# Lamosa acquires Spanish tile maker Baldocer for EUR 425 million

Mexican ceramics and construction materials company Lamosa has agreed to acquire Spanish tile manufacturer Baldocer for EUR 425 million, with payments in 2023 and 2025, expanding its European presence.

- Type: Acquisition
- Announced: 2023-11-21
- Where: Castellón, Spain, Spain
- Value: $464.0M (425.0M EUR)
- Status: announced
- Capacity: approximately 275 million square meters per year (combined)
- Products: ceramic tiles, porcelain tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Baldocer](https://endata.com/companies/72798.md) (target)
- [Lamosa](https://endata.com/companies/73951.md) (acquirer)

## Sources

- [mundoejecutivo.com.mx](https://www.mundoejecutivo.com.mx/empresas/lamosa-empresa-mexicana-azulejos-compra-espanola-baldocer/), 2023-11-21: "El gigante mexicano de la cerámica y otros materiales de construcción Lamosa crece con la compra de uno de los fabricantes españoles que más había crecido en la última década, el castellonense Baldocer."

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