The Japanese industrial group Teijin, which specializes in high-quality materials, bought Inapal Plastics from the Restructuring Fund managed by ECS Capital.
Dedicated to manufacturing components for the automotive industry, Inapal Plastics was acquired by the ECS Capital Fund in 2010 and subjected to an economic and financial restructuring project to ensure its viability.
In a statement, ECS Capital emphasizes that "the success of the work has been translated into an appreciation of the company", but that the value of the company that is now being realized with the Japanese from Teijin is not revealed.
In 2017, Inapal realized a turnover of 32 million euros and presented itself with a leading company in the supply of composite and plastic components for the car and heavy vehicles with two factories, one in Leça do Balio and another in Palmela, in the industrial park. Autoeuropa.
The company supplies the national car industry and exports to various countries, from Spain to China, including brands such as Jaguar, Land Rover, BMW, Merdedes, Volkswagen, Aston Martin, Bentley and Carrier.
With this operation, Inapal Plastics "will play a key role in Teijin's transformation strategy to expand its Euroopa business and become a multi-component component supplier," said ECS Capital, who assures that the Japanese will continue to develop and improve the company's activities, "investing in growth".
Teijin also said in a statement that the group's activities in the automotive components segment should represent sales of 1.7 billion euros by 2030. The group has 170 companies and 19,000 employees in 20 countries.