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New Deal


Announced

The Engineered Stone Group to acquire Resiblock.

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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Household Equipment and Products

Pending

Cross Border

United States

United Kingdom

engineered stone

Acquisition

Spain

solid surface shower trays

Friendly

Private

Majority

Single Bidder

Synopsis

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The Engineered Stone Group, a European holding company in engineered stone products, agreed to acquire Resiblock, a provider of engineered stone and solid surface shower trays and washbasins. Financial terms were not disclosed. "We continue to see a significant opportunity to lead the material conversion to engineered stone over the long term. Resiblock is an important addition to our Company and enhances the ES Group's position as a leader in this segment," Christopher Mahan, The Engineered Stone Group Chairman.

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