Undisclosed / Undisclosed

IMAP Spain has advised the shareholders of IDESA Group on the entry of AZPIARAN Group as a strategic partner for its companies in Mallabia and Mexico, thereby consolidating its development plan and business project.

The entry of the AZPIARAN Group, which has acquired 100% of the share capital of both companies, is aimed at strengthening its position in the automotive components market, with a global presence through its plants in Spain, Poland, and Mexico.

The IDESA Group carries out its industrial activity of stamping parts for the automotive sector at its plants in Mallabia and Mexico.

Following several years of changes in the management of the Group and with a renewed management team in place, the IDESA Group has a significant portfolio of projects and has been able to carve out a position in the American market for high-quality pressings for the automotive industry, with highly-favourable growth prospects.

The AZPIARAN Group carries out a similar activity to that of the IDESA Group. It fits within the same sector and its strategy is focused on growth, both organic and through the acquisition of companies willing to sign up to its project. One part of this growth is aimed at international markets where higher growth potential can be found, and the IDESA Group fits into this context.