COFIDES promotes Molecor's international growth with 7 million euros

Bet on its growth in foreign markets

COFIDES supports the international expansion of Molecor, a leading Spanish company in the manufacture and sale of PVC technology and pipes, with financing of 7 million euros.

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This financing is part of an expansion of a syndicated loan that will allow Molecor to carry out a growth plan that includes new investments in its foreign subsidiaries.

 

COFIDES, through the Fund for Investments Abroad (FIEX), thus replaces the financing granted to the company in 2021, showing its confidence in Molecor's business model and its solid international growth.

 

Innovation and global expansion

 

Molecor bases its success on three fundamental pillars: innovation, internationalization , and agility in decision-making. This strategy has allowed it to achieve growth exceeding that of the sector and a global presence in more than 30 countries.

 

Innovation is part of Molecor's DNA, with the aim of improving people's quality of life through efficient and sustainable solutions for access to water. The company dedicates great efforts to technological development to expand its range of products and services.

 

Molecor bases its success on innovation, internationalization and agility in decision making

 

A solid business group

 

Molecor Tecnología SL, headquartered in Madrid, is the parent company of a business group with eight production plants in Spain, South Africa, Paraguay, and Malaysia . It employs approximately 500 people and its products are sold worldwide.

 

Miguel Ángel Ladero, corporate director of the Investment Department at COFIDES , highlighted that “it is very gratifying to accompany Molecor in its international growth and its transformation into a large company. In recent years, we have witnessed how, through its commitment to innovation and responsible production, the company has strengthened its commitment to the environment.”

 

For his part, Ignacio Muñoz, CEO of Molecor , stated that “COFIDES’ support is fundamental to continuing to drive our international growth and consolidating our position as a leading company in the PVC pipe sector. COFIDES’ confidence in our business model motivates us to continue working towards a more sustainable and efficient future.”