Nazca Capital has acquired a majority stake in the newly formed group from the integration of Coycama and Becrisa, aiming to drive growth and efficiency in the Spanish bathroom sector.

Target Company Information

Coycama and Becrisa are two prominent companies in the bathroom sector, with strong positions across various segments including furniture, sinks, shower trays, shower screens, and sanitary ware. Their merger represents the establishment of a reference group within the industry.

This integration marks a significant step towards creating a leading entity in the Spanish bathroom market, combining the strengths and capabilities of both companies to enhance production capacity and service quality.

Industry Overview in Spain

The bathroom fixtures and fittings industry in Spain has demonstrated robust growth over the years, driven by increasing construction activities and the rising demand for renovations in resi

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Nazca Capital

invested in

Coycama and Becrisa

in 2025

in a Other Private Equity deal

Disclosed details

Transaction Size: $240M

Revenue: $44M

EBITDA: $5M

Enterprise Value: $240M


Multiples

EV/EBITDA: 44.6x

EV/Revenue: 5.5x

Deal Parameters
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