Fagor Arrasate has completed the acquisition of the entire production unit of Inoxilos, S.L., owner of the HERPASA brand, a specialist manufacturer of stainless-steel tanks based in Barcelona, Spain.
HERPASA has a long track record in the design and manufacture of stainless-steel storage and process solutions for sectors such as food, chemicals and pharmaceuticals. The company was in liquidation following the conclusion of its bankruptcy proceedings, which made this transaction possible.
Continuity for Customers and Ongoing Projects
Fagor Arrasate is committed to completing all of HERPASA's active projects under the agreed terms. The entire technical and production team will remain in place and be reinforced, ensuring continuity of service and preserving the specialized knowledge that has characterized the brand.
A Project Designed for Growth
With this acquisition, Fagor Arrasate adds production capabilities that complement its current activity and brings to the project its engineering strength, industrial infrastructure and international sales network, with a presence in the world's leading markets.
Mikel Lopez, Director of Fagor Arrasate's Steel Business Unit and newly appointed head of HERPASA, highlights the potential of the transaction: "HERPASA is a highly prestigious brand in its sector, with a team that has extremely valuable technical expertise. Our immediate priority is to provide continuity for ongoing projects and build confidence among all customers. From there, the goal is to grow: we have the technical foundation, and Fagor Arrasate provides the resources and sales network needed to take HERPASA to a new level."
