Roca Group Completes The Divestment Of Its Spanish Tile Business

樂家集團 Completes The Divestment Of Its Spanish Tile Business 31 八月, Grupo Lamosa (墨西哥) 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 years and a maturity date of five years. The remaining part of the amount will be financed by the La Mossa Group’s own funds.

It is worth noting that this business acquisition also includes the INCEPA, USCT and GALA brands. According to INCEPA’s official website, 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. 在 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, 巴西, 正如我們 We We Well 西班牙子公司 Belcaire 陶瓷公司位於卡斯特隆.

Following the completion of the acquisition, the Roca Group’s tile business in Spain was divested. According to 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 收入達 16.84 億歐元, 向下 9.5% 在 2019. 它的淨利潤為 60 百萬, 向下 12% 從上一年開始.