# Grupo Lamosa to acquire Baldocer for €425 million

Mexican construction materials manufacturer Grupo Lamosa has reached an agreement to acquire Spanish company Baldocer for at least €425 million (approximately $452.41 million).

- Type: Acquisition
- Announced: 2023-09-22
- Where: Spain
- Value: $452.4M (425.0M EUR)
- Status: announced
- Products: construction materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Grupo Lamosa](https://endata.com/companies/48661.md) (acquirer)
- [Baldocer](https://endata.com/companies/72798.md) (target)

## Sources

- [es-us.finanzas.yahoo.com](https://es-us.finanzas.yahoo.com/noticias/mexicano-grupo-lamosa-llega-acuerdo-134659219.html), 2023-09-22: "Grupo Lamosa alcanzó un acuerdo para adquirir la empresa española Baldocer por al menos 425 millones de euros"
- [cuatrecasas.com](https://www.cuatrecasas.com/en/global/art/mexican-grupo-lamosa-signs-deal-to-acquire-baldocer), 2023-10-24: "Valued at a minimum of €425 million, the transaction will be paid in two parts; the first for €354 million at the time of closing the deal, and the second payment in 2025 for no less than €71 million."

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