Nazca acquires 100% of the capital of McBath, along with the management team

Nazca Capital has acquired one hundred percent of Moldcom Composites, S.L. (“McBath”) along with the management team of the company. McBath was founded in 2006 and is specialized in resin bathroom products. This investment is the first operation of Nazca Fund IV, established in the second half of 2016, with capital of €275 million.

With headquarters in Ribarroja (Valencia), McBath is one of the European leaders in resin shower trays, a niche market which is registering double digit growth and expanding in different European countries. With over 120 employees, the company has tripled its volume of sales since 2013, ending the 2016 financial year with sales of around €20 million and positioning itself as one of the brands of reference in the resin and solid surface shower tray and washbasin segment. The company has a high international component, as around 80% of its sales are from exports, with France as its main market.

Grupo Zriser acquired the majority of the capital of McBath to support the development of its strategic plan, in particular its international expansion. After completing the initial phase of the plan with notable success, Grupo Zriser decided to pass the baton to Nazca.

In this new phase, McBath is committed to the continuity of current management, aspiring to maintain the rate of growth through national and international expansion, and through the development of new products, as well as the selective acquisition of companies which may complement its range of products.

EY and Cuatrecasas advised Nazca in the acquisition of McBath, and Livingstone Partners and Garrigues advised the sellers.