Consolidation • Building Materials

The Cranemere Group Acquires Engineered Stone Group

On January 1, 2016, private equity firm The Cranemere Group acquired building materials company Engineered Stone Group

Acquisition Context
  • This is The Cranemere Group’s 1st transaction in the Building Materials sector.
  • This is The Cranemere Group’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date January 1, 2016
Target Engineered Stone Group
Sector Building Materials
Buyer(s) The Cranemere Group
Deal Type Consolidation

Target Company

Engineered Stone Group

United Kingdom
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.
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Buyer Overview 1

DESCRIPTION

The Cranmere Group is a private investment firm focused on middle-market company acquisitions in Western Europe and the US. The Firm was formed in 2014 and is based in London.


Deal Context for Buyer #
Overall 2 of 10
Sector: Building Materials 1 of 2
Type: Consolidation 1 of 1
Country: United Kingdom 1 of 1
Year: 2016 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Exemplis

Cypress, California, United States

Exemplis is a consumer products company focused on furniture and other consumer brands. The Company was formed in 1996 and is based in Cypress, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-12 Marmite

Zakrzewo, Poland

Marmite is a manufacturer of washbasins, shower trays, and bathtubs made of cast marble. The company brings together natural mineral materials, sophisticated technology and develops efficient cast marble innovations. Marmite was established in 1978 and is based in Zakrzewo, Poland.

Buy -