Talde Private Equity and Orza Gestión y Tenencia de Patrimonios acquire a majority stake in Siban Peosa, a leader in rubber conveyor belt manufacturing, to accelerate its growth and international expansion.

Target Company Overview

Siban Peosa, located in Gallarta, Bizkaia, specializes in the manufacturing of rubber conveyor belts for industrial applications. The company boasts a significant international presence, exporting over 75% of its sales to 86 countries. With 59 years of experience in the industry, Siban Peosa has established itself as one of the foremost suppliers in both Europe and South America. The founding family will retain a stake in the company and will continue to lead the business through this new chapter of growth and expansion.

Industry Overview in Spain

The conveyor belt manufacturing industry in Spain is characterized by strong demand across various sectors, including mining, construction, and food processing. As industries adapt to rapid technological advancements, companies in this sector are increasingly investing in automation and tailored solutions to meet the unique needs of their clients. This emphasis on customization has allowed Spanish manufacturers to differentiate themselves in an increasingly competitive global market.

Furthermore, Spain's strategic location within Europe makes it an attractive hub for export activities. The country's robust logistics and transportation infrastructure enhances the competitivene