{"id":7463,"date":"2022-02-17T00:00:00","date_gmt":"2022-02-17T04:00:00","guid":{"rendered":"https:\/\/livingstagenew.wpenginepowered.com\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/"},"modified":"2026-06-25T08:53:37","modified_gmt":"2026-06-25T12:53:37","slug":"livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group","status":"publish","type":"transaction","link":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/","title":{"rendered":"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group"},"content":{"rendered":"\n<p><strong>Livingstone advised the shareholders of <\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/thu.es\"><strong>THU Ceiling Solutions<\/strong><\/a><strong> (\u201cTHU\u201d) on the sale of Spain\u2019s leading modular ceiling manufacturer to<\/strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.kingspangroup.com\"><strong> Kingspan Group<\/strong><\/a><strong>.<\/strong><\/p><p>THU was majority-owned by <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.zriser.es\">Zriser<\/a>, the family office of Ana and Pablo Serratosa, which acquired its stake in 2015, and had overseen a quadrupling of revenues during its tenancy, reaching over \u20ac44 million in sales in 2021.<\/p><p>Through this acquisition, Kingspan, a group with sales of \u20ac6.5BN ($7BN) and 15,000 employees, enters a new space in the buildings materials sector, offering THU management and employees an exciting future to create a significant European business.<\/p><p><strong>Gabriel Garc\u00eda, Managing Director at THU<\/strong>, commented,&nbsp;<em>\u201cJoining a multinational the likes of Kingspan is a powerful boost to THU\u2019s international growth prospects. We are excited to join this new, big family. The support and professionalism Livingstone provided were key to closing the deal.\u201d<\/em><\/p><p><strong>Ximo Villarroya, partner at Livingstone<\/strong>, shared, \u201c<em>We are delighted to have advised Ana and Pablo Serratosa and the minority shareholders on an excellent transaction that ensures a wonderful future for THU. It was a pleasure to work with the Zriser team and THU management, and we wish Gabriel Garcia, Onofre Sanz, and all of the employees at THU the best of success in this new phase of the business.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>THU becomes Kingspan&#8217;s tenth production center in Spain<\/p>\n","protected":false},"featured_media":3766,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"client-type":[],"region":[],"sector":[],"service":[],"transaction-type":[],"class_list":["post-7463","transaction","type-transaction","status-publish","has-post-thumbnail","hentry"],"acf":{"team_members":[1034,64351],"date":"20220217","client_type":55,"type":[1086],"region":[363,350],"services":[427],"sectors":[580,595],"related_transactions":[7384,7404,7354,7315],"related_testimonials":[50183],"contacts":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group - Livingstone Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group - Livingstone Partners\" \/>\n<meta property=\"og:description\" content=\"THU becomes Kingspan&#039;s tenth production center in Spain\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-25T12:53:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/9d7902b7.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Geschatte leestijd\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minuut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/\",\"name\":\"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group - Livingstone Partners\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/9d7902b7.png\",\"datePublished\":\"2022-02-17T04:00:00+00:00\",\"dateModified\":\"2026-06-25T12:53:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/#breadcrumb\"},\"inLanguage\":\"nl-NL\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"nl-NL\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/#primaryimage\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/9d7902b7.png\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/9d7902b7.png\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transactions\",\"item\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/transaction\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/#website\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/\",\"name\":\"Livingstone Partners\",\"description\":\"Deals Done Right.\",\"publisher\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"nl-NL\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/#organization\",\"name\":\"Livingstone Partners\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"nl-NL\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"contentUrl\":\"https:\\\/\\\/livingstonepartners.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/logo_livingstone.svg\",\"caption\":\"Livingstone Partners\"},\"image\":{\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/nl\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group - Livingstone Partners","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/","og_locale":"nl_NL","og_type":"article","og_title":"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group - Livingstone Partners","og_description":"THU becomes Kingspan's tenth production center in Spain","og_url":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/","og_site_name":"Livingstone Partners","article_modified_time":"2026-06-25T12:53:37+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/9d7902b7.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Geschatte leestijd":"1 minuut"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/","url":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/","name":"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group - Livingstone Partners","isPartOf":{"@id":"https:\/\/livingstonepartners.com\/nl\/#website"},"primaryImageOfPage":{"@id":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/#primaryimage"},"image":{"@id":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/#primaryimage"},"thumbnailUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/9d7902b7.png","datePublished":"2022-02-17T04:00:00+00:00","dateModified":"2026-06-25T12:53:37+00:00","breadcrumb":{"@id":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/#breadcrumb"},"inLanguage":"nl-NL","potentialAction":[{"@type":"ReadAction","target":["https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/"]}]},{"@type":"ImageObject","inLanguage":"nl-NL","@id":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/#primaryimage","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/9d7902b7.png","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/9d7902b7.png","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/livingstonepartners.com\/nl\/transaction\/livingstone-advises-thu-ceiling-solutions-on-sale-to-kingspan-group\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/livingstonepartners.com\/nl\/"},{"@type":"ListItem","position":2,"name":"Transactions","item":"https:\/\/livingstonepartners.com\/nl\/transaction\/"},{"@type":"ListItem","position":3,"name":"Livingstone advises the sale of THU Ceiling Solutions to the Kingspan Group"}]},{"@type":"WebSite","@id":"https:\/\/livingstonepartners.com\/nl\/#website","url":"https:\/\/livingstonepartners.com\/nl\/","name":"Livingstone Partners","description":"Deals Done Right.","publisher":{"@id":"https:\/\/livingstonepartners.com\/nl\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/livingstonepartners.com\/nl\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"nl-NL"},{"@type":"Organization","@id":"https:\/\/livingstonepartners.com\/nl\/#organization","name":"Livingstone Partners","url":"https:\/\/livingstonepartners.com\/nl\/","logo":{"@type":"ImageObject","inLanguage":"nl-NL","@id":"https:\/\/livingstonepartners.com\/nl\/#\/schema\/logo\/image\/","url":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","contentUrl":"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/logo_livingstone.svg","caption":"Livingstone Partners"},"image":{"@id":"https:\/\/livingstonepartners.com\/nl\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/types\/transaction"}],"version-history":[{"count":1,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7463\/revisions"}],"predecessor-version":[{"id":68450,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7463\/revisions\/68450"}],"acf:post":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/testimonial\/50183"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7315"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7354"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7404"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction\/7384"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/team-member\/64351"},{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/team-member\/1034"}],"acf:term":[{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/sector\/595"},{"embeddable":true,"taxonomy":"sector","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/sector\/580"},{"embeddable":true,"taxonomy":"service","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/service\/427"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/region\/350"},{"embeddable":true,"taxonomy":"region","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/region\/363"},{"embeddable":true,"taxonomy":"transaction-type","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction-type\/1086"},{"embeddable":true,"taxonomy":"client-type","href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/client-type\/55"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/media\/3766"}],"wp:attachment":[{"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/media?parent=7463"}],"wp:term":[{"taxonomy":"client-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/client-type?post=7463"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/region?post=7463"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/sector?post=7463"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/service?post=7463"},{"taxonomy":"transaction-type","embeddable":true,"href":"https:\/\/livingstonepartners.com\/nl\/wp-json\/wp\/v2\/transaction-type?post=7463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}