Nazca Capital Acquires Majority Stake in Coycama and Becrisa

Deal News | Mar 25, 2025 | Iberian Lawyer

Nazca Capital Acquires Majority Stake in Coycama and Becrisa

Nazca Capital, through its Nazca Small Cap II fund, has acquired a majority stake in a newly formed group following the integration of Coycama, Becrisa, and other entities. This strategic move aims to consolidate their presence in the Spanish bathroom sector, known for its quality products and exceptional service level. The group consolidates four companies, bolstering its position in bathroom furniture, Solid Surface washbasins, shower trays, shower screens, sanitary ware, and faucets. The combined group flaunts over 40 million euros in sales with an EBITDA surpassing 5 million euros, marking its international presence by exporting 30% of its sales to more than 20 countries. The existing partners, with over 30 years of cumulative experience in the sector, will remain active in the company to ensure continuity and growth.

Sectors

  • Bathroom Manufacturing
  • Private Equity

Geography

  • Spain – Coycama, Becrisa, and the acquired group are based in Spain, which is the central operational hub of the transaction.

Industry

  • Bathroom Manufacturing – Involves companies within the production of bathroom-related products such as furniture, washbasins, shower trays, and sanitary ware.
  • Private Equity – Nazca Capital's acquisition of the majority stake illustrates activities in private equity investment, focusing on strategic portfolio expansion.

Financials

  • 40 million euros – Combined annual sales of the newly formed group.
  • 5 million euros – EBITDA of the group post-integration.

Participants

NameRoleTypeDescription
Nazca CapitalAcquirerCompanyA private equity firm managing the Nazca Small Cap II fund, specializing in strategic investments.
CoycamaTarget CompanyCompanyInvolved in the bathroom sector, contributing to the consolidated group post-merger.
BecrisaTarget CompanyCompanyPart of the established group after merging with Coycama, active in the bathroom sector.