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.

Company type	Sociedad Anónima
Traded as	BMAD: CIE
ISIN	ES0105630315
Industry	Automotive
Founded	1996 as Corporacion Industrial Egana
Founder	Javier Egana
Headquarters	Bilbao, Spain
Products	Components for Engine, Chassis and Steering, Transmission, Interior and Exterior Trim, Roof system
Revenue	€3.461 billion (2019)[1]
Operating income	€594.359 million (2019)[1]
Net income	€287.475 million (2019)[1]
Total assets	€5.066 billion (2019)[1]
Number of employees	23,000 (2019)[1]
Website	http://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%