Radar > 242769

Cofides finances expansion of Marsan in Portugal

Cofides financia la expansión de Marsan en Portugal

Cofides financia a expansão de Marsan em Portugal

Intel ID : 242769
Synopsis

Cofides, a Spain-based state-owned mercantile company, will finance the international expansion of Marsan, a Spain-based auto parts manufacturer, in Valença (Portugal), announced Cofides in a press release issued on 23 November 2016.

Marsan received a co-investment loan of EUR 0.67m from the FONPYME. This funding will go to create a powdered paint plant and to the purchase of equipment and machinery.

Marsan decided to enter northern Portugal given the company's growth, the existence of customers in the area, and the rise of the sector in this country.
(content in spanish)

Cofides, sociedad mercantil estatal española, financiará la expansión internacional de Marsan, empresa española de productos para el sector de automoción, en Valença (Portugal), según ha informado Cofides en un comunicado de prensa publicado el 23 de noviembre de 2016.

Marsan ha recibido un préstamo de coinversión de EUR 0,67m, a cargo del FONPYME. Esta financiación irá destinada a la creación de una planta de pintura en polvo y a la compra de equipos y maquinaria.

Marsan ha decidido implantarse en el norte de Portugal debido al crecimiento experimentado por la empresa, la existencia de clientes en la zona y el auge del sector en este país.
(content in portuguese)

A Cofides, sociedade mercantil estatal espanhola, vai financiar a expansão internacional da Marsan, empresa espanhola de produtos para o setor de automotivo, em Valença, Portugal, segundo publicou Cofides em um Comunicado no dia 23 de novembro de 2016.

A Marsan recebeu um empréstimo de co-investimento de EUR 0,67m, a cargo da FONPYME. Este financiamento vai ser destinado a criação de uma planta de pintura em pó e a compra de maquinas e equipamentos.

A Marsan decidiu implantar-se no norte de Portugal devido ao crescimento experimentado pela empresa, a existência de clientes na zona e o auge do setor no país.

Relevant Documents

Target

Financing Bank


Intel ID 242769
Value EUR 0,67m
Native Currency Euro (EUR)
Financial Data - Marsan
(31 Dec 2017)
Revenue: EUR 10,81m
EBITDA: EUR 1,12m
Net Debt: EUR 9,02m
People: 89
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Automotive and Recreational Vehicles (Primary)
Primary Sector (TTRSC)
35.02.02 Automotive Parts & Accessories
35 Industrials / 35.02 Automotive

Country
Website
Description

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.