Laminam to acquire Best Surface
Laminam, global leader in the production and marketing of oversize ceramic slabs for high-end architecture and interior design, part owned by Alpha Private Equity, and Barbieri & Tarozzi Group, manufacturer of technology and complete systems for the ceramics industry, have announced a deal allowing Laminam to acquire 100 % of Best Surface. The transaction is expected to be completed during the first quarter of 2022, according to the company.
Although not falling within the same scope of consolidation as SITI B&T Group S.p.A., Best Surface originated from an idea by the Barbieri & Tarozzi Group in 2018. Located in the heart of the Spanish ceramic district of Castellón de la Plana, it produces and markets oversize slabs under the brand Idylium and is the exclusive licensee of the brand Automobili Lamborghini Surfaces.
Strengthening the presence in the Spanish market
Through its acquisition of Best Surface, Laminam is forging ahead in a growth strategy underpinned by quality and sustainability, by joining the ceramics district of Castellón de la Plana and strengthening its presence in the Spanish market at the same time.
Stepping up its expansion and internationalisation process, Laminam is complementing its existing production sites in Fiorano Modenese, Borgo Val di Taro, and Vorsino (Russia), with its first plant in Spain, one of the world‘s leading markets. The acquisition of Best Surface was decided in addition to investments – totalling over € 50 million – that are currently underway to double the production capacity of the Laminam Group plants. The transaction also further consolidates the technology partnership between Laminam and the Barbieri & Tarozzi Group.