M&A Deal Summary

Engineered Stone Group Acquires Nuovvo

On September 13, 2021, Engineered Stone Group acquired building materials company Nuovvo

Acquisition Highlights
  • This is Engineered Stone Group’s 5th transaction in the Building Materials sector.
  • This is Engineered Stone Group’s 5th transaction in Spain.

M&A Deal Summary
Date 2021-09-13
Target Nuovvo
Sector Building Materials
Buyer(s) Engineered Stone Group
Deal Type Add-on Acquisition

Target

Nuovvo

Redovan, Spain
website
Nuovvo is a fast-growing manufacturer of branded and private label engineered stone shower trays, panels, and countertops. Nuovvo offers customers a compelling combination of quality, value, and speed, combined with a commitment to innovation and design. Nuovvo was founded in 2011 and is located in Redován, Spain.

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Buyer(S) 1

Buyer

Engineered Stone Group

United Kingdom

website

Category Company
Founded 2016
Sector Building Materials
DESCRIPTION

Engineered Stone Group provides material that unites natural stone with resins to produce a superior material. The Engineered Stone Group offers greater design freedom, a more luxurious feel, enhanced strength, and improved heat retention and acoustic properties.

DEAL STATS #
Overall 5 of 7
Sector (Building Materials) 5 of 7
Type (Add-on Acquisition) 4 of 6
Country (Spain) 5 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Fiora

Nájera, Spain

Fiora is a manufacturer of resin shower trays, bathroom furniture, wall panels, washbasins, and other bathroom products, operating from a state-of-the-art manufacturing plant located in Nájera (La Rioja, Spain) and selling its products in over 30 countries. Fiora was established in 1987 and is based in Nájera, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 MTI Baths

Sugar Hill, Georgia, United States

MTI Baths is a manufacturer of bathtubs, shower trays, and sinks. The business offers a wide range of award-winning bathtubs across its Boutique, Designer, and MTI BASICS lines, customized to the specifications of each individual customer. MTI Baths was founded in 1988 and is based in Sugar Hill, Georgia.

Buy -
Mergr

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