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Press Releases

Press Releases

Siemens Technology on Gestamp Plants

Siemens technology enables Gestamp to cut energy consumption at its plants by 15 percent

2.22.2017

Thanks to a cloud-based efficient energy management platform that uses big data to optimise consumption, Siemens has enabled Gestamp, a multinational company in metal autoparts manufacturing, to reduce energy consumption by up to 15 percent at 14 of its plants. The Spanish company specialises in designing, developing and manufacturing metal autoparts to make lighter and safer cars, and has chosen Siemens as global supplier to implement this system and thus manage to optimise its energy needs in an industry that is increasing its energy consumption. 

Gestamp Pune II.

Gestamp launches its first hot stamping plant in India

2.9.2017

Gestamp, a Spanish multinational company specialised in the design, development and manufacture of metal components for the automotive industry, has launched a new plant specialised in hot stamping in Pune (India). The company has invested €36 million in the new facility that will provide services for Fiat Chrysler Automobile (FCA), Ford and Tata.

Gestamp Nitra

Gestamp will open a new specialist aluminum plant in Slovakia

1.12.2017

Gestamp, a Spanish multinational that designs, develops and manufactures metal parts and assemblies for the automotive industry, will open a new plant specializing in aluminum in Nitra (Slovakia). The company is investing 133 million euros into the new opening which will provide service to automotive plants, including the Jaguar Land Rover plant to be launched in the country.

Gestamp aumenta su EBITDA un 10,2%.

Gestamp increases its EBITDA by 10.2% in Q3 with regards to the previous year

11.29.2016

Gestamp, the Spanish multinational company engaged in the design, development and manufacture of metallic components for the automobile sector, has announced its income as at Q3 2016, where gross operating profit (EBIDTA) increased by 10.2%, standing at EUR 177.6 million.

Gestamp Logo

Gestamp registers a Commercial Paper program with MARF for 150 million euros

11.28.2016

Gestamp has registered a Commercial Paper Program in Mercado Alternativo de Renta Fija (MARF) with a maximum outstanding amount of €150 million. The issued Commercial Papers will have nominal unit values of 100,000 euros and repayment terms of up to 2 years.

Más de 507 alumnos han pasado por GTI desde 2015.

El lehendakari Urkullu preside la apertura de curso del Gestamp Technology Institute

10.25.2016

El lehendakari, Íñigo Urkullu, ha acompañado a Gestamp, compañía multinacional especializada en la fabricación de componentes metálicos para vehículos, en la apertura del curso 2016-2017 del Gestamp Technology Institute (GTI). El acto, que ha servido como puesta de largo del centro, ha contado también con la presencia del diputado general de Bizkaia y presidente del Automotive Intelligence Center (AIC), Unai Rementeria, entre otras autoridades.

IZB

Gestamp presents at IZB a battery box to be fitted in hot stamped Body in White

10.18.2016

At the IZB suppliers’ trade fair, Gestamp, the Spanish multinational specialized in the design, development and manufacture of metal components for the automotive sector, has presented an innovative prototype of a battery box for electric vehicles to be fitted on hot stamped structures.

Mitsui to acquire 12.525% of Gestamp

Mitsui to acquire 12.525% of Gestamp

9.8.2016

Mitsui, who has been a partner of Gestamp’s since 2013 in North and South America, is to become a shareholder of the Group’s holding company. The transaction has been structured through a special purpose company called Gestamp 2020 SL, to be held by ACEK (the Riberas family’s holding company, formerly known as Corporacion Gestamp) and Mitsui.

Gestamp creció un 10% en el segundo trimestre de 2016 respecto al año anterior

Gestamp grew by 10% in the second quarter of 2016 over the previous year

9.7.2016

Gestamp, the Spanish multinational specialising in the design, development and manufacture of metal components, has released its results for the second quarter of 2016, in which it increased sales by €176 million, the equivalent to 10% growth over the same period last year.

Gestamp invest 70 million pounds in UK

Gestamp to invest £70 million in new state-of-the-art stamping plant in UK

9.6.2016

Gestamp, an international group dedicated to the design, development and manufacture of metal automotive components, plans to build a new manufacturing facility in Four Ashes near Wolverhampton (West Midlands). The new plant will upgrade the company’s industrial capabilities in the region and will entail an investment of over £70 million. Gestamp’s investment will add up to the £56.3 million for the new factory construction developed by Bericote Properties and financed by Tritax.

