E.C.N. Cable Group seeks a partner to remain afloat
E.C.N. Cable Group busca un socio para salvar su actividad
Intel ID : 220174
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E.C.N. Cable Group, a Spain-based cable manufacturer, is looking for a investment partner to keep the company afloat and avoid closure. The company's closure would be due to plant's lack of profitability and low demand of electricity distribution cables. The factory is located in Vitoria. Currently, it has 143 workers.
(content in spanish)
La compañía española E.C.N. Cable Group, dedicada a la fabricación de cables, busca un socio inversor que continúe con la actividad de la empresa y evite su disolución. El cierre se debería a la falta de rentabilidad de la planta y escasa demanda de cables para la distribución de energía eléctrica. La planta, ubicada en Vitoria, cuenta actualmente con una plantilla de 143 trabajadores. |
| Intel ID | 220174 | |
| Value | ND | |
| Native Currency | Euro (EUR) | |
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Financial Data - E.C.N. Cable Group
(31 Dec 2022) |
Revenue: EUR 136,45m EBITDA: EUR 5,74m Net Debt: EUR 391,04m People: 132 |
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35.07.09 Lighting, Electrical Equipment & Supplies 35 Industrials / 35.07 Manufacturing |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.