Investments
1
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Latest Herrecha Inversiones News
May 9, 2022
Planet Storyline 1 Herrecha Inversiones, a holding company owned by Hortensia Herrero, has become a shareholder of Istobal with 22%, due to the sale of the shareholding package of the Tomás Puchades and Tomás Ruiz family branches. According to a statement, with this operation, Herrecha Inversiones accompanies Istobal, a company dedicated to car washing and care, in its strategic projects and expansion plans “that will strengthen its leadership in the foreign market”, the entity reported in a statement . It is, therefore, an operation with an impact “beyond” the Valencian Community since, for the multinational company, exports represent three out of every four sales. The family branches that remain in the majority position (Tomás Alfonso and Tomás Alfaro) have highlighted that they are “very excited” about Herrecha Inversiones as partners of Istobal. Since the company was founded, Istobal has maintained a continuous growth rate and has positioned itself as one of the leading companies in the sector at an international level “thanks to global and comprehensive solutions for vehicle washing and care”. With this association, the development of new products and services that increase the profitability of the sector, provide the best user experience and respect the environment will be promoted, the same sources have reported.
Herrecha Inversiones Investments
1 Investments
Herrecha Inversiones has made 1 investments. Their latest investment was in Istobal as part of their Corporate Minority on May 5, 2022.
Herrecha Inversiones Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/9/2022 | Corporate Minority | Istobal | Yes | 2 |
Date | 5/9/2022 |
|---|---|
Round | Corporate Minority |
Company | Istobal |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 2 |
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