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Estarta merges with Danobat
The General Assemblies of both co-operatives recently agreed the merger of Estarta with Danobat, in order to “increase their capacity to compete in the market place”.
This brings to a close a business merger process the aim of which is to gain in size in order to improve competitiveness in the global market. Estarta, engaged in the manufacture of centreless grinding machines, joined DanobatGroup in 1996.
Strength in unity
DanobatGroup has moved on from being a group made up of a number of different brands to become a group of companies which promotes its most well known brands:
Danobat and
Soraluce. As a result of these efforts to level down and integrate, DanobatGroup now transmits a unified vision to its customers and the market, which places it in 30th position in the world ranking of machine tool manufacturers.
DanobatGroup is the Machine Tool division of the MONDRAGON Corporation. The Group as a whole provides employment for 1,173 people, of whom 197 are located in its production plants abroad:
Newall UK in the United Kingdom and
Overbeck and
Bimatec-Soraluce in Germany. Likewise it has sales offices in France, Italy, United States, Brazil, China, India and Japan. The Group’s most representative products are: grinding machines, lathes, band sawing machines and drilling units, milling centres, punching and bending machines and equipment for the railway industry.
The
MONDRAGON Corporation is structured around four areas: Finance, Industry, Retail and Knowledge. It is today the leading Basque business group and the tenth biggest in Spain. In 2009 it posted turnover of close to €15bn with an average workforce in excess of 85,000 people.