GA_P advises Lamosa on €220m acquisition of Roca’s ceramic business
Gómez-Acebo & Pombo has advised Mexico’s Grupo Lamosa on the purchase of Roca´s flat ceramic business for €220 million
Lamosa is considered one of the world’s leading ceramic tile manufacturers. The operation includes the indirect acquisition of the Roca Group’s subsidiaries in this business, with a presence in Spain, the USA and Brazil, and the subsequent transfer of two factories in Brazil and the Spanish Cerámicas Belcaire, located in the Valencian Community.
The acquisition will allow Lamosa to increase its consolidated turnover by 20% and its production capacity in the wall tile business by 16%, reaching 225 million square metres per year, entering the podium of the world’s leading manufacturers of flat ceramic tiles.
The GA_P team was formed by Pablo Fernández Cortijo (pictured left), Constantino Pérez (pictured top centre), Andrés Castro and Carolina Orri, partner, of counsel, associate and trainee, respectively of the Corporate area, Santiago Gómez-Acebo and Cecilia Herreros, partner and trainee, respectively, of the Banking area, Irene Fernández Puyol (pictured top right), Ignacio Álvarez, Marta Rey and Esther Abascal, partner, associate and trainee, respectively of the Public Law area, Isabela Crespo, Isabel Bandín, Elisa Gómez-Bernardo and Inés Molina, associates and trainee, respectively in the Intellectual Property practice area, Remedios García (pictured middle centre) and Carla Fandiño, of counsel and associate, respectively in the Tax practice area, Iñigo Igartua (pictured middle right) and Miguel Troncoso (pictured bottom centre), partners in the Competition practice area, Natalia Callejo and Clara González-Páramo, associates in the Real Estate practice area, Ignacio del Fraile (pictured bottom right), Diego Rizo and Clara Juanola, partner and associates in the Labour practice area, and Claudia Gálvez and Marta Martínez-Almeida, associates in the Criminal Law practice area.