Subscribe to unlock this article
Thanks for your support.
Lauria Partners was founded in 2024 with the support of 16 investors with exposure to the Aerospace & Defense industry and critical sector expertise. Its founding partners, Miguel Camino and Álvaro Horstmann, screened more than 1,000 companies within the existing BITD (Base Industrial y Tecnología Nacional de la Defensa) over the course of a year before identifying the ideal target. They led the acquisition and will assume the roles of co-CEOs of Gutmar, with the aim of driving its growth, professionalizing its structure, and consolidating its market leadership. The PE fund Hyperion supported the transaction, while Joan Martorell, Executive Chairman of the group, together with the current management team, will remain involved with the company through a significant reinvestment in its capital — reaffirming his commitment to the continuity of the project.
With over 70 years of experience, Gutmar specializes in high-precision mechanical engineering and manufacturing, contributing to strategic programs such as the Super Puma, NH90, Eurofighter, A400M, S80, and BepiColombo. More than 75% of its production is exported, positioning the company as a key player in the international market. In addition, Gutmar has diversified its activities into sectors such as fusion energy, robotics, submarines, and advanced R&D projects.
In recent years, the company, which employs 110 professionals, has maintained a growth rate exceeding 20% annually, reaching a turnover of nearly €17M and an EBITDA of almost €4M in 2024, compared to €11M and €3.2M, respectively. At the same time, it has invested more than €3M in modernizing its industrial facilities, which now include over 50 CNC machines and 15,000 square meters of specialized production space.
“Major aerospace and defense companies need reliable and capable partners to successfully navigate this new investment cycle, and Gutmar has all the ingredients to be one,” emphasized Camino and Horstmann. Their objective is to grow the company, forecasting sales of €50M within the next five years.