IMAP Albia Capital has provided advise to JAE & METALBAND in relation to the company’s incorporation process to the American International Automotive Components Group COOPER STANDARD.

This incorporation operation entails the consolidation of the company and brings a new dimension to and major opportunities for its growth. The transaction will have a favourable effect on the creation of employment and wealth in the Autonomous Community of La Rioja.

About Jae & Metalband

Jae & Metalband is an equipment-machinery and materials for sealing rings and rubber profile extrusion supplier for the automotive sector. With corporate headquarters in Logroño, the company has facilities of over 2,500 m² and a qualified technical office.

About Cooper Standard

Cooper Standard, with corporate headquarters in the USA, is a leading global supplier of systems and components for the automotive industry. Among its products are plastic and rubber sealing, fluid transfer hoses etc.

With earnings of $3,6 billion, the company employs over 32,000 people globally and operates in 20 countries around the world.

About IMAP Albia Capital

IMAP Albia Capital (www.albiacapital.com) is a firm specializing in mergers and acquisitions, and it is an exclusive member of IMAP in Spain. IMAP is an organization with a presence in 35 countries averaging 220 transactions per year over the last 10 years.

 

Dec 13, 2018

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