Talde buys P4Q Electronics
Bilbao-based GP Talde Private Equity has acquired a majority stake in Spanish electronic components manufacturer P4Q Electronics.
The company's management team will retain a minority stake and continue to lead the business.
P4Q Electronics intends to use the fresh capital to consolidate its presence in the solar energy and automotive sectors, increase its production capability and expand its presence into new segments of the manufacturing industry.
Talde typically invests between €5-15m in companies with an EV between €15-70m. The GP is currently managing its growth capital fund, Talde Capital Crecimiento.
Company
P4Q Electronics specialises in manufacturing electronic components and products for the automotive, solar energy, rail, aerospace and defence industries. Founded in 1999 and headquartered in Alonsotegi, in the province of Biscay, the company has production facilities located in Albuquerque, the US, and in Kunshan, China. It sells its products in 12 countries worldwide.
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