Spanish Gestamp’s IPO

Spanish multi-national engineering company Gestamp

Spanish Small & Midcaps: Gestamp

Renta 4 | Gestamp is a direct supplier for the main global light vehicle manufacturers. It makes the key components of any car: bodywork, chassis and mechanisms. It’s one of the few suppliers with global capacity and has a market share of around 15%.


Gestamp's IPO

Gestamp to list 27% of capital on Spanish bourse on April 7

Spanish automotives parts’ manufacturer Gestamp will make its stock market listing on April 7. The preliminary price range is 5,60-6,70 euros, which values the company at 3.540 billion euros at the middle range. The operation will be positive for the Spanish bourse, where there are not a lot of industrial companies.