Sole financial advisor to Italcer in the acquisition of t Equipe Cerámicas

The IMI Corporate & Investment Banking Division of Intesa Sanpaolo acted as sole financial advisor to Italcer, supporting the client throughout the whole process and offering its skills, knowledge and sector experience.

Italcer, backed by the private equity Mandarin Capital Partners (MCP) has acquired Equipe Cerámicas, a portfolio company of the Spanish private equity Miura Private Equity.

Italcer is an Italian leading group in the high-end ceramic sector and Equipe Cerámicas is a Spanish leading company in flooring and walling small format tiles. The group is expected to reach a combined revenue of EUR 220M and EUR 50M EBITDA in 2021.

The acquisition represents a landmark transaction in the ceramic sector, creating the largest European ceramic platform backed by private equity in just 4 years, present in the two most important ceramic districts in the world, Italy and Spain, and that combines innovation, development, sustainability and a unique professionalized management team lead by Graziano Verdi.