Meleghy Automotive Group enters Spanish market following acquisition of Lahnwerk Rubi SAU

Albia Capital acted as financial advisor in the sale process

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On 28 July, the German automotive company Meleghy Automotive Group acquired the Spanish group Lahnwerk Rubi SAU from the IPM Group. Located in Abrera, Lahnwerk Rubi offers stamping, welding, assembly, KTL line and roll forming services for the car industry.

The acquisition of Lahnwerk Rubi, with approximately 230 employees and a turnover of €42 million in 2014, allows the German group to efficiently and competently enter the Spanish market where it can meet all its customers’ needs with high-quality parts and provide a swift service and delivery given its close proximity to customers.

This acquisition marks the start of the Meleghy Automotive Group’s international expansion programme and is a key milestone in its growth strategy.

Meleghy and the IPM Group have stated their intention to cooperate on future projects to leverage synergies from this collaboration.

Albia Capital acted as advisor in the sale process.

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