Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA *) acquired Euroceramica S A En Reorganizacion for approximately COP 130 billion.
February 04, 2020
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Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA *) acquired Euroceramica S A En Reorganizacion for approximately COP 130 billion on February 5, 2020. The consideration is free of net cash debt and is subject to certain adjustments.
Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA *) completed the acquisition of Euroceramica S A En Reorganizacion on February 5, 2020.
Grupo Lamosa SAB de CV is a Mexico-based company engaged, through its subsidiaries, in the construction and real estate sectors. The Companyâs activities are structured into four business areas, namely Tiles and Flooring, Adhesives and Waterproofing, Sanitary Ware and Real Estate Development. The Tiles and Flooring area offers such brand names, as Porcelanite, Lamosa, Italica and Firenze Tecnoarte. The Adhesives and Waterproofing area operates through the Companies Crest, Perdura, Niasa and Solutek. The Sanitary Ware area operates through the Sanitarios Lamosa company. The Companyâs real estate operations include the acquisition, development and promotion of residential and non-residential properties. It operates through Ceramica San Lorenzo.