Asturias to Acquire Duro Felguera Plant for 10.7 Million Euros to Lease to Indra

✦ Meridian Analysis

The deal is a signed purchase of the 16,000‑square‑metre Barros workshop in Langreo from Duro Felguera for €10.7 million by the regional government of Asturias. The agreement includes a 25‑year lease of the facility to Indra, which will operate it as a production centre for industrial, technology and defence activities. The transaction adds a second plant to the El Tallerón site Indra bought from Duro Felguera last year for €3.65 million. Undisclosed elements that a deal professional will monitor include the financing package the Asturian government will employ, any state‑aid or subsidy arrangements, and the identity of legal and financial advisers. Details of the lease – such as rent levels, escalation clauses and any performance‑linked investment commitments from Indra – have not been made public, nor have the regulatory clearances required for the defence‑related use of the site. The timetable for hand‑over and the start‑up of production will be key indicators of the deal’s execution speed.

The Meridian Weekly