Blanchon Group Acquires Debal Finance (Ciranova)

June 4, 2021

Blanchon Group has acquired Debal Finance (operating as the Ciranova brand), a Belgian family-owned manufacturer of finishing products for parquet and wood flooring that generates approximately €15m in turnover and employs about 60 people. The deal — executed as an add-on to Blanchon (which is backed by PE firm Abenex) — expands Blanchon's international footprint (adding operations in Belgium, the United States and China), strengthens its R&D and UV technology capabilities, and accelerates its strategy to become a European leader in wood and vinyl flooring protection and maintenance.

Buyers
Blanchon Group, Abenex
Targets
Debal Finance (Ciranova)
Platforms
Blanchon Group
Location
Belgium
Transaction Type
Addon

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.