HCapital II

New Terracotta // Ideias & Detalhes

Manufacture of premium small ceramic tile

New Terracotta and Ideias & Detalhes form a niche group in the ceramics sector: (i) New Terracotta is a highly internationalized manufacturer, specialized in premium, small-format tiles that works alongside a large network of international distributors, architects, and art studios; (ii) Ideias & Detalhes is an industrial service provider specialized in the ceramics sector, supplying most of the Portuguese large ceramic players.

Investment rationale

Create a differentiated ceramic group highly exposed to international markets, with robust operating margins and available capacity to grow.

Transaction Details

Date of investment / divestment
October 2023 /
Type of Operation
Buyout / build-up


HCapital II