Laminam Expands in Spain with Iberstone Stake Acquisition

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Laminam Expands in Spain with Iberstone Stake Acquisition

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Laminam, world leader in the large ceramic slabs sector, has purchased the controlling stake in Iberstone from the Zapatero family. The new acquisition of the main player in Spain for the distribution of large-format Laminam slabs and natural stone for kitchens and interiors, and the operation thus represents a further step in the manufacturer’s growth and internationalization path.

 

Image Courtesy of: Simona Amici

Continuity and Strengthening of Distribution

In continuity with the previous management, Iberstone’s nine logistics centers , all its personnel, and all commercial assets have been transferred into the newly formed IBERSTONE LAM, of which Laminam is the main shareholder and the Zapatero family has a significant holding.

The new company structure will therefore ensure continuity in the commercial dynamics, with José Luis Zapatero and his son Rubén Zapatero continuing as company directors.

The current nine logistics centers (Barcelona, Valencia, Madrid, Majorca, Zaragoza, Valladolid, Basque Country, Asturias, Gran Canaria), plus the distribution network, provide total coverage and guarantee fast, accurate and timely delivery of slabs to over 1000 fabricators.

The consolidated experience of the Zapatero family and Laminam’s investment capacity will allow further development of the market potential and ambitious new goals to be set.

Spain: a Strategic Market

The recognizability of the Laminam brand, synonymous with aesthetic excellence, high product quality and reliability, technological innovation, and sustainability of its production processes, has allowed the Italian company to win ever-greater market share over the years. Thanks to its successful partnership with the Zapatero family, Laminam has built a strong presence in a market of strategic importance.

The new agreement is testament to Laminam’s international growth path: the new company will, indeed, join the other twelve foreign subsidiaries which cover the most important foreign markets.

Our acquisition of Iberstone is the natural evolution of a profitable and professional partnership and friendship, based on reciprocal trust and esteem, which has seen both companies grow and establish themselves,” said Alberto Selmi, CEO of Laminam. “This operation not only allows us to strengthen our presence in a strategically important market, but also to combine our expertise with a team which shares our values and our vision”.

JL Zapatero: “For the Zapatero family this is a major step forward, thanks to the great trust and friendship which characterize our links to the management team. Joining a global brand like Laminam will have a positive impact on the Spanish market and promises a great future in our sector, combining the high quality of our product with the experience we have gained over all these years.”

 

 

 

Feature Image Courtesy of: Simona Amici

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