Royo Group, S.L. has acquired Fiora Bath Collections, S.L.
Royo Group, S.L., the Spain-based producer of bathroom furnishings and appliances, has acquired Fiora Bath Collections, S.L. for US$44 million. This is the group's first acquisition after the entrance of HIG within its shareholding structure to consolidate its leading position in the sector.
Royo Group, a multinational firm specialising in bathroom furnishings and appliances (hydro massage baths, shower columns and trays), is considered the third largest bathroom furniture company in Europe and the leader in Spain. The company has 650 employees at its factories in Quart de Poblet (Valencia, Spain), Sztum (Poland) and Mexico City (Mexico).
Based in La Rioja, Fiora Bath Collections has a well-recognised brand in the market and is the European leader and pioneer in the manufacturing of resin shower trays. Fiora has a 26,000 m2 factory and 80 employees, and has reported revenues of over US$27 million in 2016.
Oaklins' team in Spain advised the buyer in this transaction.
Talk to the deal team
Related deals
STM Environmental has been acquired by Phenna Group
STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
Learn moreOBI Group has acquired the OBI and individual DIG stores from Migros
As part of a strategic review, Migros has decided to divest its DIY business, which included several “Do It + Garden” and “OBI” locations. Migros had operated the Swiss OBI stores as a franchisee. In OBI Group Holding, Migros has found the ideal partner to ensure continuity for both its customers and employees.
Learn moreAcapo AS has been acquired by Longship AS
Oslo-based intellectual property advisory firm Onsagers, supported by Longship since May 2024, has acquired Acapo AS. By combining decades of expertise and global reach, this strategic acquisition unites two of Norway’s most reputable IP firms, enabling them to offer a comprehensive range of solutions in patents, trademarks and IP strategy. This milestone strengthens their position in building a best-in-class network for strategic IP management, marking a key step in their continued growth.
Learn more