113 students have completed the Gestamp's Master's Program.

113 students have completed the four editions of Gestamp’s Industrial Project Management Master’s Program

7.18.2016

Since 2012, a total of 113 students have passed through the classrooms of the Master’s Degree in International Industrial Project Management organized by Spanish structural components for automobiles company Gestamp and the ICADE Business School (Comillas Pontifical University ICAI-ICADE). A total of 27 students from seven countries completed the forth course of the master’s degree, and an estimated 70% will be hired by Gestamp.

El BEI apoya la investigación, el desarrollo y la innovación en el sector del automóvil.

Gestamp receives €160m from EIB for financing research and innovation

7.14.2016

Gestamp receives €160m from the European Investment Bank (BEI) for financing research and innovation. EIB supports research, development and innovation in the European automotive sector. EIB Vice-President Román Escolano and Gestamp CEO Francisco J. Riberas today signed a EUR 160m Investment Plan for Europe loan at a ceremony in Madrid. The loan will allow Gestamp, a Spanish multinational specialised in metal vehicle components, to pursue new avenues of research into producing safer and lighter cars.

Edscha builds its new plant in Mexico.

Edscha Builds New Plant in Mexico

6.22.2016

The internationally operating automotive supplier Edscha, a member of the Spanish Gestamp Group since 2010, has laid the cornerstone for its new plant in Mexico. Torsten Greiner, Chief Executive Officer of Edscha, gave the go-ahead for construction of the first Edscha location in Mexico at an official ceremony today. For the Gestamp Group the new plant will be the sixth in Mexico. Edscha products are slated to come off the production line in the Mexican city of San Luis Potosí as early as December of this year.

Volkswagen Group Award

Volkswagen Group honors Gestamp as one of its 21 best suppliers

6.3.2016

Gestamp was awarded by Volkswagen Group as one of the Group’s best suppliers in 2016. This year is the14th time that the Volkswagen Group has honored the entrepreneurial performance of its best suppliers with the Volkswagen Group Award. 

Gestamp receives the GDIS.

Gestamp awarded for its work with Honda

5.11.2016

Gestamp, the Spanish multinational that specializes in the design, development and manufacturing of metal components and units for motor vehicles, received the Great Designs in Steel (GDIS) award alongside Honda. The prize was awarded by the Steel Market Development Institute (SMDI) in recognition of Gestamp's close collaboration with Honda in the development of the Honda Civic, which also won the 2016 North American Car of the Year. 

Gestamp Notes 2016

Gestamp agrees to issue 500 million Euros of 7-year bonds at 3.5%

5.4.2016

Gestamp, the Spanish transnational company, dedicated to designing, developing, and manufacturing metallic assemblies and components for the automobile, has satisfactorily completed the pricing of 500 million Euros of bonds at an annual interest rate of 3.5%, maturing in 2023. Due to the important demand generated, the initial offer of 400 million Euros has been expanded to 500 million.

Gestamp logo

Gestamp Funding Luxembourg S.A. — commencement of a tender offer for any and all of its 5.875% outstanding senior secured notes due 2020

5.3.2016

This announcement contains important information which should be read carefully before any decision is made with respect to the Offer (as defined below) and must be read in conjunction with the Offer to Purchase (as defined below). Any individual or company whose Notes (as defined below) are held by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity and instruct such entity, as the holder of such Notes, to tender their Notes in accordance with the customary procedures of Euroclear Bank S.A/N.V. or Clearstream Banking, societé anonyme, as applicable. Any holder of Notes (each a “Noteholder”) who is in doubt as to what action to take should contact an independent professional adviser for advice on the merits of the Offer including, without limitation, the tax consequences thereof. This announcement is being made by Gestamp Funding Luxembourg S.A., having its registered office at 7A, Robert Stümper, L-2557 Luxembourg, Grand Duchy of Luxembourg.

