Sociedad de Capital Desarrollo de Euskadi, S.A. acquired 1.24% stake in Construcciones y Auxiliar de Ferrocarriles, S.A. from Kutxabank, S.A. for €15 million.
January 03, 2018
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Sociedad de Capital Desarrollo de Euskadi, S.A. acquired 1.24% stake in Construcciones y Auxiliar de Ferrocarriles, S.A. (BME:CAF) from Kutxabank, S.A. for €15 million on December 28, 2017. Sociedad de Capital Desarrollo de Euskadi, S.A. acquired 0.425870 million shares of Construcciones y Auxiliar de Ferrocarriles, S.A. at €32.5 per shares in the transaction.
Sociedad de Capital Desarrollo de Euskadi, S.A. completed the acquisition of 1.24% stake in Construcciones y Auxiliar de Ferrocarriles, S.A. (BME:CAF) from Kutxabank, S.A. on December 28, 2017.
Construcciones y Auxiliar de Ferrocarriles SA (CAF) is a Spain-based company engaged in the rolling stock manufacture. The Companyâs activities are divided into two business segments: Rolling stock, as well as Components and spare parts. The Rolling stock division focuses on the design, production and distribution of rolling stock and equipment for railway systems, such as high-speed vehicles, locomotives, trains for middle-distance transportation, commuter trains and electric motorcars, subway trains, streetcars, traction and signaling systems, as well as energy storage solutions. The Components and spare parts division offers elements and spare parts for rolling stock equipment, such as wheels, axles and gear units. In addition, the Company offers technical assistance, maintenance and after-sale services, as well as development of rail infrastructure, among others. It operates through numerous subsidiaries in Spain, France, Germany, the United States, Brazil and Mexico, among others.
Sociedad de Capital Desarrollo de Euskadi, S.A. acquired 1.24% stake in Construcciones y Auxiliar de Ferrocarriles, S.A. from Kutxabank, S.A. for €15 million.
CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A. 
