San Marco Group Expands with Acquisition of Volimea GmbH
Deal News | May 21, 2025 | Finance Community IT - 1 Corporate M&A
San Marco Group, a key player in the market for paints and varnishes for building and interior design, has acquired Volimea GmbH & Cie. KG through its newly established company San Marco Coatings Deutschland. KPMG served as the financial advisor in the transaction, with a team led by Fabio Tonon, Luca Masaro, and Elena Bizzotto. The legal due diligence and contractual assistance were also provided by KPMG Law. This acquisition is part of San Marco Group's broader strategy of international expansion, particularly in the high-demand German market for decorative paints and high-end flooring systems. Volimea, with its strong presence in the premium segment within the DACH region, was an attractive target, operating under five proprietary brands and catering mainly to professionals via a dedicated online sales platform. This strategic move aims to expand San Marco Group's product offerings and enhance its presence in over 100 countries, particularly focusing on Germany’s booming sector for decorative and high-performance flooring coatings.
Sectors
- Construction Materials
- Professional Services
Geography
- Germany – The acquisition of Volimea GmbH & Cie. KG marks an expansion into the German market, a strategic target for growth.
- Italy – San Marco Group is an Italian company expanding its operations into Germany.
Industry
- Construction Materials – The article involves companies that produce paints and coatings for buildings, highlighting an acquisition that expands a portfolio in construction materials.
- Professional Services – KPMG, providing M&A financial advising and legal services, operates in the professional services sector.
Financials
- Over 122,800 million – San Marco Group's revenue for 2024.
- 21.1% – Ebitda margin of San Marco Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| San Marco Group | Acquirer | Company | An Italian company specializing in paints and varnishes for the building and interior design markets. |
| Volimea GmbH & Cie. KG | Target Company | Company | A German company specialized in high-end floor and wall coatings. |
| KPMG | M&A Financial Advisor | Company | Provided financial advice and legal due diligence for the acquisition. |
| Fabio Tonon | Director | Person | Lead the team from KPMG assisting in the acquisition process. |
| Luca Masaro | Associate Director | Person | Part of the advisory team from KPMG on the acquisition. |
| Elena Bizzotto | Analyst | Person | Part of the KPMG team overseeing financial due diligence and negotiation. |