Sale of 100% of Eliane to Mohawk Industries
Olimpia Partners advised on this M&A (sell-side) transaction involving Eliane and Mohawk Industries, in the Construction Materials sector. Deal value: Confidential.
Exclusive financial advisor to Eliane Revestimentos Cerâmicos.
Eliane & Mohawk Industries
Construction Materials · M&A (sell-side) · Confidential
Case Study
• In October 2018, Mohawk Industries, Inc. (“Mohawk”) announced the acquisition of 100% of Eliane S/A Revestimentos Cerâmicos (“Eliane”) for approximately US$250 million
– This transaction represents Mohawk’s first acquisition in the Brazilian ceramic tile industry
• Located in Cocal do Sul (SC), Eliane is one of the largest manufactures of ceramic tile in the country
– Eliane has a diversified portfolio of products, including wall tile, floor tile, glazed and unglazed porcelain tile and other specialty products
– The company has 4 industrial facilities in Santa Catarina and 1 in Bahia, with total production capacity of over 36 million m2 per annum
– The company’s products are distributed through more than 15,000 points of sale in Brazil
– Eliane is Brazil’s largest ceramic tile exporter, with presence in more than 80 countries
Transactions