Success stories

• Grupo Guascor
• Isabel
• Indal
• Corporación AGE
• Panreac
• Esteban Espuña

Grupo Guascor

A leading company in machinery for the energy sector.

• FESpyme took up a minority holding in 2006 with an investment of €15m.
• When FESpyme made its investment, the company’s sales amounted to €170m, with EBITDA of €24m.

Aim:

• Join the company in its innovative aerogenerator project.

As a result of FESpyme’s contribution, the company has:

• financed its internationalisation process in Spanish-speaking countries and
• expanded the development of electricity by means of generators in Brazil’s rural areas.

Guascor now has sales of €252m and EBITDA of €42m (*).

The reasons for AXIS’ choice:

• In sync with the company’s partners, sharing their vision of the growth plan.
• Strengthening the shareholding structure so as to speed up the company’s internationalisation process.

(*) Latest public information available at the time of analysis of each case.