Announced
Completed
Synopsis
The Engineered Stone Group, a material specialist in the broader bathroom product market, completed the acquisition of Fiora Bath Collections, a manufacturer of resin shower trays, bathroom furniture, wall panels, washbasins, and other bathroom products, from HIG, a private equity and alternative assets investment firm. Financial terms were not disclosed. “We would like to thank HIG for their close and trusting support and their strategic guidance over the last four years. Together, we have strengthened Fiora’s position as a leading shower tray manufacturer in Europe. HIG has been a true partner for the management team, significantly supporting us in professionalizing the Company and pursuing an ambitious growth strategy.” Fernando Soriano, Fiora CEO.
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