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New Deal


Announced

Investindustrial invested €100m in Neolith.

Financials

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Transaction Value£88m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Private

Acquisition

Majority

General Mining

Spain

sintered stone

Synopsis

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An investment subsidiary of Investindustrial invested €100m ($112m) in Neolith, a pioneer and leader in sintered stone sector. Neolith has an international commercial footprint distributing its products in more than 80 countries with exports representing more than 80% of total sales. Jesus Esteve, Chairman of Neolith, said: "We are delighted to be partnering with Investindustrial as we look to grow the company further in the international markets outside Europe. Given Investindustrial’s background and deep knowledge in the high-end design sector and its global reach, we strongly believe it is the right partner to further support the international expansion of the company while strengthening the management team and reinforcing the product development."

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