Overview of Grupo Lamosa and its Recent Investment
Grupo Lamosa, a Mexican company specializing in the manufacturing and commercialization of ceramic tiles and adhesives, has announced a significant investment of approximately $200 million to build a new high-productivity ceramic tiles plant in the state of Tlaxcala.
Investment Details and Timeline
According to a company statement, this investment will be executed in phases over the next five years. The funds will be allocated to incorporate cutting-edge technology, boost productive efficiency, and strengthen market responsiveness.
Positive Impacts on the Region
Besides enhancing operational efficiency and production capacity, the new plant is expected to create job opportunities in the region and contribute to local economic development. Although the company did not specify the number of jobs, it is clear that this investment will have a positive ripple effect on Tlaxcala’s economy.
Grupo Lamosa’s Recent Financial Performance
In the second quarter, Grupo Lamosa invested a total of 2,154 million pesos, primarily for maintaining and upgrading the technological capabilities of its plants as well as improving information technologies.
- This investment amount includes the final payment for the acquisition of Spanish company Baldocer, which took place in 2023 for approximately 71 million euros.
- Grupo Lamosa’s total sales reached 17,628 million pesos during the first half of the year, marking a 7% growth compared to the same period in the previous year.
Segment-wise Sales Performance
During this period, the ceramic tiles business generated 12,691 million pesos in sales, accounting for 72% of total revenues and a 9% increase compared to the first half of 2024.
The adhesives division’s sales totaled 4,934 million pesos during the first half of the year, representing 28% of overall income and a 3% growth compared to the same period in the previous year.
Grupo Lamosa’s Global Footprint
With over 130 years of operation and presence in nine countries, Grupo Lamosa focuses on manufacturing and commercializing ceramic tiles, adhesives, and insulation products.
The company operates 50 production centers across its various business divisions in Latin America and Europe.
- Out of these, 21 belong to the ceramic tiles business, with nine in Mexico, two in Colombia, two in Argentina, three in Peru, and three in Brazil, along with two in Spain.
- The adhesives division has 14 plants, twelve in Mexico, one in Guatemala, and another in Chile.
- The acquisition of Fanosa in Mexico added 15 productive facilities, covering the entire national territory.
Key Questions and Answers
- Who is Grupo Lamosa? Grupo Lamosa is a Mexican company with over 130 years of experience in manufacturing and commercializing ceramic tiles, adhesives, and insulation products.
- What is the purpose of the $200 million investment? The investment aims to build a new high-productivity ceramic tiles plant in Tlaxcala, incorporating advanced technology and boosting operational efficiency.
- How will this investment impact the local economy in Tlaxcala? The new plant is expected to create job opportunities and contribute to the region’s economic development.
- What were Grupo Lamosa’s recent financial achievements? The company reported total sales of 17,628 million pesos in the first half of the year, a 7% increase compared to the same period last year. Ceramic tiles sales grew by 9%, while adhesives division sales increased by 3%.
