# Pamesa acquires 50% of Argenta Cerámica and Cifre Cerámica

Grupo Pamesa has agreed to acquire a 50% stake in Argenta Cerámica and Cifre Cerámica. The deal value was not disclosed. The management will remain with the Cifre family, who retain the other 50%.

- Type: Acquisition
- Announced: 2020-02-10
- Where: Spain
- Status: announced
- Products: ceramic tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Grupo Pamesa](https://endata.com/companies/45155.md) (acquirer)
- [Argenta Cerámica](https://endata.com/companies/45156.md) (target)
- [Cifre Cerámica](https://endata.com/companies/45157.md) (target)

## Sources

- [elconfidencial.com](https://www.elconfidencial.com/empresas/2020-02-10/pamesa-compra-50-argenta-cifre_2448424/), 2020-02-10: "Este acuerdo va a permitir a todas las compañías obtener sinergias, economías de escala y ventajas competitivas que se traducirán en mejoras de productividad y resultados."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.