IMAP Spain (Albia Capital) has advised the shareholders of Comercial Arrate, S.A. on the inclusion of BGH Edelstahlwerke GmbH as a strategic partner. The purpose of bringing this shareholder on board, which has acquired 100% of the share capital, is to undertake an important process of growing and expanding into new products and markets.
About Comercial Arrate, S.A.
Comercial Arrate, S.A. is a tool steel wholesaler with 70 years of experience in the market and with facilities in the Basque Country, Catalonia and Portugal.
About BGH Edelstahlwerke, GmbH
BGH Edelstahlwerke GmbH is a leading German industrial group with more than 550 years of history which manufactures stainless steel and nickel alloys. The group has six plants in Germany and one in Poland. It has a comercial presence in central and northern Europe, USA and South East Asia. The purpose of investing in Comercial Arrate is to cover the southern European market, with special emphasis on Spain and Portugal in the initial stage.”
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.