January 4, 2022
Grupo Lamosa announces the closing of the acquisition of FANOSA, Mexico's leader in the Expanded Polystyrene (EPS) products industry.
San Pedro Garza Garcia, Nuevo Leon, Mexico. Following the announcement made on October 4, 2021, Grupo Lamosa announces that it has closed the acquisition of the Mexican company FANOSA, Mexico's leading manufacturer of Expanded Polystyrene (EPS) products, used primarily as insulation and lightening materials in the construction and packaging industries.
The acquisition of FANOSA, which received all the necessary approvals, was financed for the most part with the company's own resources.
This transaction represents an opportunity for Grupo Lamosa to create an important path for growth by leveraging the existing capabilities of the adhesives business.
Grupo Lamosa is a Mexican company that focuses on the manufacture and marketing of ceramic tiles and adhesives, with a track record of more than 130 years in the building materials industry.