Goros Investments buys majority stake in Spanish cable maker Auxitel
What's the deal? Goros InvestmentsDealroom has a profile for this one. Try Dealroom → has acquired a majority stake in Auxitel, a Spanish manufacturer of wiring and electromechanical assemblies, law firm Gómez-Acebo & PomboDealroom has a profile for this one. Try Dealroom → said. Financial terms were not disclosed. The deal was announced in November 2026.
What does Auxitel do? Headquartered in Alcalá de Henares, Madrid, the company makes wiring and integrates electromechanical assemblies for industrial sectors including defence, aerospace, telecoms, rail, and energy. It has more than 190 employees and nearly four decades of operating history, serving clients across Europe, the Americas, Africa, the Middle East, and Asia.
What's the endgame? Goros plans to fund growth, expand production capacity, and support international expansion. Auxitel aims to double its revenue in the coming years, backed by a firm order book and a move to new facilities of more than 5,500m², sized to double current output.
Why now? Managing director Juan de Dios González, who will stay on and remain a reference shareholder, said growth at the pace customers demand "requires investment and a structure to match" (translated from Spanish). He added that Goros was a partner that shared the company's vision and respected its way of working.
The signal: The deal lands amid rising demand for electrical infrastructure, with large European grid-investment needs and tight supply of cables and components. But Auxitel's industrial wiring work is not the same market as high-voltage grid cable, so this reads as a strategic growth investment rather than sector consolidation.
Read more: ga-p.com
Image credit: nenadstojkovicart
