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.
Neem contact op met het dealteam
Gerelateerde deals
Varsteel, Ltd. has acquired Pacific Steel, Inc.
Pacific Steel, Inc. has been acquired by Varsteel, Ltd.
Lees verderSibelco has received strategic advisory related to the exit of a minority shareholder
SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.
Lees verderArbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood
Arbo Windows, a leading Latvian producer of wooden windows and doors, has acquired Arlanga Wood, a leading Lithuanian producer of wooden windows and doors, creating the largest wooden windows producer in the Baltic states. The combined group has over 200 employees and generates over US$20 million of annual revenues.
Lees verder