Roca has recently acquired Akvaton, a leading Russian company specialising in bathroom products, strengthening its leadership position worldwide.
With a share of around 15% of the Russian market, Akvaton manufactures sanitaryware and ‘solid surface’ washbasins.
This acquisition will enable Roca to satisfy increasing internal demand in the Russian market along with that of its Commonwealth of Independent States (CIS), currently driven by strong economic growth which is expected to continue for some considerable time.
This follows the purchase of Ugrakeram in 2010 which specialises in the manufacturing and marketing of vitreous china sanitaryware and has the largest vitreous china sanitaryware factory with the biggest production capacity in the Russian Federation.
Roca is also planning to open a sixth plant in June 2011 which will be dedicated to the manufacture of acrylic bathtubs.
This latest acquisition means that Roca now owns five production plants in Russia, employing over 2500 in total, making it a truly significant force in the country’s industry as well as leading Spanish company in investment volume terms.
For more information call 01530 830080 or visit www.roca.com
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