Roca Group Completes The Divestment Of Its Spanish Tile Business

Roca Group Completes The Divestment Of Its Spanish Tile Business 31 Agustus, Kelompok Lamosa (Meksiko) completed the acquisition of tile business for approximately US$260 million.

The transaction between Grupo Lamosa and Roca was approved by the General Shareholders’ Meeting and will be financed by a debt facility of US$200 million involving seven banks with an average duration of 4.3 taun lan tanggal kadewasan saka limang taun. The remaining part of the amount will be financed by the La Mossa Group’s own funds.

Perlu ditemokake yen akuisisi bisnis iki uga kalebu incepa, USCT and GALA brands. Miturut situs web resmi Incepa, INCEPA was founded by the Swiss brand Laufen in 1952 in Campo Largo, Paraná, and started out with tiles and began producing bathroom products in 1976. Ing 1999, INCEPA was acquired byintegrated into the Roca Brasil brand.

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

Sawise rampung akuisisi, Tile Grup Group ing Spanyol ditawani. Miturut Grupo Lamosa, the Roca Group’s tile business totaled US$44 million in the last 12 months to June this year. Roca Group ended 2020 with revenues of €1,684 million, mudhun 9.5% Ing 2019. Iku duwe bathi net 60 yuta, mudhun 12% Saka taun sadurunge.