BMI Acquisition of ChovA for Boost in Spanish Flat Roofing

BMI GROUP has completed the acquisition of Spanish company Asfaltos ChovA, a specialist in flat building waterproofing and insulation to strengthen its Spanish flat roof business.

ChovA’s range of products includes bitumen membranes and thermal and acoustic insulation. The company was founded in the 1940s by the Chova family, who will continue to be linked to the business after the acquisition.

“We are very proud of what the ChovA team has achieved in 77 years in business,” said Eduardo and Antonio Chova. “Joining the BMI family of businesses offers a great opportunity for growth and continued high-quality service for customers, while the combined business of BMI and ChovA will provide an even stronger choice of construction solutions for customers in Spain.”

Carlos Hernández, Managing Director, BMI Iberia and Italy said, “Together, BMI and ChovA will provide a complete set of topline roofing solutions for customers seeking flat or pitched roofs.

“Both companies will continue to offer excellent service, supporting architects, engineers and installers through their dedicated technical assistance services, from design to jobsite works and installer training.”

BMI Group Acquisition

BMI Group is owned by American company Standard Industries which manufacturers flat and pitched roofing and waterproofing supplying them across Europe.

Justin Skala, CEO, BMI Group said, “Welcoming ChovA colleagues, products and brands to BMI is a fantastic step forward for flat roofing solutions in Spain.
“We are companies who share similar values and heritages of quality and expertise, and we are excited to show our customers the new solutions made possible by bringing ChovA into the BMI family.”

BMI Group was advised by Fieldfisher Spain. Garrigues provided legal advice to Asfaltos ChovA.

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