July 29, 2016 4:23 PM ET

Industrial Conglomerates

Company Overview of Sociedad Estatal de Participaciones Industriales

Company Overview

Sociedad Estatal de Participaciones Industriales, through its subsidiaries, is engaged in the acquisition, fermentation, processing, beat, fitting-out, and commercialization of loose tobacco for cigarette production. Its business activities also include news agency services; a horse racetrack operation; the promotion and export of Spanish goods and services; universal postal services; radio and television services; consultancy for the location of companies that are planning to invest or to expand in Spain; participation into the capital, participative loans, and credit lines; and the management of portfolio of companies. In addition, its business activities include rural development, the pre...

C/Velázquez, 134

Madrid,  28006

Spain

Founded in 1995

Phone:

34 91 396 10 00

Fax:

34 91 396 15 60

Key Executives for Sociedad Estatal de Participaciones Industriales

Chairman, President and Member of Management Board
Chief Financial Officer
Age: 59
Managing Director and Member of Management Board
Head of Internal Auditing and Member of Management Board
Head of Chairman’S Office and Member of Management Board
Compensation as of Fiscal Year 2016.

Sociedad Estatal de Participaciones Industriales Key Developments

Mediaset Reportedly Acquires 3% Stake In Indra

Mediaset SpA (BIT:MS) has acquired a 3% stake in Indra Sistemas, S.A. (CATS:IDR), with an option for a further 3%, according to an unnamed source cited by El Confidencial. At current market prices, the stake would be worth around €37.5 million. The report suggests that Sociedad Estatal de Participaciones Industriales offered its entire 20% stake in Indra to Telefonica.

SEPI Is Not Looking To Sell Its 20% Stake In Indra Sistemas

Sociedad Estatal de Participaciones Industriales (SEPI) is not looking to sell its 20% stake in Indra Sistemas, S.A. (CATS:IDR), a spokesman said, after a newspaper reported on December 22, 2014 that a British investment firm was interesting in purchasing it. "We are not interesting in selling," the spokesman said, adding that any divestment would need backing the government.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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