14 July 2014 - ADM Capital acquires majority stake in Ceramica S.A. from Advent International
ADM Capital, a leading international private equity fund with 15 years of experience in emerging markets, has acquired 85% stake in Ceramica S.A. from Advent International.
Established in 1967 as a state entity and privatized in 1994, Ceramica S.A. is the second largest brick producer and one of the leading masonry producers in Romania. Ceramica S.A. serves the Romanian construction industry with a wide product portfolio consisting of hollow bricks, paving bricks, façade and decorative products in various colors and dimensions. Headquartered in Iasi, the Company has a large distribution network to target most of Romania and also exports to the Republic of Moldova and Ukraine.
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