Aicox creará un nuevo gran grupo de Defensa valorado en 400 millones

Spanish defense equipment company Aicox is working towards forming a large Spanish defense group specializing in tactical communications equipment and electronic warfare. Sources reveal that up to seven companies will be integrated into this new entity, valued at 400 million euros. The identities of the companies being acquired by Aicox remain undisclosed, but they consist of three mid-sized companies and four small firms, each bringing unique capabilities to the project.

The Laborda family, the owners of Aicox, have partnered with investment firm Senda Investment Partners, launched this year by Javier Olascoaga and Victor Garcia Reymundo, to raise capital for the acquisition. They are currently working on raising an additional 250 million euros for Aicox. The goal of this new industrial group is to grow while maintaining agility to compete for major military contracts from the Spanish Ministry of Defense, while also exploring international program participation.

The companies being acquired possess expertise beyond tactical communications, including energy sector experience. The Laborda family plans to remain the largest shareholder in the new company, though their effective stake may be below 50%. Plans also include expanding Aicox's manufacturing capabilities, with a new 18,000 square meter facility in San Agustin de Guadalix, Madrid set to begin operations in the second quarter of 2027, and a potential second facility in another Madrid location planned for late 2028 or early 2029. International expansion is also on the agenda, though specific locations remain unspecified.