At Fundigex, we would like to extend our most sincere congratulations to Fundiciones San Vicente on their acquisition on March 31, 2026, of Procast Guss España S.L.’s production assets during its liquidation process. With this operation, the cooperative rescues the German company’s valuable production facilities amidst a complex climate for the foundry sector and the Basque industrial landscape as a whole.
Fundiciones San Vicente, which boasts nearly 75 years of experience in the iron foundry sector, specializes in the production of short-run, highly complex parts. This segment maintains high barriers to entry for Chinese competition due to its specific volumes and lead times, allowing the cooperative to expand its market niche into sectors such as pumps and valves, agricultural machinery, railways, and machine tools.
This latest strategic decision enables the cooperative to leap toward cutting-edge technology better suited to current market demands, enhancing its competitiveness and allowing for diversification into new client sectors. In doing so, they once again demonstrate their commitment to local industry and high-quality craftsmanship.