This Web makes use of first-party and third-party cookies with analytic purposes about its activity and which are installed when navigating through the Website. If you keep navigating in it you accept the use which we make of them. If you wish, you may change your preferences in the browser.

Accept cookies Chage its configuration
Gobierno de España - Ministerio de Hacienda y Función Pública
Te encuentras en: Home»Press Room»News


SEPI calls off the privatization process of the company ETM from Burgos

Press release SEPI

The Board of Directors of the state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI) has decided, in the meeting which it held today, not to proceed with the privatization process of the company ETM, as it estimates that the binding offers submitted do not adequately meet the requirements regarding both the price and the industrial plan.

Equipos Termo-Metálicos, S.A. (ETM) is a company wholly-owned by Grutisa -which in turn is wholly-owned by BWE-, and it is located in Burgos, with a 64-strong workforce and which has recorded losses in the last few years. Its activity is the manufacture and sale of encased heat interchangers and piping, as well as the manufacture, as an ancillary activity, of reactors for the chemical industry and for nuclear power stations.

The announcement of ETM¿s privatization process was published on January 11th, 2006. Up to thirteen companies showed their interest in the Company and submitted the information required for taking part in this process. Six of them submitted a non-binding offer and had access to the detailed information about the Company. Finally, only two submitted their binding and final offer.

Logotipo ecológico

Antes de imprimir este documento asegúrate de que es necesario. Proteger el medio ambiente está también en tu mano.

Get to know SEPI
SEPI commitment
Press Room
Marca España web page offers news related to Spanish activity both within our borders and abroadThe Spanish Economy website provides access to the latest key economic information on Spain in english.Dependence FoundCrónica Gráfica
© SEPI - Velázquez, 134. 28006 Madrid. España Tel.: +34 91 396 10 00 Fax: + 34 91 396 15 60 -Legal Warning - Accessibility - Cookies Usage
CSS Válido!
Valid HTML 4.01 Transitional
Icono de conformidad con el Nivel A, de las Directrices de Accesibilidad para el Contenido Web 1.0 del W3C-WAI
Desarrollado por
Empresa de consultoría, tecnología e innovación