History

With the group corporate restructuring, Omnisantos, SGPS, SA became the totalitarian shareholder where Eng. Marco Santos assumes the CEO role. In the same date, an injection of share capital was made, increasing from € 498,800 to € 1,080,000 in order to meet the company’s investment needs, and strengthening its capital structure. At the same time, the export market sales represented more than 50% of the company’s total turnover;

With a new dynamic and experienced team combining the adoption of new strategies for international markets;

Grupel starts the construction of a new plant with 6000m2 factory area and 1,000 m2 of offices, located in Vagos Industrial Zone very near a major highroad, to respond to the company’s growth thereby increasing its production capacity to 5000 annual groups;

Grupel Angola starts its internationalization process, aiming to establish itself as one of the leading companies in the field of generators in Africa.

Following the reorganization of the entire Group, from January 2015 there was a merger of the brands Cymasa and Grupel that transformed into the brand “Grupel by Cymasa”. The focus is to continue with the highly competitive standard solutions offered by Grupel, paired with the Know-How and strength of the more complex and engineering detailed solutions by Cymasa. This new brand will be implemented in the markets of Spain and Latin America, and in Spain we will continue with our direct sales network and our local agents, in all provinces. We will continue to make an effort to be closer to our customers thus offering competitive solutions with added value.