Pinsent Masons with Miura Partners on Italcer stake sale

Pinsent Masons advised Miura Partners in connection with the agreement for the sale of their stake in Italcer Group to the Austrian listed group Wienerberger, a specialist in construction solutions and materials. Closing of the transaction is expected for the second quarter of 2026.

The context

Miura Partners’ investment began in 2018 with the acquisition of Equipe Cerámicas, a specialist in small-format ceramic tiles, which at the time generated revenues of €30 million. In 2021, Miura and MCP promoted the integration of Equipe into Italcer. Since then, Italcer has completed eight acquisitions and expanded its manufacturing presence in Italy and Spain to reach 11 industrial plants, with revenues close to €350 million in 2025.

the Pinsent Masons team

Corporate/M&A partner Francisco Aldavero (pictured) and associate Rocío García led the Pinsent Masons’ Madrid team on the matter.