M&A Deal Summary

Royo Group Acquires RGIB - Shower Tray Business

On January 20, 2021, Royo Group acquired building materials company RGIB - Shower Tray Business from RGIB

Acquisition Highlights
  • This is Royo Group’s 3rd transaction in the Building Materials sector.
  • This is Royo Group’s 3rd transaction in Spain.

M&A Deal Summary

Date 2021-01-20
Target RGIB - Shower Tray Business
Sector Building Materials
Buyer(s) Royo Group
Sellers(s) RGIB
Deal Type Divestiture

Target

RGIB - Shower Tray Business

Valencia, Spain
RGIB's Shower Tray Business is a manufacturer of bathroom products, mainly focused on resin shower trays. RGIB's Shower Tray Business will operate under the Fiora brand. RGIB's Shower Tray Business is based in Valencia, Spain.

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Buyer(S) 1

Buyer

Royo Group

Valencia, Spain

Category Company
Founded 1972
Sector Building Materials
Employees650
DESCRIPTION

Royo Group is a manufacturer and distributor of bathroom furnishings and appliances. The company produces quality products at competitive prices at its factories in Spain, Poland and Mexico, that are distributed through DIYs chains and the professional channel, as well as produced as an OEM for other bathroom product companies. Royo Group was founded in 1972 and is based in Valencia, Spain.


DEAL STATS #
Overall 3 of 3
Sector: Building Materials M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 RGIB

Valencia, Spain

RGIB is a manufacturer of bathroom products mainly focused on furniture and resin shower trays. The group has factories in Valencia, Nájera, and Poland and operates on five continents under the brands Royo, Elita, Maximus, and Fiora. RGIB is based in Valencia, Spain.

Sell -
FOLLOWING 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.

Sell -

Seller(S) 1

SELLER

RGIB

Valencia, Spain

Category Company
Sector Building Materials
DESCRIPTION

RGIB is a manufacturer of bathroom products mainly focused on furniture and resin shower trays. The group has factories in Valencia, Nájera, and Poland and operates on five continents under the brands Royo, Elita, Maximus, and Fiora. RGIB is based in Valencia, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2021 M&A 1 of 1