Arania Group signs a capital increase with Finkatuz
Arania Group has signed a capital increase of 15 million euros with FINKATUZ, the strategic fund managed by the Basque Finance Institute (IVF).
This operation, the result of months of analysis and collaboration with the Basque Government, reinforces the group’s position as a leader in steel transformation and as an industrial benchmark at European level. The initiative is part of the institutional strategy of fostering economic growth, promoting business roots, promoting international expansion and consolidating the industrial fabric in the Basque Country.
FINKATUZ’s contribution will be allocated to a strategic growth plan that envisages an investment of around 50 million euros over the next three years, more than half of which will be executed in the Basque Country. This plan is aimed at developing sustainable solutions, such as low-emission steel, expanding its international presence in key markets such as the United States and Latin America, and improving digital and technological capabilities in production plants.
The operation makes the Arania Group the fourth strategic company to receive the backing of FINKATUZ, along with ITP Aero, CAF and Kaiku Corporación. It also reinforces institutional support for key sectors such as steel transformation and industrial storage solutions, in line with the industrial development strategy promoted by the Basque Government.
With a track record of 85 years, Grupo Arania has a production capacity of 400,000 tonnes of processed steel per year and exports 80% of its production to more than 65 countries. The group is made up of five brands: Arania, Aratubo, AR Racking, AR Shelving and Lamincer, all of them recognised for their commitment to excellence and technological innovation. More than 1,100 people make up the group’s human capital, a key pillar in its strategy, which prioritises equality, diversity and professional development as the cornerstones of its growth.
