Investor Presentaiton
October 12, 2021
GBM
HISTORICAL MARKET SHARES (VOLUMES SOLD)
After the acquisition of Porcelanite in 2007, LAMOSA positioned itself as the leader in the Mexican ceramic tiles market, more than doubling in size when compared to the second-largest player. Despite the industry
still has room for further consolidation, with several family-owned Mexican ceramic tile producers holding less than 3% of the market, it appears that the largest competitors are preferring the organic growth
route, with all companies (except for Vitromex) having added capacity since 2010, while no acquisitions have happened in Mexico over that same period. In contrast, many acquisitions have taken place abroad, with
LAMOSA and Mohawk (Daltile's holding), the largest ceramic tile producers in the world, being particularly active.
Ceramic Tiles Sold (Market Shares)
LAMOSA
11%
PORCELANITE®
diseña tus sueños
INTERCERAMIC
VITROMEX
Adaltile
Source: GBM Research
Castel
azulejos baños sabinas
Others &
Imports
N/A
N/A
N/A
- - - - -
13%
2001
22%
36%
N/A
LAMOSA
2007
In 2007, LAMOSA bought Porcelanite
15%
21%
48%
18%
N/A
16%
2.8%
N/A
2020
16.5%
15.7%
14%
11.0%
40%
LAMOSA/CERAMIC: THE ROAD TO GROWTH IS PAVED WITH TILES. | 15View entire presentation