Gestamp logo

Gestamp announces launch of €400,000,000 senior secured notes due 2023

5.3.2016

Gestamp Automoción, S.A. (“Gestamp”) announced today that its subsidiary Gestamp Funding Luxembourg S.A. (the “Issuer”) has launched an offering of €400,000,000 aggregate principal amount of senior secured notes due 2023. Gestamp and certain of its subsidiaries will guarantee the notes and the notes will be secured by a charge over the shares of certain subsidiaries of Gestamp.

 

Gestamp turnover exceeds 7 billion euros in 2015.

Gestamp turnover exceeds 7 billion euros in 2015

4.28.2016

Gestamp crossed the 7 billion euro turnover mark in 2015, reaching the figure of 7.035 billion euros in the previous tax year. The Spanish multinational, dedicated to the design, development and manufacture of metal components and units for motor vehicles, has released its annual revenue, which reflects a 12.4% increase in sales with regards to the previous year.

Edscha facilities in Togliatti.

Gestamp opens its forth plant in Russia

3.10.2016

Gestamp has opened its forth plant in Russia that will be operated by the Group company Edscha in Togliatti, located about 1,000 km southeast of Moscow. The first plant of Edscha in Russia will now supply door hinges, liftgate hinges and rear door hinges.

Gestamp was named a GM Supplier of the Year.

Gestamp Recognized by General Motors as a 2015 Supplier of the Year Winner

3.3.2016

Gestamp was named a GM Supplier of the Year by General Motors during its 24th annual Supplier the Year awards ceremony held Thursday, March 10 at Cobo Center in Detroit, Mich.  

Logo Gestamp

ArcelorMittal sells its 35% stake in Gestamp Automoción for €875m

2.5.2016

ArcelorMittal today announces it has sold its 35% stake in Gestamp Automoción ("Gestamp") to the majority shareholder, the Riberas family, for a total cash consideration of €875m. The transaction is unconditional and payment is expected to be made to ArcelorMittal within six months. In addition to the cash consideration, ArcelorMittal will receive a payment of €10m as a 2015 dividend.

 

 

Warmforming

Warmforming: novel concepts for efficient manufacturing in the automotive industry aiming at vehicle lightweighting

12.31.2015

Project co-financed by European Economic Area Agreement (EEA Grants): Supported by a grant from Iceland, Liechtenstein and Norway.

 

The area where the new plant will be located

Gestamp's new specialised laser cutting plant will be located in Álava

10.28.2015

Gestamp's new specialised laser cutting plant, which represents an investment of 14.3 million euros, will be set up in Álava and located at the Arasur industrial complex, in Ribavellosa. The new installation will be located on an industrial site spanning 8,500 metres and will be equipped with 14 laser cutting cells, and robotised welding cells.

Graduation Gestamp Master

Students from 11 different countries have graduated Gestamp Industrial Project Management Master 3rd edition

7.27.2015

A total of 28 students of 11 different nationalities attended the Graduation Ceremony for the Master Degree Program in International Industrial Project Management (Máster en Dirección Internacional de Proyectos Industriales), organized by the ICADE Business School and Gestamp.  The nearly 30 students studied theory for some five months, and another four travelled to different international destinations in which Gestamp has its work centers in order to carry out internships in a real business environment for the management of global projects.

Gestamp premiado por Volkswagen

Gestamp awarded by Volkswagen Group as one of the Group’s best suppliers

7.21.2015

Gestamp has been awarded by Volkswagen Group as one of the Group’s 26 best suppliers this year. The award-winners are distinguished by their innovative power, product quality, development competence, sustainability and professional project management. This year is the 13th time that the Volkswagen Group has honored the entrepreneurial performance of its best suppliers with the Volkswagen Group Award. 

Francisco J. Riberas Mera

Volkswagen and Gestamp Expand Chattanooga Partnership

6.23.2015

Volkswagen Group of America, Chattanooga Operations, LLC (Volkswagen Chattanooga) and Gestamp, a company that designs, develops and manufactures metal components and assemblies for the automotive sector, announced today that their partnership for metal parts stamping in Tennessee will grow and the commitment will lead to more than 500 additional jobs in Chattanooga.

