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Announced

Gruppo B&T completed the acquisition of Facondini.

Financials

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

Sources

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Tags

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Majority

Completed

Friendly

Cross Border

home furniture

Private

Italy

Acquisition

Single Bidder

Household Furnishings

Synopsis

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Gruppo B&T, a manufacturer of turnkey plants for the ceramic and agglomerated quartz industry, completed the acquisition of Facondini, a provider of home furniture. Financial terms were not disclosed. "We are really satisfied with this acquisition. This is an important step in the evolution of our business. Adding a company like Facondini to our structure offers us new opportunities for the future, further strengthening an expansion that already sees the Dorelan brand in constant growth, thanks to economic data and significant investments that are increasingly consolidating our presence on the Italian market, with important openings also to foreign countries,” Diano Tura and Pietro Paolo Bergamaschi, Gruppo B&T founding partners.

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