Mirai, Jainaga's company, has acquired the Vizcaíno company Reco, dedicated to electrolytic coatings
Located in Barakaldo, the group has more than 40 years of experience and currently employs 60 workers and last year made a profit of EUR 14 million.
Jose Antonio Jainaga, president of Sidenor and Talgo. Stock Photo: Europa Press
The investment company of José Antonio Jainaga, president of Sidenor and Talgo, Mirai Investments, has acquired the Vizcaíno company Reco , specialized in chemical and electrolytic coatings and the treatment of metals for the electrical equipment sector.
Thus, Reco empresa has joined the company Innometal . Metal transformation and finishing division owned by Mirai, the Basque Instituteof Finance (IVF), the Vital Foundation and the family office of Irene Carmen Lequerica.
Located in Reco Barakaldo, the group has more than 40 years of experience and currently employs 60 workersand last year made a profit of EUR 14 million.
This company, with more than 5,000 square meters of facilities, offers treatments such as tin, silver, copper, nickel, chrome and chipping, which allow it to adapt to industrial needssuch as electrical equipment, automotive and industry.
Its products cover all aspects of industrial demand , which, together with its highly automated and digitized production lines, makes Reco a "partner capable of supporting the customer throughout the development and production cycle of its components."
According to this company, joining the Reco group is "a strategic step towards building a more far-reaching industrial service offering."
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