SEPI launches the process for the joint sale of ENUSEGUR and ETSA DOI

27-12-2012 — /europawire.eu/ — Spain’s State-Owned Industrial Holding Company (SEPI) has decided to begin the process of selling 100% of the share capital of ENUSEGUR, S.A. and ETSA DOI, S.R.L., both subsidiaries of the Enusa Group.

ENUSEGUR and ETSA DOI focus on the transport of both civil and military explosives and sporting ammunition.

ENUSEGUR, a Spanish company founded in 2001 under the Private Security Act, has its corporate headquarters in Madrid and its fiscal offices in Burgos. It has a staff of 11 explosives drivers/ guards and a 4-person management team.

ETSA DOI is a Romanian company incorporated in 2007 with corporate headquarters in Bucharest and an operating base in Fagarás. It has a staff of eight people.

The two companies together have aggregate revenues of approximately 1.7 million Euros, with a high percentage of its sales concentrated in a single client. The assets amount to 1.2 million Euros.

The following table shows the main magnitudes of these two companies in the 2011 fiscal year:

Those interested in taking part in this privatization process must submit the required documentation to the General Registry of SEPI before 10:00 am on January 9, 2013 (the Registry opening hours are from 9:00 to 13:45, Monday to Friday).

All the information and documentation for this process is available on the SEPI Website: www.sepi.es