Activity:                                  Tile manufacturing

Sector:                                   Manufacturing

Investment date:                 March, 1999

Status:                                   Realized

Fund:                                     MCH Private Equity Fund I


Headquartered in Castellón, Azulev is a leading Spanish tiles manufacturer operating in the high-end of the market and one of the top-three most profitable companies in the sector.

In 2005 and 2006, MCH partially divested its participation (66%) in the company.