Finpanaria has acquired Panariagroup Industrie Ceramiche
Finpanaria S.p.A. has finalized a complete voluntary public tender offer of 25.1% of the shares of Panariagroup Industrie Ceramiche S.p.A.
Finpanaria is the holding group of Panariagroup Industrie Ceramiche S.p.A.
Panariagroup Industrie Ceramiche S.p.A. is an Italian multinational leader in the production and distribution of ceramic tiles for floors and walls. With more than 1,700 employees, 10,000 customers, six production facilities and a turnover of US$357 million in 2020, Panariagroup is one of the main producers of flooring and wall-covering ceramic tiles for the upper and luxury segment of the market, servicing it with nine brands: Panaria Ceramica, Lea Ceramiche, Cotto d’Este, Blustyle, Florida Tile, Margres, Love Tiles, Bellissimo and Maxa.
Oaklins’ team in Italy acted as the sole financial advisor and coordinator to Finpanaria S.p.A.
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 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 moreGSP Group has secured an upsized growth refinancing package from HSBC
The GSP Group has refinanced its growth facilities through an upsized financing package provided by HSBC.
Learn more