Kartesia invests in Danosa Group

Kartesia, the European specialist provider of financing solutions for small and mid-sized companies, is pleased to announce a minority investment in Danosa (“the Group”), a leading manufacturer of waterproofing and insulation products for the construction industry. The transaction coincides with the change of the company’s name to Danosa Group.

The investment will enable Danosa to strengthen its leadership in the sector in the Iberian market by diversifying its product range, as well as boosting its presence in key international markets such as Portugal, Morocco, France, the United Kingdom, Colombia and India.

In addition, as part of its growth strategy, Danosa will focus on three fundamental pillars: energy efficiency, promoting innovative and sustainable solutions; process optimization; and management efficiency, strengthening its operational structure to ensure solid and sustainable growth over time. This agreement comes after a record year in investments, including the expansion of the Group’s factory in Portugal and Morocco, and the acquisition of 100% of Aislamientos Arellano.

Capital for the transaction was deployed from Kartesia’s Credit Opportunities (KCO) strategy, and the deal team at Kartesia consisted of Guillermo Ferre, Carlos Vázquez and Maria Blanquet. The entry of Kartesia reinforces Danosa’s long-term strategy, not only strengthening its financial capacity, but also reinforcing the company’s corporate governance.

Alberto del Río, CEO of Danosa Group, said: “The incorporation of Kartesia as a partner allows us to advance in our ambition to prepare the company for the long term, without losing our essence as a family business committed to sustainability and innovation. In this sense, Kartesia’s experience will be key to boost our expansion and strengthen us as the only Spanish-owned company in our sector.”

Guillermo Ferré, Partner and Head of Spain and Italy at Kartesia, added: “We are very proud to accompany a family company like Danosa, with 60 years of experience and a solid track record in the market, in its ambitious growth plan, based on a strong commitment to sustainability. This operation reflects our mission to support family businesses that are looking to take a strategic leap towards new horizons.”

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