Nazca sells Mcbath to The Engineered Stone Group

Nazca acquired McBath in February 2017 and, after a successful international expansion project, has materialized the first divestment of its Nazca IV Fund. With this operation the Fund has obtained a return of more than twice the investment in less than 4 years.

McBath, founded in 2006 and based in Ribarroja (Valencia), is one of the European leaders (with 80% of its turnover outside Spain) in the manufacture of resin shower trays, a niche in the bathroom market developed in Spain and with high growth potential.

The company closed 2019 with a turnover of €25.5m and an EBITDA of over €5m. According to a statement, McBath has recovered from the impact of the COVID-19 and has forecasts to close the year 2020 with higher figures than those reached the previous year.

Livingstone Partners, Latham & Watkins (with a team comprising partners José Antonio Sánchez Dafos, José María Jiménez-Laiglesia, and associates María Pilar Villanueva and Carlos Betoret) and Cuatrecasas (with partner Alicia de Carlos and associates José Manuel de Foronda  and Víctor Maench Aznárez) advised Nazca on this transaction.