24 July 2023, 14:58
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Dicsa Group, a hydraulic and pneumatic connectors and components manufacturer and distributor, has joined the British distribution group Diploma PLC.
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Dicsa is the leading company in Spain and one of the European leaders in the fluid power sector.
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Dicsa has subsidiaries in Italy and America, as well as delegations in major regions worldwide.
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Dicsa achieved sales of over 85 million euros in 2022, with an EBITDA of more than 22 million euros.
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The Carmen-Lequerica family, owners of Dicsa for 40 years, decided to sell their shareholding to Diploma PLC to ensure the company's growth plan can continue.
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Diploma PLC is a British distribution group listed on the London Stock Market with a capitalization level of over 4 billion euros.
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Diploma PLC has a diversified portfolio of industrial companies with sales exceeding 1 billion pounds in the 2022 financial year.
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Diploma PLC has a presence in over 15 countries and employs more than 3,000 people.
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Dicsa was advised by Eklipsus Partners, Garrigues, and KPMG, while Diploma PLC was advised by Greenhill, Pérez-Llorca, and Deloitte
Dicsa group, the hydraulic and pneumatic connectors and components manufacturer and distributor, joins the British distribution group Diploma PLC. Thus, it now leads its business area focused on sealing and fluid management solutions.
Dicsa is the leading company in Spain and one of the European leaders in the fluid power sector. This is due to its position as a manufacturer of stainless steel products, as well as a distributor of connectors and components for different industries.
The company has a wide international reach, with subsidiaries in Italy and America, as well as delegations in the main regions of the world. All this has enabled Dicsa to exceed 85 million euros in sales in 2022, generating an EBITDA of more than 22 million euros.
In the absence of generational continuity to carry out the company’s future project, the Carmen-Lequerica family, owners since the company was founded 40 years ago, and after evaluating various alternatives, have decided to sell their shareholding to Diploma PLC group. This will ensure that the company’s growth plan can continue.
Diploma PLC is a distribution group based in Great Britain, listed on the London Stock Market with a capitalisation level of more than 4 billion euros. The Group is made up of a diversified portfolio of industrial companies with sales in excess of 1 billion pounds in the 2022 financial
year. With more than 3,000 employees, it is present in over 15 countries.
In relation to the sale agreement, Dicsa has been advised by Eklipsus Partners, Garrigues and KPMG and Diploma PLC has been advised by Greenhill, Pérez-Llorca and Deloitte.
Source: Anmopyc; DICSA
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