French company Foussier, specialised in solutions for the ceramics and storage industries, has acquired 80% of Navarra-based SELK, a transaction that further strengthens Navarra’s industrial positioning as a strategic destination for high value-added investment and corporate expansion.
The deal, recently announced, highlights the confidence of an international group in the technological, industrial and human potential of companies based in Navarra. Headquartered in the region, SELK is recognised for its expertise and service capabilities in areas such as advanced logistics, industrial warehouse design and tailor-made solutions, making it a strategic partner for markets that demand innovation and operational efficiency.
Strengthening Navarra’s business ecosystem
Foussier’s entry as majority shareholder will enable SELK to consolidate and expand its operational capacity and international presence, while accelerating its growth within a highly competitive sector. From Navarra, the company will reinforce both its activity in the Spanish market and its reach towards clients and projects across Europe and beyond.
Transactions of this kind reflect Navarra’s attractiveness to international business groups seeking expansion through partnerships with well-established local companies. They also position Navarra as a relevant sectoral hub for manufacturing innovation, industrial logistics and associated advanced services.
A commitment to internationalisation
The acquisition forms part of Foussier’s internationalisation strategy, aimed at expanding its presence in key markets through collaboration with well-positioned local firms. SELK contributes specialised market knowledge, a solid client portfolio and strong operational capabilities — assets that are particularly valuable in today’s globalised economic environment.
For Navarra, this transaction also underscores the importance of fostering dynamic business environments open to cross-border cooperation, facilitating foreign direct investment and enhancing the global competitiveness of local companies.
Opportunities for investors
SELK’s integration into an internationally active group such as Foussier further reinforces Navarra’s image as an attractive location for industrial and technological investment. Sectors such as advanced logistics, Industry 4.0, engineering services and customised storage and industrial space management solutions are emerging as areas with strong growth potential and opportunities for business collaboration.
Source: navarracapital.es