Baldocer

The group’s Tile business results declined in the first nine months of 2023. With the acquisition of Baldocer, finalised on 31 October, the Mexican group’s consolidated revenues are expected to grow by 16%.

The well-known Spanish ceramic tile manufacturer has strengthened its technology partnership with SITI B&T with an investment in a new plant for large-size tile production.

The new line is already fully operational and produces high-end full-body porcelain tiles for interior and exterior applications.