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Batz secures a €69 million syndicated loan to fuel its growth through to 2032
With this new financing, on the one hand, the structure and timetables are being adapted to the company’s needs, and on the other, the group of financing institutions is being renewed and streamlined. This new situation will enable Batz to make progress in both its two traditional business areas, Tooling and Automotive, as well as to drive forward its most recent venture into the Aeronautics sector.
The banks have been led by BBVA and Laboral Kutxa, with the former acting as agent or administrator. Joining these two main banks are Caixabank, the Official Credit Institute (ICO), Rural Kutxa, IVF, Banca March, Deutsche Bank and Santander. Batz also enjoys the strong support of MONDRAGON, the corporation to which it belongs.
The working group included Deloitte on the financial side and LKS Next to provide legal support.
2025: sales of €252 million and a positive trend in profits
Despite the turbulent situation in the automotive sector, the Batz Group managed to grow in 2025 to a turnover of €252 million and improve its results by more than 25% compared to the previous year. The group employs 1,300 people, spread across its international plants in Mexico, China and the Czech Republic, and in the Biscayan towns of Igorre, Artea and Zamudio.
The Batz Group managed to grow in 2025 to a turnover of €252 million and improve its results by more than 25% compared to the previous year.
Furthermore, the Batz Group has recently acquired a majority stake in the company WEC, where, together with the Velatia Group, they will jointly drive the engine components business for the aeronautical sector.