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Sponsor: Ulma C y E, S. Coop.
Business Activity: Design, development, production, sales, rental of industrialised assembling systems
Product: Joint venture loan
Total investment: €10m
ULMA C y E has acquired machinery for scaffolding and formwork aimed at the construction and building sector of residential works, public works and renovations, in order to increase activity in its Mexican subsidiary. To do this, UMA Cy E received financial support from the FIEX fund.
ULMA C y E’s main activity is the manufacturing, marketing and rental of scaffolding and formwork. Its products are aimed at the construction and building sector of residential works, public works and renovations, with construction companies being their major clients.
The company form part of the ULMA Group. It is made up of 9 cooperative societies and is multi-sectoral. The ULMA group is also part of the Mondragón Corporación. It is currently present, among others, in Germany, Brazil, Italy, Poland, United States and Mexico.
ULMA C y E collaborated in an internationalisation project of the company in Brazil in 2010.