European leading group in the ceramic sector
Italcer Group is a leading global player in the Italian and Spanish high-end ceramic tile sector, covering the widest product range on a professionalized and industrial scale unique on the market. Since inception, the group has acquired renown brands with a large tradition in the ceramic industry such as Ceramica Rondine, La Fabbrica Ceramiche, Elios Ceramica, Cedir, Devon & Devon and Equipe Cerámicas.
In May 2018, Miura Partners acquired a majority stake of Equipe Cerámicas, the Spanish leading small size wall & floor tile specialist. Founded in 1999 in Figueroles (Castellón), Equipe Cerámicas pioneers the industrialization of the small size ceramic tiles production and offers a wide variety of proprietary tailor-made high-quality collections for each of the markets it serves.
In March 2021, Miura Partners and Mandarin Capital Partners (MCP), a leading private equity firm for Italian mid-market companies, fostered the creation of a leading ceramic group in Europe by integrating Equipe into Italcer.
Italcer, which counts on an extensive catalogue in medium and large format ceramic solutions, widens its range of products with small format tiles, a segment that is booming in the global markets at double-digit figures, which should allow Italcer to continue growing combining floor and wall solutions in the coming years. The group has a consolidated international presence with exports of 80% to more than 80 countries, mainly in Europe and the US.
The group is expected to reach a combined revenue of more than €220 million and €50 million EBITDA in 2021.