Eliane Revestimentos Cerâmicos has been acquired by Mohawk Industries
October 2018 — The shareholders of Eliane Revestimentos Cerâmicos (Eliane) have sold the company to Mohawk Industries (Mohawk).
Eliane is one of the largest manufactures of ceramic tiles in Brazil, with a diversified portfolio of products, including wall and floor tiles, glazed and unglazed porcelain tiles and other specialty products. The company has four industrial facilities in Santa Catarina and one in Bahia, with a total production capacity of over 36 million m2 per year. The company’s products are distributed through more than 15,000 points of sale in Brazil and it is the largest exporter, with a presence in more than 80 countries.
Mohawk Industries is the largest manufacturer, distributor and marketer of ceramic tiles in the world, with a total production capacity of approximately 250 million m² per year and gross revenues of US$3.4 billion in this segment. Additionally, Mohawk is a leading global producer of carpets, laminate and sheet vinyl.
Our role in the transaction
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to Eliane Revestimentos Cerâmicos in this transaction.
Talk to the deal team
Richard Rainer
Oaklins Olimpia Partners
Related deals
ENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreMulti-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its industrial service offering and position in West Zealand, Denmark, expanding its capabilities in electrical installations, specialized piping and metalwork services. As part of Wicotec Kirkebjerg, Rent-Tech gains access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.
Learn moreICOP has transferred its listing from Euronext Growth Milan to Euronext Milan
ICOP S.p.A. has transferred its listing from Euronext Growth Milan to Euronext Milan.
Learn more