Heritage B Completes Strohm Teka Divestment through MBO

Deal News | Jun 03, 2025 | Iberian Lawyer

Heritage B Completes Strohm Teka Divestment through MBO

Heritage B has successfully divested its Strohm Teka bathroom business through a management buyout (MBO), supported by private investors and international banks. The management team, with over 20 years of experience, has driven significant growth, leading to a 60% increase since the business's carve-out from Teka in 2018. The transaction strengthens Strohm Teka's market position in Spain, Hungary, and internationally. This move aligns with its strategic goals of expansion and innovation. Advisors for the transaction included Lener, representing the management team, and Lincoln International and Uría Menéndez for Heritage B.

Sectors

  • Bathroom Solutions Manufacturing
  • Private Equity and Management Buyout

Geography

  • Spain – Strohm Teka is a major player in the Spanish market, and part of its growth strategy centers on consolidating its presence here.
  • Hungary – A key market for Strohm Teka, alongside Spain, where it seeks to strengthen its market position.

Industry

  • Bathroom Solutions Manufacturing – The sector involves the production and distribution of bathroom fixtures and related products, which Strohm Teka specializes in, having established significant growth and market presence.
  • Private Equity and Management Buyout – This relates to financial transactions where management acquires ownership, supported by private equity, as demonstrated in Strohm Teka's acquisition.

Financials

    Participants

    NameRoleTypeDescription
    Heritage BSelling CompanyCompanyFormer owner of Strohm Teka's bathroom business line, divesting through a management buyout.
    Strohm TekaTarget companyCompanyRenowned bathroom solutions provider, now operated by its management team post-MBO.
    LenerLegal AdvisorCompanyAdvised Strohm Teka's management team during the MBO transaction.
    Uría MenéndezLegal AdvisorCompanyAdvised Heritage B on the divestment transaction.
    Lincoln InternationalCorporate Finance AdvisorCompanyAdvisors to Heritage B during the divestment transaction.