Corpfin Capital divests its investee company Dimoldura

Corpfin Capital sells its investee, a leading manufacturer and distributor of doors and mouldings, to Arbonia

Madrid, May 16, 2024 – Today Corpfin Capital completed the divestment of Dimoldura, leading designer and manufacturer of a full range of doors, mouldings and other complementary products. The company primarily sells its products in Spain, France, Portugal, the United Kingdom and Benelux, from seven strategically located production facilities in Spain, Portugal and France.

Since its investment in 2018, Corpfin Capital has contributed to the company’s growth and constant business improvement, using its resources and extensive experience in the industrial and construction materials sector; also, by undertaking the professionalization of its management team, driving product innovation and optimizing processes, aiming at organic and inorganic international growth while improving its sustainable development.

Javier Ortiz de Zárate, CEO of Dimoldura, said: “We are excited about our team joining the Arbonia group, as there is a clear alignment between the values, mission and culture of both groups. I am confident that the transaction will help Dimoldura continue its growth trajectory, following the successful expansion phase undertaken with the support of Corpfin Capital.”
Alvaro Olivares, Managing Partner of Corpfin Capital, commented: “Dimoldura team has done an outstanding job over the past six years transforming the business from a local manufacturer to a pan-European company, doubling its sales to c. €120 million by 2023 and significantly expanding its international presence to represent close to 50% of its business. Supporting the growth and professionalization of the company and the improvement of its operations has been a privilege for Corpfin Capital. The alliance between Dimoldura and Arbonia creates a leading interior door platform in Europe with great potential for future growth.”

Dimoldura (www.dimoldura.com) Founded in 1984, Dimoldura is one of the largest European manufacturers of doors and moldings and the leader in the Iberian Peninsula, with a strong international presence, exporting close to 50% of its production. Dimoldura designs, manufactures and distributes a wide range of doors, moldings and other complementary products.
Corpfin Capital (www.corpfincapital.com) Founded in 1990, Corpfin Capital is an independent private equity fund manager, specialized in supporting the growth and consolidation of medium-sized companies in Spain, contributing to their expansion and professionalization. From its inception, Corpfin Capital has managed five institutional funds for a combined amount of close to 1,000 million euros, promoting to date more than 50 companies in a wide variety of sectors. Corpfin Capital is led by Álvaro Olivares, Alberto Curto, Fernando Trueba and Gorka García.

Arbonia (www.arbonia.com), Arbonia is a specialized supplier of building components with two divisions operating in the areas of indoor climate control (heating, ventilation and air conditioning) and interior doors made of wood and glass. The company, listed on the SIX Swiss Exchange, operates worldwide with its own distribution branches as well as representatives and partners spread over more than 70 countries. Its main production sites are in Switzerland, Germany, the Czech Republic, Poland, Serbia, Italy and Belgium. In total, the Arbonia Group employes over 6,000 people.

For further information:
• Corpfin Capital: Natividad Sierra (nsierra@corpfincapital.com)
• Dimodura: Javier Ortiz (j.ortizdezarate@grupodimoldura.com)
• Arbonia: Fabienne Zürcher (fabienne.zuercher@arbonia.com)

Consultants:
• M&A: Greenhill (sell-side advisor)
• Legal: Garrigues y PWC
• Due diligence: KPMG y PWC