Lamosa Acquisition by CORONA
January 6 - 2016 On June 2015 Corona closed the acquisition of 100% of the sanitary ware business of Lamosa in Mexico, one of the leading producers and distributors in that market and with significant exports to the US and Canada markets. The business acquired has a production capacity of 3 million pieces / year from two production facilities located in Monterrey and in Benito Juárez. This acquisition is of strategic importance not only as it strengthens Corona's presence in the Mexican market - today served via exports from Colombia, but also as it complements Mansfield' operations in the US (Corona's US sanitary ware business). Please find below links to media articles here. Source: VICTORIA