Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA *) completed the acquisition of FANOSA, S.A.
January 03, 2022
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Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA *) agreed to acquire FANOSA, S.A. de C.V. on October 4, 2021. The transaction is subject to regulatory approvals. Seale & Associates Inc. acted as financial advisor to the shareholders of FANOSA.
Grupo Lamosa, S.A.B. de C.V. (BMV:LAMOSA *) completed the acquisition of FANOSA, S.A on January 4, 2022.
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.