Gestamp

{{Short description|Spanish multinational automotive engineering company}}

{{Infobox company

| name = Gestamp Automoción, S.A.

| logo = Gestamp Automoción.svg

| logo_size =

| image = Zamudio - Parque Científico y Tecnológico de Bizkaia - Gestamp Tool Hardening, SL 2.jpg

| image_caption = Operational headquarters in Zamudio, Spain

| type = Sociedad Anónima

| traded_as = {{BMAD|ES0105223004|GEST}}

| ISIN = {{ISIN|sl=n|pl=y|ES0105223004}}

| foundation = 1997

| location = Madrid, Spain

| key_people = Francisco José Riberas (chairman and CEO)

| revenue = {{increase}} €9.602 billion (2019){{cite web

|title=Annual Report 2019 |url=https://www.gestamp.com/Gestamp11/media/GestampFiles/Shareholders%20Investors/Economic%20Financial%20information/Annual%20Information/2019/2019-Reporte-CNMV-Consolidado-(Ingles).pdf?ext=.pdf|publisher=Gestamp|access-date=November 19, 2020}}

| operating_income = {{decrease}} €503.963 million (2019)

| net_income = {{increase}} €295.512 million (2019)

| assets = {{increase}} €8.847 billion (2019)

| equity =

| num_employees = {{increase}} 43,938 (2019)

| industry = Automotive

| products = Structural chassis assemblies (crossmembers), hinges

| homepage = [http://www.gestamp.com www.gestamp.com]

| services = Laser beam welding, hot stamping, cold stamping, HSS stamping, roll forming, hydroforming

}}

Gestamp Automoción, S.A. simply known as Gestamp is a Spanish multinational automotive engineering company. It is one of leading firms in the European automotive industry.

History

Corporación Gestamp, Spain's largest automotive supplier steel company was founded in 1997, as a spin-off of Gonvarri, created in 1958; it is wholly owned by the Riberas family.{{Citation needed|date=December 2021}}

When Gestamp Automoción was formed, it exclusively supplied SEAT. It had begun from Gonvauto in 1991.

On 29 April 2011 Gestamp Automoción bought ThyssenKrupp Metal Forming (TKMF), formerly owned by ThyssenKrupp, the large German international company.{{Cite web |url=http://www.thyssenkrupp.com/en/presse/art_detail.html%26eid%3DTKBase_1304325501313_2108873492 |title=ThyssenKrupp |access-date=2012-07-18 |archive-date=2016-03-04 |archive-url=https://web.archive.org/web/20160304192329/http://www.thyssenkrupp.com/en/presse/art_detail.html%26eid%3DTKBase_1304325501313_2108873492 |url-status=dead }} The ThyssenKrupp division employed around 5,700 people.[http://ec.europa.eu/competition/mergers/cases/decisions/m6207_20110718_20310_1927651_EN.pdf Takeover]

Structure

It is based in Madrid in the Alfonso XII street just in front of the Retiro´s park.

It has over 100 production plants in 21 countries -

  • 45 in western Europe
  • 17 in eastern Europe
  • 13 in North America
  • 13 in South America
  • 17 in Asia

It has 13 R&D centres.

Products

See also

References

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