[SMM Stainless Steel Flash] Fagor Arrasate Expands Operations with Herpasa Stainless Steel Tank Acquisition
Spanish manufacturer Fagor Arrasate has acquired the production unit of Barcelona-based Inoxilos, S.L. — owner of the Herpasa stainless steel tank brand — out of post-bankruptcy liquidation, integrating Herpasa's specialized manufacturing capabilities with its engineering infrastructure and global distribution footprint. The full technical and operational workforce will be retained and reinforced to maintain service continuity and preserve proprietary expertise. Mikel Lopez, director of Fagor Arrasate's steel business unit, will lead Herpasa, with immediate priorities focused on fulfilling active customer projects and restoring market confidence before leveraging corporate resources for broader market growth.