March 08, 2023
- The technological leader P4Q Electronics opens the doors of its new headquarters at the event chaired by the Lehendakari and the Provincial Councilor of Bizkaia.
- More than 280 employees, 3 production plants (Basque Country, USA and China) and a turnover of 60 million euros reinforce P4Q´s position in the electronics manufacturing market.
- Renewable energies, automotive, railway or medical equipment are some of the sectors in which the Basque company stands out.
- Talde Private Equity joined the company in 2018, with the management team holding a significant shareholding together with the aim of strengthening its leadership in the solar sector and promoting its development in other businesses, such as the healthcare sector.
On Wednesday, the Lehendakari, Iñigo Urkullu, and the Provincial Councilor of Bizkaia, Unai Rementería, have opened the new 4,500 m2 headquarters of the P4Q Group, a leading manufacturer of electronic components, in Alonsotegi. In order to promote its ambitious growth plan, in 2018, the company welcomed the Talde Private Equity fund as a shareholder, which acquired a significant participation.
The new P4Q headquarters, with a total investment of 6 million euros, has energy certification A and is equipped with 1,500 m2 of office space, 2,400 m2 of electronic components production plant, R&D&I laboratories, a real-time monitoring center, prototyping spaces and a 600 m2 warehouse, among others.
In its facilities you can find the most advanced technology on the market for electronics manufacturing (smart cabinets, latest-generation automated SMD* lines, X-ray-3D and cells and flexible assembly lines for its own product and EMS**). P4Q is also committed to Artificial Intelligence and Cloud analytics to add value to its renewable energy (solar) and medical-health lines.
The P4Q Group's growth in recent years has been sustainable, with a turnover of 58 million euros in 2022 and a forecast of 87 million euros this year, 2023.
Since Talde became a shareholder in P4Q, the company's commitment to innovation and technological development has been a fundamental part of the project. This has allowed it to consolidate the leadership of its products in the photovoltaic sector and the development of new products for other sectors with great future potential. With these new state-of-the-art facilities, the company is ready to continue its growth and development.