ROCA Industry completes transaction to acquire Workshop Doors

by   CIJ News iDesk V
2024-02-15   10:01
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The building materials holding ROCA Industry announces the completion of the transaction for the acquisition of 70 percent of the share capital of Workshop Doors. The price of the transaction is RON 30 million. According to the terms of the transaction, the holding company has the option to acquire an additional 30 percent of the shares issued by Workshop Doors.

Workshop Doors, present on the interior door market since 2009, operates with two production facilities, located in Reghin and Petelea, Mureș county. In the last financial year, related to 2023, the company achieved an estimated turnover of RON 48.8 million and EBITDA.

"This acquisition underlines the firm commitment of ROCA Industry to strengthen its position in the market of construction material manufacturers by adding a new important player in the holding. The Experience in the sector of interior doors, accumulated in recent years by the ROCA Industry team through Eco Euro Doors, but also the know-how of the Workshop Doors founder who remains with us, represents a premise of success for improving processes both at the operational, commercial and supply channel levels. With this step, we are entering a new stage of development and scaling of the holding, having the ability to create a reference player at the European level," declares Ionuț Bindea, CEO of ROCA Industry.

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