M&A Deal Summary

Gonvarri Steel Industries Acquires Suports Desarrollo y Soluciones

On January 24, 2018, Gonvarri Steel Industries acquired building materials company Suports Desarrollo y Soluciones

Acquisition Highlights
  • This is Gonvarri Steel Industries’ 1st transaction in the Building Materials sector.
  • This is Gonvarri Steel Industries’ 1st transaction in Spain.

M&A Deal Summary

Date 2018-01-24
Target Suports Desarrollo y Soluciones
Sector Building Materials
Buyer(s) Gonvarri Steel Industries
Deal Type Add-on Acquisition

Target

Suports Desarrollo y Soluciones

Valencia, Spain
Suports Desarrollo y Soluciones is a Spanish engineering Company specialized in aluminum based solutions for photovoltaic projects in rooftop, parking lots and small ground PV projects.

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Buyer(S) 1

Buyer

Gonvarri Steel Industries

Madrid, Spain

Category Company
Sector Metals/Mining
Employees8,000
DESCRIPTION

Gonvarri Steel Industries is a company in steel service centers and manufacturing renewable energy components. Its strategy around the steel transformation business is based on the development of products and services with great value added, which allows to establish closer relations with its main clients.


DEAL STATS #
Overall 2 of 2
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Spain M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-06 Constructor Group

Oslo, Norway

Constructor Group is a provider of storage and handling solutions. Constructor Group is the second largest provider of storage solutions for the industrial segment in Europe and the largest in commercial.

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