Bought Polish manufacturer Marmorin – eyeing growth in the USA
Schock, a manufacturer of quartz composite sinks and supplier of high-quality faucets, has acquired Marmorin, a Polish manufacturer of molded quartz parts. The acquisition is a key component of Schock’s growth strategy. The parties have agreed not to disclose the purchase price or details, according to today’s press release.
Marmorin, a family-owned company founded in 1985 and headquartered in Wschowa, Poland, manufactures freestanding bathtubs and washbasins and shower trays, which are particularly in demand in North America. “Marmorin offers outstanding products, has great material and design know-how, and a customer base that will enable us to tap further potential in the USA. This acquisition underlines our ambition to further expand our position in this key growth market,” says Ralf Boberg, CEO of Schock. Marmorin is also positive about the change in ownership: “We have known and appreciated each other for a long time,” says Jakub Hrab, CEO of Marmorin. “With Schock, the right partner has been found to drive growth in the U.S.”
The acquisition of Schock by private equity firm Triton in March 2021 set the stage for further geographic expansion. The acquisition of Marmorin was made in close cooperation between Schock management and the Triton team.