The growth path continues with the acquisition of Infun Group, strengthening the presence of the Auto Parts Sector un Europe and entering the Asian Market. With this step in the strategy, we consolidate the Global Auto parts structure.
GISSA concluded the acquisition of 100% of the shares of Ace.
Autoparts agrees JV with Fagor Ederlan for the manufacturing of foundry parts. GIS Decalogue launching; strengthening the strategy of the Group in preparation for 2025.
Consolidation and expansion of strategic operations with financial strength; acquisition of Tisamatic. The JV with TRW for new foundry operations is announced.
Fluida acquires Funcosa assets.
Calorex acquisition and HESA’s brand rights. In JV with Caterpillar, production of blocks and heads for diesel motors.
Santa Anita and Enasa starts production of ceramic pottery, cookware and steel pots and pans.
Start of operations of the Vitromex plant in San Jose Iturbide.
Moto Islo redirects efforts to produce washing machine transmissions.
Islo Honda start of operations. Melcinsa set up for the production of pottery. GISSA’s IPO. Cifunsa 3 begins production of grey iron blocks and heads.
Start of operations of Vitromex Ceramic tiles plant to produce coverings and bathroom fixtures.
Motocicletas Islo begins operations, and Cinsa Calentadores is founded.
Brochas y Cepillos Exito was founded, followed by Molinos del Fénix for flour production.
Cinsa is founded to produce enamel and steel products for kitchenware.
“El Aluminio” is founded to produce plumbing hardware products such as tubes, connections, bathtubs, and other bathroom supplies.