Serafin buys flooring firm RCR

A Swiss portfolio company of Serafin's, Conica, also has operations in flooring, but the investor said they will continue to operate independently in their respective markets.

RCR CEO Emilio Esteban said the company was pleased to partner with Serafin due to its long-term approach and operational experience.

Company
RCR was created in 2006 through the merger of Rinol and Rocland. The company provides installation of high-specification floors, produces resins, hardeners and steel joints, and offers a consultancy service.

RCR is headquartered in Madrid and has seven production sites in Europe, Latin America and Africa. It generated sales of €160m in 2018 and is forecasting €170m in 2019. It employs 850 people.

People
Serafin Group – Philipp Haindl (founding partner).
RCR Industrial Flooring – Emilio Esteban (CEO).

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• Buyouts
• Southern Europe
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