The central government has approved this Thursday four new financing operations for viable and strategic companies affected by Covid 19, for a total amount of €54 million, being one of the companies which have received this injection the Egile Group, a major player in the aerospace sector, which will receive soft financing amounting to 10.4 million euros; money that, explained its chairman, Alfonso Urzainki, will serve to “consolidate the strategic plan” of the Mendaro-based firm.
Egile Mechanics, based in Mendaro, has more than 30 years of history and a workforce of 228 workers. Specialising in high-precision mechanics, it divides its activity into 5 business units mainly focused on the aeronautical sector and complete easy-open systems for metal containers in the food and beverage sector. Within the aeronautical sector, it designs and manufactures complex or critical products to the highest aeronautical quality standards.
This transaction has been advised by the Corporate M&A team of Deloitte Legal (composed of partner José María Elías de Tejada, senior associate Marina Silva, lawyers Selene Corral, and Alberto Castilla), the Tax team (composed of partner José María Gómez Rosende and senior manager Sergio Ramirez Soto), the Competition and EU Law team (composed of director Rafael Piqueras and Mercedes Segoviano) and the Labour team (composed of Global Employment Law & Benefits Leader Fernando Bazán and associate Ricardo Gil).