Gestamp

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.

Gestamp Automoción, S.A.
TypeSociedad Anónima
BMAD: GEST
ISINES0105223004
IndustryAutomotive
Founded1997
HeadquartersMadrid, Spain
Key people
Francisco José Riberas (chairman and CEO)
ProductsStructural chassis assemblies (crossmembers), hinges
ServicesLaser beam welding, hot stamping, cold stamping, HSS stamping, roll forming, hydroforming
RevenueIncrease €9.602 billion (2019)[1]
Decrease €503.963 million (2019)[1]
Increase €295.512 million (2019)[1]
Total assetsIncrease €8.847 billion (2019)[1]
Number of employees
Increase 43,938 (2019)[1]
Websitewww.gestamp.com

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.

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.[2] The ThyssenKrupp division employed around 5,700 people.[3]

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

View of the operational headquarters in Zamudio

See also

References

  1. "Annual Report 2019" (PDF). Gestamp. Retrieved November 19, 2020.
  2. ThyssenKrupp
  3. Takeover

Video clips

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