Endaki Tecnocast is expected to reach a productive capacity of 30.000 tonnes a year.
KPMG, Garrigues Abogados and Asesores Tributarios served as advisors for the transaction.
Castilla y León Capital Desarrollo I, F.C.R. is a €67m risk capital fund created in 2008 and focused on investing in companies based in Castilla y León, in order to grow and expand, develop their technological capacities and improve their competitiveness.
Investors in the fund include ADE Financiación, Caja España, Caja Duero, Caja de Burgos, Cajacírculo, Caja de Segovia y Caja de Ávila.