brazil, as well as the Spanish subsidiary Cerámicas Belcaire, located in Castellón.

Ka dib markii la dhamaystiray iibsashada, Roca Group ganacsigeeda foornada ee Spain waa la leexiyay. Sida uu sheegay Grupo Lamosa, Ugu dambeyntii 12 bilo, as of June this year, the Roca Group’s tile business totaled $44 milyan. the Roca Group ended 2020 with revenues of 1,684 milyan euro, hoose 9.5% ka 2019. Waxay lahayd faa'iido saafi ah 60 milyan, hoose 12% Laga soo bilaabo sanadkii hore.