 

Gestamp Results

Gestamp grew by 6.9% in 2014 to reach €6,256 million in turnover

5.6.2015

Gestamp, a company committed to the design, development and manufacture of metal components and assemblies for the automotive sector, presented its results for the 2014 financial year, which rose by 6.9% to reach €6,256 million in turnover at year-end. This represents an increase in revenue of €402.5 million compared to 2013. EBITDA also grew by 7.9% to €656.5 million.  

Felipe VI during the opening of the Chassis Innovation Center

Gestamp strengthens its leading position in Germany's automotive industry with the opening of its new Chassis Innovation Center in Bielefeld

12.2.2014

King Felipe VI chairs the ceremony, attended by high representatives of the main German OEMs, alongside with German regional and local authorities

Chinese authorities and Gestamp board in Dongguang opening ceremony

Gestamp opens its eighth Chinese plant, and foresees China as its third market by 2015

10.24.2014

Gestamp, the world leader in the design, development and manufacture of metal components and assemblies for major automakers worldwide, celebrated the opening of its eighth facility in China, located in the South Eastern city of Dongguan (Guangdong province). Gestamp Dongguan has been built in just 30 weeks, marking a record figure for the Group in terms of rapid construction and launch of production.

Francisco J. Riberas with Spanish authorities in the Awards Ceremony

Gestamp global strategy awarded by Spanish ‘Club de Exportadores’

10.9.2014

Gestamp has been awarded in the twelfth edition of the Internationalization Awards organized by the Spanish organization ‘Club de Exportadores e Inversores’. The company received the award to a big Spanish company with an "outstanding international renown” from Secretary of State for Trade, Jaime García-Legaz, and the High Commissioner of the Government to the ’Marca España’, Carlos Espinosa de los Monteros. 

Francisco J. Riberas, president and CEO of Gestamp in front of the MU Project sculpture

Gestamp leaves its footprint in the streets of Japan

9.18.2014

The Spanish leading supplier of metal autoparts donated to the city of Tokyo a great size steel sculpture which stands in front of Sengokuyama Mori Tower, in Ark Hills area, since September 17th. The piece is the eighth member of exhibit MU (empty space), consisting on seven plus one twin figures of more than two meters tall inspired in the values of the Japanese culture and intended to represent the increasing dialogue between Spain and Japan.

Opening ceremony in Gestamp Puebla II

Gestamp announces the opening of a second production plant in Puebla, Mexico with an investment of over 55 million euros

9.9.2014

During a ceremony that was presided by the Governor of Puebla, Mr. Rafael Moreno Valle, and the Under Secretary of Industry and Trade of the Ministry of Economy of the Federal Government, Mr. Rogelio Garza Garza, The Spanish Ambassador in Mexico, Luis Fernández-Cid de las Alas Pumariño and the municipal authorities the Spanish firm Gestamp, world leader in the field of design, development and manufacture of metal components and structural systems for the automotive industry, opened today its second plant in Puebla, Mexico, with an investment of more than 55 million euros. 

Francisco Riberas, José Luis Bilbao and Inés Anitua en la presentación.

Gestamp presents its Global Technology Training Center (GTI) based in the Basque Country

7.2.2014

Gestamp announced today that it will locate its new Global Technology Training Center (GTI-Gestamp Technology Institute) and Knowledge Centre in New Materials in the Automotive Intelligence Center (AIC), in Amorebieta-Etxano and Ermua (Vizcaya, Spain).

Sculptures in Fukuoka Gin Gin Park

Gestamp joins the celebration of the Dual Year

4.4.2014

Gestamp, leader in design, development and manufacture of components and metal assemblies, sponsors the ‘MU Proyect’ Exhibit, that will be placed in Tokio and Fukuoka cities.

 

V Fundación Consejo España China Award

Gestamp receives the V Fundación Consejo España China Award

3.12.2014

The Board of Trustees of the FCEC has recognized Gestamp as an icon of excellence in the Spanish automotive industry as well as a result of its commitment with investment and footprint in China

Cofides Awards 2014

Gestamp receives the “Promotion of Internationalization” COFIDES award

2.4.2014

Gestamp has been honored in the large company category for its broad international presence, a key strategic focus of the company.

