Roca Group Completes The Divestment Of Its Spanish Tile Business

Roca Group Completes The Divestment Of Its Spanish Tile Business 31 Here-turi-kōkā, Rōpū Lamosa (Mexico) 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 tau me te ra pakeke o te rima tau. The remaining part of the amount will be financed by the La Mossa Group’s own funds.

Me mahara ano kei roto i tenei hoko pakihi ko te INCEPA, USCT and GALA brands. E ai ki te paetukutuku mana o INCEPA, INCEPA was founded by the Swiss brand Laufen in 1952 in Campo Largo, Parana, and started out with tiles and began producing bathroom products in 1976. I roto 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, Brazil, as well as the Spanish subsidiary Cerámicas Belcaire in Castellón.

Whai muri i te otinga o te hokonga, Ko te pakihi taera o te Roca Roopu i Spain i whakakorehia. E ai ki a 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, ki raro 9.5% i roto 2019. I whiwhi moni hua 60 miriona, ki raro 12% Mai i te tau o mua.