Wednesday 19th November 2014
Mondragon Assembly, the automation solution specialist has recently acquired Gorosabel Group's solar business. Gorosabel Group, a player in the solar sector is located in Mendaro (Gipuzkoa).
Mondragon Assembly has strengthened its position with this move, and become a reference in the solar sector globally, offering a broader range of products and an improved position in the international market.
Hub Advisory Partners, S.L. acted as consultants during the process.
Both Mondragon Assembly and Gorosabel have had a share of the market for over a decade, offering machinery and turnkey solutions on all five continents. Following the transfer of its solar division to Mondragon Assembly, the Guipuzkoa cooperative now boasts the experience and knowledge of a significant competitor, Gorosabel, including its customer portfolio and broad range of products in an attempt to improve its offer, both technological and commercial, for the production of photovoltaic panel construction lines..
Similarly, Mondragon Assembly is now responsible for the development of new products in the Gorosabel range and will now provide technical support and repair services for existing installations around the world.