Roca Group Completed The Divestment Of Its Spanish Tile Business

ʻApiako pisinisi falekaukau

ʻI ʻAokosi 31, Grupo Lamosa (Mekisikou) 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 ngaahi taʻu mo e ʻaho matuʻotuʻa ko e taʻu ʻe nima. The remaining portion of the amount will be financed by the La Mossa Group’s own funds.

ʻOku mahuʻinga ke fakatokangaʻi ʻoku kau foki ʻi he fakatau pisinisi ko ʻeni ʻa e INCEPA, USCT and GALA brands of the Roca Group. Fakatatau ki he uepisaiti fakalao ʻa e INCEPA, 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. ʻI he 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, Palasila, as well as the Spanish subsidiary Cerámicas Belcaire, located in Castellón.

Hili hono fakakakato ʻo e fakatau, naʻe tukuange ʻa e pisinisi taila ʻa e Roca Group ʻi Sipeini. Fakatatau ki he Grupo Lamosa, in the last 12 ngaahi māhiná, as of June this year, the Roca Group’s tile business totaled $44 miliona. the Roca Group ended 2020 with revenues of 1,684 million euros, ki lalo 9.5% mei he 2019. Naʻe ʻi ai ʻene tupu neto ko e 60 miliona, ki lalo 12% mei he taʻu kimuʻa.