CIE Automotive

CIE Automotive is an industrial group specialised in supplying components and subassemblies for the automotive market. It is listed on the Madrid and Bilbao stock markets, and it has presence in 4 continents and 15 countries.

CIE AUTOMOTIVE S.A.
TypeSociedad Anónima
BMAD: CIE
ISINES0105630315
IndustryAutomotive
Founded1996 as Corporacion Industrial Egana
FounderJavier Egana
HeadquartersBilbao, Spain
ProductsComponents for Engine, Chassis and Steering, Transmission, Interior and Exterior Trim, Roof system
RevenueIncrease €3.461 billion (2019)[1]
Increase €594.359 million (2019)[1]
Increase €287.475 million (2019)[1]
Total assetsIncrease €5.066 billion (2019)[1]
Number of employees
Decrease 23,000 (2019)[1]
Websitehttp://www.cieautomotive.com

CIE Automotive focuses its activity on seven technologies — Aluminium, Forging, Stamping and Tube Welding, Machining, Plastic, Casting and Roof Systems.[2]

In 2018, Nugar Puebla (Mexico) was founded, a company that has automatic welding and assembly lines with robots. That same year Autometal Minas (Brazil) was acquired, which was founded as Zanini Industria de Autopeças, Ltda. Іn 1997 and is dedicated to the injection, chrome plating and painting of plastic parts for the automotive sector. Its products include emblems, wheel covers, front grilles, access systems for the fuel tank, spoilers and body moldings.[3]

Shareholders

As of June 2020:[4]

ACEK DESARROLLO Y GESTIÓN INDUSTRIAL, S.L. 14.909%
ANTONIO MARÍA PRADERA JÁUREGUI 10.000%
CORPORACIÓN FINANCIERA ALBA, S.A. 12.090%
ELIDOZA PROMOCIÓN DE EMPRESAS, S.L 10.345%
MAHINDRA & MAHINDRA, LTD 7.435%
ADDVALIA CAPITAL, S.A. 5.000%
ALANTRA ASSET MANAGEMENT, SGIIC, S.A. (Concerted share) 3.376%
TREASURY STOCK 3.128%

References
  1. CIE 2019 Annual Report
  2. "Technologies". www.cieautomotive.com. Retrieved 2020-09-11.
  3. "Informe de Auditoría, Cuentas Anuales Auditadas, Informe de Gestión y Memoria Anual - Investors Website - CIE Automotive". www.cieautomotive.com. Retrieved 2022-05-11.
  4. "Significant Shareholders and Treasury Stock". www.cieautomotive.com. Retrieved 2020-09-11.
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