The Board of Directors of CEX Capital (Extremadura Business Corporation) has ratified its support for Enteco Extremadura SL in a project oriented to Increase both company billing as the growth of its template, at the plant located in Navalmoral de la Mata.
Specifically, the Corporation has made a new capital investment in this company, whose main activity is FOperation, impression and marketing of rigid and flexible materials for packaging of all types of products, mainly for the pharmaceutical sector and food.
He object of the investment made by the Corporation, within its mission of strengthening the Extremaduran business fabric, is to support Enteco Extremadura, belonging to the Enteco Group, in its growth, for which the company is making an extension investment of the Navalmoral Plant of the kill by amount of 15 million eurosincreasing its capacity through the construction of a new 7,000 m2 surface warehouse, remodeling the current facilities for the location of new lamination production lines and material lacquered, as well as the construction of a new warehouse for chemicals, in addition to An installation destined to the recovery of solvents, thereby promoting the circular economy of the production process.
Enteco Group has billed 25 million euros in exercise 2024 And he hopes to reach a turnover of 36 million euros in 2029. The current workforce is 97 workers, of which more than 50% work at the La Mata Navalmoral Plant, and with the new investments the direct employment will be 125 workers .
As explained by the president of the CEX Capital Council, Agustín Delgado, with this new project La Corporation A regional company tends again, which is the mission of this entity: “Enteco has a well -defined business and commercial strategy, in a growing sector, in addition to offering new business and employment opportunities in Extremadura, which is what we seek to accompany”, has declared.
As remembered from the corporation, the CEX capital model, by decision of the partners, is Accompany companies in their expansion and development and then uninverting it, using that money in new projects.
From Grupo Enteco its president, Manuel Escudero, wanted to show his gratitude: “Enteco values the confidence deposited by CEX Capital in its business project. Thanks to this we can develop our investment plan, which will allow growth in our business figure and the consequent job creation at our Navalmoral de la Mata plant. ”
CEX Capital
Since its creation, CEX Capital (Extremadura Business Corporation) has invested in more than 60 operations in the region With a business figure that exceeds 1.2 billion euros and with induced investment that has exceeded 1,000 million euros, generating a direct job of more than 5,300 workers.
The Corporation is a society whose Capital is mostly private -More than 80%-, with leading companies nationwide and regional as shareholders. 100% of CEX financing corresponds to capital contributions made by its partners with a unique “success” model in Spain.
The entity closed last year with the approval of three new capital investment operationsfor an amount of 5.2 million euros, for three business projects with the aim of accompanying its development and growth.
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