Sikamar Strengthens Market Position with Capital Increase

In a strategic move to solidify its market position and accelerate growth plans, Sikamar, a leading producer of high-quality quartz sand and kaolin, has welcomed a group of private investors led by investment vehicle Laproe. Livingstone Partners advised Sikamar in this capital expansion, reinforcing its market leadership. Founded in 1959 and based in Valencia, Sikamar serves various industrial sectors like ceramics, glass, and chemicals. This development is expected to enhance Sikamar’s market consolidation and open new opportunities, while keeping the current management team intact. The investor group comprises experienced family and professional entities, seeking to create sectoral growth synergies for Sikamar. Legal advice to the investors was provided by Borso Abogados. Enrique and Mercedes Mart, Sikamar’s associates, expressed confidence in their new partners being pivotal for Sikamar's next growth phase. Eleuterio Abad of Livingstone praised the partnership and expects the investment to significantly improve Sikamar's financial solidity, enabling the fulfillment of its strategic ambitions.