COFIDES has extended a 1,750,000-euro loan to Alucoil, charged to FIEX resources, to finance the establishment of the Spanish company in the United States.

COFIDES’s funds will be assigned to finance the acquisition of the American company Intrabond USA and the enlargement of its current facilities.

Intrabond USA has a modern manufacturing facility to produce aluminium composite materials located in Manning (North Carolina). With the strategic purchase in North America, Alucoil will be able to cover the demands of the US domestic market, and to export to Canada, Mexico, Central America and the Caribbean.

Alucoil is a part of Grupo Aliberico conformed in the division of Transport and Construction. The company was founded in 1996 and nowadays is a leading European manufacturer. The main production facility of the company, with an extension of 28.000m² and located in Miranda de Ebro (Burgos), produces high quality metal composite materials and other wall cladding products.