February 05, 2025
- Siban Peosa, located in Gallarta (Bizkaia), has a strong international presence, exporting more than 75% of its sales to 86 countries.
- The founding family continues as shareholders in the company and will continue to lead the project in this new stage.
Talde Private Equity, a pioneering Basque Private Equity group in Spain, and Orza Gestión y Tenencia de Patrimonios, a direct investment entity, belonging to EPSV GEROA and ELKARKIDETZA, have announced the acquisition of a majority stake in Siban Peosa, one of the European leaders in the manufacture of rubber conveyor belts for industrial use in the transport of bulk materials for mining, construction and food, among others, with the aim of boosting its next phase of growth, strengthening its position as a leader in its market.
The founding shareholders will continue to be involved in the project and will lead the growth and internationalization plan in this new phase.
Siban Peosa has 59 years of experience in the development and manufacture of conveyor belts, which positions the company as one of the main suppliers in Europe and South America.
Due to a highly automated production process, Siban Peosa has the capacity to manufacture conveyor belts “ad hoc” to the customer's needs with different specifications (containment edges, cross cleats, horizontal or vertical geometry...). In addition, Siban Peosa has a well-established brand in the market, recognized for its high standards of quality and service.
With this transaction, Talde closes the sixth transaction of the Talde Capital Crecimiento II fund and continues with its strategy of investing in companies with high growth potential and differential positioning. The fund has previously invested in companies such as Cacesa (logistics services for e-commerce), Auxitec (distribution for online commerce), AVS (space & BigScience), Plymouth (manufacturer of insulating tapes) and Discarlux (food).
Siban Peosa's shareholders have been exclusively advised by Bankinter Investment and law firm Danbury, while Talde Private Equity and Orza Gestión y Tenencia de Patrimonios have been advised by Deloitte and PWC.