The Engineered Stone Group Acquires Resiblock (Spain)
October 17, 2022
The Engineered Stone Group (an enterprise created by The Cranemere Group) has agreed to acquire the assets of Resiblock S.L., Baniana Bath S.L. and Bold The Solid Company S.L., a Spanish manufacturer of engineered stone and solid-surface shower trays and washbasins. The acquisition is an add-on to ES Group’s bathroom-products platform to expand manufacturing capacity, broaden product offerings and strengthen its presence in Southern Europe; financial terms were not disclosed.
- Buyers
- The Engineered Stone Group, The Cranemere Group
- Targets
- Resiblock S.L., Baniana Bath S.L., Bold The Solid Company S.L.
- Sellers
- Owners of Resiblock (represented by Founder and CEO Juan Vacas)
- Platforms
- The Engineered Stone Group
- Industry
- Building Products
- Location
- Andalusia, Spain
- Transaction Type
- Addon
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