Private Equity firm HIG acquires a stake in Royo Group

The new partner will assist Royo Group in further expanding internationally and strengthening the company’s footprint in other areas of the bathroom appliances segment through acquisitions, to become a major player in the consolidation of what is currently a highly fragmented sector in Europe.

Royo Group, a multinational specialising in bathroom furnishings and appliances (hydro massage baths, shower columns and trays), is considered the third largest bathroom furniture company in Europe and the leader in Spain. The company has 650 employees at its factories in Quart de Poblet (Valencia, Spain), Sztum (Poland) and Mexico City (Mexico). The Group, led by Raúl Royo, has a history spanning back 44 years and holds an unrivalled market position, becoming a global company present in 60 countries and with 80% of revenues generated internationally.

Currently, the company manufactures around 874,000 (furniture, ancillaries and mirrors) units at its three production facilities and has more than 10,000 points of sale worldwide.

 

All transactions