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Description

Indea Group (former Hispamoldes Group) is a benchmark player in the Spanish thermoplastic injection moulding segment and in the manufacture of injection moulds and tools. It has over 350 employees divided across its four productive facilities (three in Spain and one in Morocco) and it generates around €38 million of revenue. SAPA Group, one of Europe's leading makers of specialist next-generation parts for the sustainable mobility industry, has taken a majority interest in Grupo Hispamoldes, a Quarza's portfolio company, the investment vehicle created by Cristian Abelló in 2019, which will stay on as one of Hispamoldes' shareholders. SAPA, a leading player in the plastic injection moulding in the European automotive industry, sells its products to major European OEMs, including Stellantis, Volkswagen, Ferrari and BMW (Rolls Royce). It has eight production plants around the world and over 1,500 employees. In 2022, it generated around €250 million of revenue. The integration of Hispamoldes Group into SAPA, with the goal of creating a leading supplier in the European sustainable mobility industry, will give rise to Grupo Indea, through which it will be able to further its consolidation and expansion plans, reinforcing and increasing its business volumes, expanding its geographic reach and diversifying its customer portfolio.