Nazca Capital purchases Coycama and Becrisa: Advisors
Nazca Capital has acquired, through its Nazca Small Cap II fund, a majority stake in the group formed after the integration of Coycama and Becrisa and other companies.
Coycama and Becrisa have a successful track record in the bathroom sector with a value proposition based on offering quality products at competitive prices and first class service levels thanks to its significant manufacturing and logistics capacity, with 5 production facilities.
The transaction involves the integration of a total of 4 companies, creating a leading group in the Spanish bathroom sector, with a presence in bathroom furniture (two factories), Solid Surface washbasins, shower trays, shower screens, sanitary ware and faucets. The combined group has sales of over 40 million euros and an EBITDA of over 5 million euros. It is a group with an international presence, exporting around 30% of its sales to more than 20 countries.
The current partners of both companies, with more than 30 years of experience in this sector, will continue to be involved in the project.
Advisors
Broseta has advised Coycama and Becrisa, with an M&A team that included: Joaquin Giraldez (partner), Cristina García Troya (associate) and Alfredo Fernández-Reyes Martínez (lawyer). In the case of the Tax team: Luis Alaix (partner) and Bernardo G. (senior associate).
