Spain's Ebroacero buys foundry FTR to add stainless steel and iron casting
What's the deal? Zaragoza-based foundry EbroaceroDealroom has a profile for this one. Try Dealroom → has acquired FTRDealroom has a profile for this one. Try Dealroom →, a cast-iron parts maker in Torrijos, near Toledo, the company announced in September 2026. Terms were not disclosed. FTR keeps its brand and operates independently under new ownership.
What's the endgame? Ebroacero, active for more than 60 years, makes carbon steel parts weighing from about one kilo to 14,000kg. FTR adds iron, nodular iron, alloyed iron, and low-alloy parts of up to 1,500kg, widening the group's range of materials and weights.
Why now? Customer demand pushed the move. "What we were looking for was to broaden our product range," said Ignacio Giménez, general manager of Ebroacero. "We're a carbon steel foundry and wanted to add other steel grades — specifically stainless steel and to enter iron and alloyed iron." (translated from Spanish)
FTR's Torrijos site offered space for a stainless steel line, letting Ebroacero move in two directions at once.
What's next? Ebroacero has bought the furnaces and is installing machinery for stainless steel production. It expects first samples next summer, with capacity for parts of up to 1,500kg.
The deal lets both firms share commercial, technical, and administrative teams and pool existing customers. "Sometimes we get queries about parts we can't make because they aren't carbon steel — and from now on we'll be able to, through FTR," Giménez said.
The signal: Ebroacero frames the deal as keeping industrial work in Spain that might otherwise go abroad. "There's no need to go to Italy, Turkey, or China," Giménez said. "Here, between Zaragoza and Torrijos, we offer the solution companies need, with the required quality and at competitive prices."
Read more: levante-emv.com
Image credit: trialsanderrors
