Spanish foundry company Fundiciones San Vicente has acquired key production assets from Procast Guss Spain following the latter’s recent insolvency proceedings. The move marks a major strategic expansion for the long-established casting manufacturer and strengthens its position within the European iron casting market.
Founded in 1952, Fundiciones San Vicente operates from a 20,000 m² industrial site near Bilbao, one of Spain’s most important foundry clusters. The location provides direct access to regional suppliers as well as efficient logistics connections via nearby highway infrastructure and Bilbao Airport.
The company currently achieves an annual production capacity of approximately 20,000 tons and specializes in gray and ductile iron castings ranging from 1 kg to 1,000 kg. Its manufacturing portfolio covers small, medium, and large production runs using both mold-block and automated molding technologies.
Acquisition Strengthens Regional Foundry Network
Fundiciones San Vicente and Procast Guss Spain share longstanding industrial ties. Procast Guss Spain, previously operating as Procast Guss and earlier under the name Fundiciones Garbi, was originally established by former employees of Fundiciones San Vicente. Over the years, the facility developed into one of Western Europe’s most technologically advanced iron casting operations.
Following Procast’s insolvency filing, Fundiciones San Vicente moved to secure the site’s equipment and production infrastructure, ensuring continuity of industrial capabilities within the region.
Capacity Expansion and Relocation Planned
With the integration of the newly acquired assets, Fundiciones San Vicente expects to significantly expand operational output. The company projects production volumes of up to 4,000 metric tons per single shift once the integration process is completed.
As part of its growth strategy, the company also plans to relocate its operations to the upgraded facility within the coming months, enabling modernization of workflows, increased efficiency, and future capacity growth.
