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STRATEGIC PURCHASE

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Last hours to close the purchase of Ayesa

Today, the deadline set for the purchase of the former Ibermatics expires, and the Basque Government and the financial partners involved expect it to take place in the next few hours.

Sede de Ayesa
Ayesa headquarters. Photo: Europa Press

Today the deadline for concluding the purchase agreement for Ayesa expires.The consortium formed by Kutxabank, the BBK Foundation and the Basque Government is giving the latest details and are optimistic that the operation will take place.

The Industry, Energy Transition and Sustainability Advisor, Mikel Jauregi , has assured us that these are "essential hours of negotiation" and hopes to conclude the agreement today before the deadline is over.

Jáuregui has explained that the operation consists of three phases: the award of the offer, the signing of the purchase agreement and then the formal closure before a notary, with the certification of the changes in shares, which can be extended for between threeand four months, during which time the distribution of shares can be modified.

In this context, the Counsellor has confirmed that the Vital Foundation is considering entering the next phase of the  project when the shareholder structure is redefined, so it would not be included at the beginning of the signature.

Jáuregui has stressed that the purchase of Ayesa is a strategic opportunity for the Basque Country, both to guarantee the nearly 2,000 jobs that the company has in the territory, and to restore the decision-making space of a company with a future projection.

The counselor points out that when Ayesa bought it, Ibermatica left the Basque Country, and that this operation would allow, in addition to the return of the historic Guipuzcoana company, to include a larger group of companies.

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