Royo Group, S.L. has acquired Fiora Bath Collections, S.L.
Royo Group, S.L., the Spain-based producer of bathroom furnishings and appliances, has acquired Fiora Bath Collections, S.L. for US$44 million. This is the group's first acquisition after the entrance of HIG within its shareholding structure to consolidate its leading position in the sector.
Royo Group, a multinational firm specialising in bathroom furnishings and appliances (hydro massage baths, shower columns and trays), is considered the third largest bathroom furniture company in Europe and the leader in Spain. The company has 650 employees at its factories in Quart de Poblet (Valencia, Spain), Sztum (Poland) and Mexico City (Mexico).
Based in La Rioja, Fiora Bath Collections has a well-recognised brand in the market and is the European leader and pioneer in the manufacturing of resin shower trays. Fiora has a 26,000 m2 factory and 80 employees, and has reported revenues of over US$27 million in 2016.
Oaklins' team in Spain advised the buyer in this transaction.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreSalmo Group has acquired SAENGER Top Tackle and Westline Angelgeräte
Salmo Group SIA, a Riga-based family-owned fishing products vendor, has acquired SAENGER Top Tackle GmbH and Westline Angelgeräte GmbH, German wholesale distributors of fishing tackle across Western Europe.
Learn moreGuard has strengthened its Danish platform with the acquisition of Holtec
Guard Automation AS, a leading Nordic provider of automation services, insight and process optimization, has acquired Holtec AS, a Danish engineering and automation company. The acquisition strengthens Guard’s presence in Denmark and supports its strategy of combining strong local expertise with digital platforms. Together with X Automation, Holtec will form a strong Danish automation platform, enabling knowledge sharing, best-practice transfer and enhanced capabilities across the Nordics.
Learn more