Igor Gorostiaga
Norgestion
REINOSA FORGING AND CASTINGS
Deal Type
Fundraising
Sector
Energy & Sustainability
Completion Date
10th December 2021
Deal Value
€27m
Company Background
Heavy part manufacturer. Metshop & Forging & Casting & Machining. Mainly for Mining, marine, oil&gas, heavy machinery, energy sectors.
Special steel.
Deal Summary
New quasi equity type financing obtained through SEPI (Spanish Goverment industrial investments vehicle), in order to reinforce financially and ensure future developement
Value Added
Defense of Business Plan and transition of the heavy industry to a new era. Originally state owned company, was part of Gerdau group till 2016, now privately owned.
Strategic industry for the Region in the north of Spain, institutions considered import to ensure the future development of the company
