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Announced

Completed

Alpha Group completed the acquisition of Italy-based Laminam from System for €250m.

Financials

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Transaction Value£217m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA9.5x
Share Price Premium-
One Off Charge-

Sources

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Tags

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Building Materials: Other

Private Equity

Mbo

Italy

Private

ceramic tiles

Acquisition

Friendly

Completed

Majority

Single Bidder

Synopsis

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Alpha Group, a private equity firm, completed the acquisition of Italy-based Laminam, a specialist in large-sized ceramic slabs used in architecture, from System in a €250m management buyout transaction. "We are extremely pleased with the acquisition of Laminam, the undisputed leader in the production of large-size ceramic slabs with a brand recognised by architects and interior designers all around the world. Alpha will work alongside Alberto Selmi and the entire management team to further boost the company's international development. Laminam will continue to leverage the technological advantage and innovative content of its ceramic slabs that Franco Stefani and Alberto Selmi, together with the management team, have created," Edoardo Lanzavecchia, Alpha Managing Partner.

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