This acquisition strengthens the growth strategy of the Navarre-based group, headquartered in Cintruénigo, which now operates five production centres and positions itself as one of the leading independent players in the metal structures sector in Spain. This is the fourth acquisition by the company since the 2023 entry of investment funds Amixalan and Stellum Growth I (the latter promoted by Stellum Capital together with the public entity Sodena) into its shareholding.
With this integration, EPER now boasts five production centres and nearly 230 employees, reaching a combined turnover of approximately €36 million. The group operates over 47,000 m² of space—22,000 m² for manufacturing and 25,000 m² for logistics—which enables it to provide solutions to major international clients such as CAF, Siemens Gamesa, Vestas, GE, Nordex, Windar, Haizea Wind, Dragados, Navantia, and Urovesa.
Chapanor, based in Vitoria and with over 25 years of experience, contributes a 4,000 m² facility equipped with advanced technology. Its expertise in metal structures and industrial boiler-making has earned it a strong reputation in demanding sectors such as rail, automotive, aerospace, and machine tools.
For EPER, this acquisition represents a gateway into the rail sector, through a technically strong and financially sound partner. “It allows us to strengthen our capabilities and consolidate our position as one of the most prominent independent industrial groups in metal structures in Spain,” emphasises Borja Aroca, CEO of EPER. According to Iñaki Guinea, General Manager of Chapanor, the integration will allow the company to tackle larger industrial challenges, while maintaining its commitment to excellence and the long-term vision brought by the Navarre-based group.
The transaction was advised by Grant Thornton (sell-side), with Rocío Cruces acting as legal counsel for EPER and Ernst & Young leading the due diligence process.
Source: Navarra Capital