Gestamp

Gestamp enhances its organization and creates Corporate Office of Technology and Equipment

1.12.2014

This new area integrates the key activities of the value chain of products related to Body- in-white, especially with regard to hot stamping, from R&D to management of global programs and Tooling.

Gestamp Bizkaia_25 anniversary

Gestamp Bizkaia will manufacture the metal components for the new Mercedes Benz van

10.23.2013

Gestamp Bizkaia celebrated its 25th anniversary at an official event with the presence of Basque President Iñigo Urkullu and General Councilor of Bizkaia, José Luis Bilbao.

 major expansion of the plant in Kaluga

Gestamp and Severstal announced a major expansion of the plant in Kaluga

9.18.2013

Gestamp Company, a world leader in the field of design, development and manufacture of metal components and structural systems for the automotive industry, has finished an expansion of its plant i......

Edscha to launch production

Edscha to launch production at its plant in China

9.2.2013

The Remscheid-based automotive supplier Edscha today celebrates the official opening of its new plant in Kunshan, China: Edscha Automotive Components Kunshan Co.,Ltd. Located about 60 km northwest......

Gestamp and Mitsui

Gestamp and Mitsui close on their € 297 million equity investment agreement in the Americas

7.4.2013

Pursuant to the investment agreement signed on January 4, 2013, and after obtaining in June the last of the necessary pre-closing regulatory approvals, Gestamp Automoción and Mitsui & C......

Gestamp is recognized by Volkswagen

Gestamp is recognized by Volkswagen with the Group Award 2013

6.24.2013

Volkswagen Group has honored its best suppliers with the Group Award 2013. 21 partners from all over the world have been recognized for their overall entrepreneurial performance. This award honors......

Gestamp completes placement of bonds

Gestamp successfully completes placement of bonds amounting to € 768 million

5.6.2013

Gestamp announced today the completion of its offering of €768 million in senior notes with a seven year maturity, consisting of a $ 350 million US Dollar tranche and a € 500 millio......

Gestamp Automoción

Gestamp announces its intention to issue senior secured notes

4.21.2013

Gestamp Automoción, S.A. (“Gestamp”) announced today that its subsidiary Gestamp Funding Luxembourg S.A. intends to issue senior secured notes due 2020 for an approximate amount......

Francisco Riberas, CEO of Gestamp, and Gu Chunming, Shenyang's vice Mayor

Gestamp opens its sixth plant in China

4.15.2013

Gestamp, a global company dedicated to design, development and manufacturing of metal parts for automobiles, has conducted an Opening Ceremony of its sixth plant in China with the attendance of Sh......

Agreement with Mitsui & Co. Ltd.

Gestamp reinforces its strategy with an investment of €300 million from Mitsui

1.8.2013

Gestamp entered into a definitive agreement with Mitsui & Co., Ltd. on January 4th, 2013 according to which Mitsui will acquire newly issued shares for a 30% stake in Gestamp’s businesse......

Gestamp internationalization

Gestamp receives a Special Mention for its internationalization strategy by Círculo de Empresarios

12.3.2012

Círculo de Empresarios and Wharton School, University of Pennsylvania, have recognized the Gestamp internationalization strategy, giving a special mention in its Yearbook 2012. The Gestamp......

Francisco J. Riberas receives Entrepreneurship

Francisco J. Riberas receives Entrepreneurship Award by the Chamber of Commerce Franco-Spanish

10.29.2012

The French-Spanish Chamber of Commerce and Industry - La Chambre – awarded the Entrepreneurship Award to Francisco J. Riberas Mera, President of Corporación Gestamp and Gestamp Automo......

Gestamp to open a new plant in Chongqing

Gestamp to open a new plant in Chongqing (China)

6.6.2012

Gestamp, one of the global leaders in the design and manufacturing of automotive metal components, has just opened a new plant in China. Chongqing plant has officially been opened, with the openin......

Gestamp is recognized

Gestamp is recognized by General Motors with the 2011 Best Global Suppliers Award

3.14.2012

General Motors recognized 82 of its best global automotive suppliers representing 13 countries with its 2011 General Motors Supplier of the Year award, during the 20th annual awards presentation h......