Amper, a Spanish listed company with more than 150 million market capitalization and whose objective is to enter the club of 1,000 million in sales by 2026, is advancing its partial divestment plan in its subsidiary Nervión. The Spanish company has hired the investment bank JB Capital to coordinate the process, which began this year and is expected to continue during 2025, according to different financial sources consulted by elEconomista.es. The signature already has received formal interest from at least three candidates interested in taking a majority stakeexplain the same voices.
Amper has so far been reorganizing the perimeter of its subsidiary. In October it divested from its Nervión Minería unit, located in Galicia. The company reported to the National Securities Market Commission (CNMV) that this divestment represented another step for the company to continue with its “optimization process” of the structure of its debt, as well as growth, both organic and inorganic. of the group, in accordance with the terms established in its strategic plan.
In its latest annual report, Amper explained that, apart from this sale, it had on the table “other possible assets to be addressed by the Group in the future.” Said divestment, he added, “will make it possible to obtain not only accounting gains but also an additional source of financing.” The roadmap, set for the period 2023-2026, goes through reach revenues of 1,000 million euros and position itself as the Spanish company of reference in technological, industrial and engineering capabilities in the defense, security, energy and telecommunications sectors. In 2022, the company sold its Formecal company, also within Nervión, to the Tikehau Capital fund. Again, the reason for the sale was that the activities of said subsidiary were “considered strategic by the company.”
Nervión Industries has been controlled by Amper since 2018. The company initially acquired a portion in 2017 and completed the full acquisition a year later with the purchase of Negal’s minority stake (4.12%). Previously, the minority shareholder Barisan Directorship, a subsidiary of the Springwater fund, accepted the offer presented for the 12.17% it owned.
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