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Basque Consortium Secures Exclusive Talks to Buy Ayesa’s Tech Division

The bid aims to keep decision centers in Euskadi using €200 million already committed by BBK alongside Indar–Kutxabank.

Overview

  • Industry chief Mikel Jauregi said he expects the purchase agreement to be signed before December 31.
  • The operation is valued at about €500 million, with exclusivity through year‑end and four additional months to formalize the deal.
  • The consortium, led by Fundación BBK, Kutxabank and the Basque Government, is open to new partners with a minimum €10 million ticket.
  • Seller AMCE holds 70% of Ayesa and is pursuing separate sales of the technology and engineering divisions, while the Manzanares family with 30% is described as aligned with the process.
  • Ayesa employs more than 13,000 people worldwide, including roughly 2,000 in the Basque Country across Miramón, Zamudio and Vitoria-Gasteiz.