FRITTA

Established in 1973 in Onda, Spain, Fritta produces ceramic frits and glazes as well as ceramic colors and inkjet inks, all critical intermediate products in the manufacturing of ceramic tiles. The Company’s global activities are supported by two frits manufacturing plants in Spain and Vietnam and two glaze mixing units in Italy and Mexico. Fritta employs around 300 people and its products are sold to approximately 200 customers worldwide. In 2014, Fritta is forecast to generate sales and EBITDA of around €100 million and €16 million, respectively. Over 50% of Fritta’s sales are generated outside of Spain.