Talde backs Burdinberri
Spanish firm Talde Private Equity has acquired a stake in engineering company Burdinberri.
Talde backed Burdinberri alongside investment firm Orza, which is owned by Basque pension funds Elkarkidetza and Geroa, and invests in Basque private companies.
According to the deal, the company's management team will continue to lead the business in this new phase of expansion.
Burdinberri intends to use the fresh capital to support its growth plan and international expansion, primarily in the aeronautical industry, by leading a process of consolidation and concentration in the sector.
Talde is currently managing its evergreen vehicle Talde Promoción y Desarrollo and the growth capital fund Talde Capital Crecimiento, which held a final close on €102m in 2016.
Company
Established in 1990 and based in Vitoria, Burdinberri specialises in manufacturing machines, tools and moulds for the aeronautical industry. The company exports around 30% of its sales abroad.
People
Talde Private Equity – José María Zalbidegoitia (president).
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