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New Deal


Announced

Completed

The Cranemere Group completed the acquisition of Acquabella.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Household Equipment and Products

Single Bidder

Spain

shower tray

Friendly

Completed

Acquisition

Private Equity

Majority

Synopsis

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The Cranemere Group, a holding company that partners with businesses for the long term, completed the acquisition of Acquabella, a European branded supplier of engineered stone shower trays and wall panels. Financial terms were not disclosed. "We are excited to join forces with Marmite as part of The Engineered Stone Group, and are confident that this partnership will benefit all of Acquabella's stakeholders. We are well positioned for sustained growth and continue to be focused on meeting the needs of customers and retailers. The expanded product line and enhanced scale of the group provides additional resources and capabilities without changing what makes Acquabella unique," Juan José Benavent, Acquabella CEO.

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