 2001
Change of ownership: In December 2001 the founders of MIVISA sold the Company to the private
equity firms Suala Capital and PAI Management, which are fully independent
firms of any financial or industrial group.
The new shareholders’ objective is to consolidate MIVISA’s
lead in the domestic market and to increase the Company’s
presence internationally.
 2002
The Asturias plant starts operations
The Asturias factory came on stream in June 2002, boosting MIVISA’s
production capacity in the areas of coil cutting, coating and
printing, as well as driving synergies with key suppliers and
improving the Company’s internal logistics.
The start-up
of the Asturias plant also enabled Mivisa to begin manufacturing
a new product, Mivisa Caps ® (twist-off caps) to complete
the Company’s
product range. We aim to position MIVISA as the leading manufacturer
of twist-off caps in terms of both quality and service in the
short term.
 2003
Move to the Las Torres
de Cotillas (Murcia) plant
In August 2003 all of the remaining production lines at the Churra
(Murcia) plant were moved to the Las Torres de Cotillas (Murcia)
plant. The completion of the move will result in a major reduction
in the transport of both Raw Materials (tinplate) and Finished
Products between the two factories.
The only work remaining to complete this facility is the construction
of the new head office building, which is scheduled for the last
quarter of 2004.
Official opening of
the Asturias plant
The Llanera plant (Asturias) was officially opened by the President of the Regional
Government of Asturias on 8 April 2003. The event was attended by representatives
of numerous institutions.
The Asturias factory is now operating at full capacity.
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