ACTIVITYA company located in El Astillero (Cantabria). Its activity is focused on ship repairs and specialized transformations.
|% stake sold||State-owned equity remaining|
|Type of deal||Buyers||Date SEPI||CCP's report||Government approval|
|Private sale (bid)||Italmar||21/10/1999||Nov.99||12/11/1999|
ACTION ON ASTANDER
The process of sale of this Cantabrian shipyard was based in the search of an option which guaranteed its future activity, in a very complex environment as is the shipbuilding industry. The offer presented by Italmar included as the most significant elements of its industrial project the following;
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