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Portugal’sLargestBathroomCompanyAcquired

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Kampani Yaku Bafa Yaikulu Kwambiri ku Portugal Yopezedwa

Kampani Yaku Bafa Yaikulu Kwambiri ku Portugal Yopezedwa

02/08/2022 Nkhani 18328 Mawonedwe

Kampani Yaku Bafa Yaikulu Kwambiri ku Portugal Yopezedwa

On the 17th of December, Wathanzi, one of Portugal’s leading bathroom company, underwent a change of ownership. Its shareholders, the four families Amaro, Batista, Oliveira and Veiga, through S Zero Cerâmicas de Portugal, have acquired the remaining 56% of the company from the four remaining families (Amaral, Rodriguez, Silva and Ribeiro). M'mbuyomu, the Amaro, Batista, Oliveira and Veiga families held a joint 44% mtengo. The acquisition will be completed with a 100% kugwira.

The acquisition was negotiated over a period of two years due to the epidemic. During this time, the company received an investment from a fund owned by Iberis Capital. This fund currently holds a 10% mtengo.

Sanindusa was founded in 1991 and is one of the main players in the Portuguese bathroom market. They are export-oriented and export 70% of their products. They have grown through organic and acquisitive growth. Mu 2003, the Sanindusa Group acquired the Spanish bathroom company Unisan, followed by the establishment of a wholly-owned UK subsidiary, Sanindusa UK Limited, mu 2011.

Sanindusa currently has five factories and employs over 460 anthu. It covers sanitary ceramics, acrylic bath and shower trays, and tap fittings.

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