IMAP Albia Capital has provided advise to Jae & Metalband in relation to the company’s incorporation process to the American International Automotive Components Group Cooper Standard.
This incorporation operation entails the consolidation of the company and brings a new dimension to and major opportunities for its growth. The transaction will have a favourable effect on the creation of employment and wealth in the Autonomous Community of La Rioja.
About Jae & Metalband
Jae & Metalband is an equipment-machinery and materials for sealing rings and rubber profile extrusion supplier for the automotive sector. With corporate headquarters in Logroño, Spain, the company has facilities of over 2,500 m² and a qualified technical office.
About Cooper Standard
Cooper Standard, with corporate headquarters in the USA, is a leading global supplier of systems and components for the automotive industry. Among its products are plastic and rubber sealing, fluid transfer hoses etc.
With earnings of $3,6 billion, the company employs over 32,000 people globally and operates in 20 countries around the world.