On January the 30th, 2020, MBO & Co and Aquasourça sold their majority stake in the company Construplas to The Cranemere Group, a UK-based Holding Company, who also owns Marmite as part of a European Engineered Stone Group, a leading supplier of basins, bathtubs and shower trays made of engineered stone.
As a reminder, in December 2016, MBO & Co and Aquasourça conducted, with the management team, the spinoff from the Spanish ceramic group Keraben. Construplas, based in Valencia in Spain, produces and distributes under the brand Acquabella shower trays, bathroom furniture and wall panels in polyurethane resin.
“The exigence and complementarity of the management team, led by Juan José Benavent, enabled Construplas to achieve an excellent performance illustrated by the perfectly executed spinoff and the turnover doubled in 3 years, with more than 85% of the sales now registered abroad. A new international adventure opens up for Construplas, as part of the Engineered Stone Group, demonstrating the strategic value of the company and enabling MBO Capital 3 to record a very good performance” Richard Broche, Partner at MBO & Co.