Royo Group, S.L. has acquired Fiora Bath Collections, S.L.
January 2018 — 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.
Our role in the transaction
Oaklins' team in Spain advised the buyer in this transaction.
Talk to the deal team
Related deals
Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreOEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreBolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.
Learn more