Modulo Decorative Solutions

Oaklins advises Modulo Decorative Solutions on its sale to CEECAT Capital

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Published: 26 Jan 2022 Updated: 13 Apr 2022

Oaklins advises Modulo Decorative Solutions on its sale to CEECAT Capital

Modulo is a market-leading company, tracing its roots to France over 40 years ago, dealing with the manufacturing of stone veneer wall-cladding solutions for the remodelling and renovation markets. The company’s head office and manufacturing facilities are located in Romania. Modulo operates a highly competitive and dynamic business model that offers an excellent value proposition to clients, allowing the company to earn high margins. Over the past few years, significant investments have been made in new production facilities and processes, product quality, range and innovation, such as digital printing on 3D support, as well as organizational streamlining, resulting in industry-leading manufacturing capabilities. Product offering includes high-quality indoor and outdoor concrete veneer and 100% synthetic free indoor gypsum veneer, with special textures and designs. The company is also involved in the distribution of natural stone. Modulo is an export-driven business, accounting for more than 60% of total activity.

CEECAT Capital is a leading private equity investor in central and eastern Europe, central Asia and Turkey. The firm has been active in the region since 2005, investing over US$737 million. CEECAT Capital operates with a team of 25 people out of five offices – London, UK, Luxembourg, Bucharest, Romania, Istanbul, Turkey, and Almaty, Kazakhstan.

Oaklins’ team in Romania acted as lead advisor to the seller and the management of Modulo Decorative Solutions in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing. Oaklins Smith & Williamson in the UK supported the transaction with its expertise in the building materials sector.

For further information please contact:

Brian Livingston
Managing Director
T: 020 7131 4914

Stuart Goodman
T: 020 7131 4999

By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.

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This article was previously published on Smith & Williamson prior to the launch of Evelyn Partners.