Thursday, December 13, 2018
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The Catalan Institute of Finance invests one million euros in Buildair

The Capital Expansió fund of the Catalan Institute of Finance (ICF, according its acronym in catalan), a public financial institution owned by the Government of Catalonia, has invested one million euros in the capital of Buildair, a spin-off of CIMNE specialized in the design, production, marketing and maintenance of structures and large inflatable hangars, used, mostly, in the aeronautical and defense sectors. The investment has been made through a capital increase with the aim of boosting the company's growth.

Buildair ICF
Left: Headquarters of ICF in Barcelona / Right: An infatable hangar by Buildair

With this capital increase, Buildair will increase its commercial activity to boost the aeronautical sector in Europe and the Middle East, where the company already has a prominent presence. In addition, it will begin the expansion towards the US aeronautical industry and will open new markets such as composting, mining, civil works and structures for health care and humanitarian aid fields.

In the media:

El Periódico -"El fondo Capital Expansió invierte un millón de euros en Buildair" | Expansión -"El ICF toma el 25% de Buildair, que abrirá oficina en Arabia" | Finanzas.com - Un fondo del ICF invierte un millón de euros en la empresa catalana BuildAir" | Viaempresa.cat -"L'ICF inverteix 1 milió d'euros en BuildAir" | Capital-riesgo.es -"El fondo Capital Expansió invierte 1 millón de euros en BuildAir"

Related news:

"Buildair H75, new record in inflatable hangars"