Cupire Padesa S. L.
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Cupire Padesa S. L. - overview
Established
1968
Location
Ourense, -, Spain
Primary Industry
Materials
About
Cupa Padesa S. L. engages in the extraction and processing of natural stone products, specializing in slate and stone solutions for the construction industry, serving clients globally with a broad range of applications. Founded in 1968 in Ourense, Spain, Cupa Padesa S.
L. operates within the natural stone sector, providing essential materials for construction. The company has not undergone any notable pivots but was involved in a significant transaction in January 2022, when Brookfield Asset Management acquired a majority stake from Carlyle Group for approximately USD 950 mn. The company has completed 2 deals to date, with the most recent deal occurring on January 28, 2022.
To date, Cupa Padesa S. L. has raised a total of USD 950 mn in funding, with the latest round being a Secondary Buyout. The firm does not have any known subsidiaries nor was it formed through a merger or carve-out.
There is no publicly available information regarding its founder or CEO history. Cupa Group specializes in the extraction and processing of natural stone products through two main divisions: Cupa Pizarras and Cupa Stone. Cupa Pizarras is the leading name in natural slate, supplying high-quality roofing and façade solutions tailored for residential and commercial construction markets. Cupa Stone offers natural stone products for various applications, such as flooring, cladding, and landscaping, catering to clients across over 70 countries, primarily focusing on markets in Europe, North America, and Asia.
In the most recent fiscal year of 2023, Cupa Padesa S. L. reported revenue of USD 13. 49 mn, with an EBITDA of USD -4.
37 mn. The company generates revenue through B2B transactions, establishing long-term partnerships with distributors, wholesalers, and construction companies that secure regular orders for both Cupa Pizarras and Cupa Stone. The pricing strategy varies based on product type and order volume, with premium slate and custom stone solutions generally attracting higher price points. The comprehensive distribution network underpins client loyalty and the repeat business model.
To support ongoing development, Cupa Padesa S. L. plans to leverage its recent investment from Brookfield Asset Management, which will facilitate continued growth and expansion. The company is focusing on launching new products and enhancing its presence in international markets, although specific product timelines and targeted regions have not been disclosed.
The strategic utilization of the recent funding will aid in these initiatives as it aims to further penetrate geographic markets and expand its product offerings.
Primary Industry
Materials
Sub Industries
Masonry Materials
Website
www.cupagroup.com
Verticals
Research (Non-Medical)
Company Stage
Mature
Total Amount Raised
Subscriber access only
Cupire Padesa S. L. - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,009,205 | 5,951,032 | 5,880,842 | 11,836,011 | 6,446,807 | 3,810,621 | 400,329,370 | - | - | - |
| % Revenue Growth (YoY) | - | (1.0%) | (1.2%) | 101.3% | (45.5%) | (40.9%) | 10405.6% | - | - | - |
| EBITDA (USD) | (4,663,209) | (11,207,295) | (8,644,101) | (4,749,052) | (17,892,685) | (10,725,844) | 83,221,242 | - | - | - |
| Operating Income (USD) | (5,302,937) | (11,842,280) | (9,268,499) | (5,360,820) | (18,502,816) | (11,308,122) | 49,465,421 | - | - | - |
| Operating Margin | (88.2%) | (199.0%) | (157.6%) | (45.3%) | (287.0%) | (296.8%) | 12.4% | - | - | - |
| % EBITDA Margin | (77.6%) | (188.3%) | (147.0%) | (40.1%) | (277.5%) | (281.5%) | 20.8% | - | - | - |
| NET Income (USD) | 7,773,357 | (17,649,057) | (6,961,442) | (4,910,118) | (19,424,045) | (8,541,652) | 24,262,621 | - | - | - |
| % Net Margin | 129.4% | (296.6%) | (118.4%) | (41.5%) | (301.3%) | (224.2%) | 6.1% | - | - | - |
Cupire Padesa S. L. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Cupire Padesa S. L. | - | ||||||||
| Add-on | Completed | Pizarras Lomba SL | - | ||||||||
| Add-on | Completed | Proinor | - | ||||||||
| Add-on | Completed | Burton Roofing Merchants Ltd | - | ||||||||
| Buyout | Completed | Cupire Padesa S. L. | - |
Displaying 1 - 5 of 5
Cupire Padesa S. L. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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