ROCA Industry takes over the majority stake of Eco Euro Doors, the largest Romanian door manufacturer

ROCA Industry, the holding company that brings together construction materials companies in the portfolio of ROCA Investments, has signed a contract to purchase a 70 percent stake in Eco Euro Doors (EED).

The largest Romanian manufacturer of doors for residential construction, with 27 years of experience on the market and over 320,000 units sold in 2021, will thus join the two companies through which ROCA Industry operates – BICO Industries and Sarcom.

“This transaction is in line with ROCA Industry’s strategy to develop and scale strong domestic brands in the field of construction materials, both on the basis of a common strategy and through the synergies generated by their activity. With the know-how and resources we already have in this industry, we will work with the EED management team to address the challenges and opportunities ahead of us in order to take the company to the next level. Eco Euro Doors is a well-established player with a strong industry position, a diverse product portfolio and a well-defined business strategy. We are glad that their vast experience will become part of ROCA Industry and we are ready to further grow this Romanian business. According to our plans and objectives, ROCA Industry has a huge potential to contribute to increasing the competitiveness and autonomy of the domestic construction materials industry,” said Liviu Stoleru, CEO of ROCA Industry.

With a turnover of almost 13 million euros in 2021, Eco Euro Doors will continue to grow by introducing new products tailored to the changing needs of consumers, by focusing on the Premium niche and by expanding its customer portfolio and production capacity.

The transaction takes place in the context of a good dynamics of the door manufacturers sector, estimated in 2020 at a total value of 140 million euros, at local level and with an annual growth rate (CAGR) estimated to reach 6 percent between 2022-2025.

The construction materials holding company Roca Industry will be listed on the AeRO market of the Bucharest Stock Exchange.