Roca Group Completes The Divestment Of Its Spanish Tile Business

Gulu la Roca Completes The Divestment Of Its Spanish Tile Business 31 August, Gulu la Lamosa (Woyimba) 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 Zaka komanso tsiku lokhwima la zaka zisanu. The remaining part of the amount will be financed by the La Mossa Group’s own funds.

Ndikofunika kudziwa kuti bizinesi iyi ikuphatikizanso Pulano, USCT and GALA brands. Malinga ndi Webusayiti Yovomerezeka, 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. Mu 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.

Kutsatira kumaliza kwa kupeza, Bizinesi ya Roca ya Roca ku Spain idapangidwa. Malinga ndi 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, pansi 9.5% mu 2019. Anali ndi phindu la 60 miliyoni, pansi 12% kuyambira chaka chatha.