- Published: 30 June 2005 30 June 2005
Gamesa has reached an agreement with the owners of Fundición Nodular del Norte, S.A. to execute the purchase option on 100% of the stock of this Burgos-based company. Gamesa acquires 100% of the shares that make up the stock capital of Fundición Nodular del Norte, S.A. for a sum of €3 million. Fundición Nodular del Norte, located in Villalonquejar (Burgos), has a workforce of 35 employees and its corporate mission is the exploitation and manufacture of cast metal pieces and their marketing. Its turnover last year amounted to €7.3 million. Gamesa has undertaken this operation within the framework of its process of vertical integration, whereby it aims to manufacture those components that are an essential part of a wind turbine.