The resultant new company will be one of the biggest storage systems manufacturers in the world, with the stability and strength that this brings, and means a clear bet for the future. This alliance comes together with a strategic supplying agreement of steel from Gonvarri. The benefit to both companies will be to guarantee the supply, to all of our markets, of our most fundamental raw material in the manufacturing process of our products, obtaining, in this way, an elevated stage of competitiveness in the market.

Until the call option is executed, the management of both companies will be completely independent. Once the acquisition of the company has been carried out, our objective is that either the trade mark or the identity of Esmena, S.L., as well as its designs and products, will keep its presence in the current national and international markets.

Therefore, Esmena, S.L. will maintain the same path and commercial policy, based on a proper sales network and distributors.

We also want to point out that our target is to increase commercial actions through the channels of direct sales, either through the distribution of catalogues by ordinary mail as by Internet as well.

To achieve everything previously mentioned, necessary investments will be carried out in our manufacturing plants in Gijón, Palencia and Brazil, as well as in our Research and Development centre, confirming our commitment in R+D+I.

For this reason and with the target to create a leader company with a huge capacity for the development of technology and services applied to the warehouse, we understand that the materialization of this call option should not mean either a reduction of the number of jobs nor the transfers of staff .