Blanchon Group Acquires Debal Finance (Ciranova)

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.