Barpimo Coatings Joins Kusto Group's Expanding Portfolio
Deal News | Jun 05, 2025 | Iberian Lawyer
Kusto Group has acquired Barpimo Coatings, a leading Spanish manufacturer of paints and coatings, marking another step in its strategic expansion into the European market. Founded by Juan Ros Montesinos, Barpimo has grown under the stewardship of the Montesinos family and includes a seasoned professional management team. With over 60 years in the industry, Barpimo is noted for its broad product range and advanced manufacturing capabilities. This acquisition aligns with Kusto Group's long-term international growth strategy within the paint, varnish, and construction materials sectors. The group has a history of successful acquisitions, including Tambour in Israel, Zetagi in Italy, and Verinlegno in 2024, all aimed at reinforcing its market presence and innovative capacity across global markets.
Sectors
- Paint and Coatings Industry
- Construction Materials
Geography
- Spain – Barpimo Coatings is located in the Rioja region in northern Spain, highlighting the geographical origin of the target company.
- Europe – The acquisition of Barpimo Coatings is part of Kusto Group's strategy to consolidate and expand its presence within Europe.
- Global – Kusto Group operates internationally with a focus on expanding its industrial and manufacturing capabilities worldwide.
Industry
- Paint and Coatings Industry – Barpimo Coatings operates in the paint and coatings industry, producing a wide range of products that fit into Kusto Group's strategy of expanding in this sector.
- Construction Materials – Kusto Group focuses on broadening its footprint in the construction materials sector, which includes their paint, varnish, and construction materials enterprises.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Barpimo Coatings | Target Company | Company | A distinguished Spanish manufacturer of paints and coatings acquired by Kusto Group. |
| Kusto Group | Bidding Company | Company | A multinational conglomerate focusing on the paint and construction materials sector, acquiring Barpimo Coatings. |
| Juan Ros Montesinos | Founder | Person | Founder of Barpimo Coatings, which has been managed by his family. |