– Main photo: From left to right: Ciro Larrañeta, CEO and partner of Tetrace, Antxón Errea, and Abel Moreno, both managing partners of Gurpea, at the moment of signing.-

The new Mexican company, with Navarrese roots, has started its journey with attendance at the ‘International Automotive Industry Supply Summit’, one of the largest business meetings in the country’s automotive sector, which took place in Querétaro on May 31 and June 1, and brought together more than 10,000 attendees.

GURPEA TETRACE MEXICO (GTM) is the result of the union of two NAVARRESE COMPANIES, Gurpea and Tetrace, leaders in the market and with presence in 16 countries, who have decided to join forces to put their KNOW-HOW in AUTOMATION ENGINEERING, INDUSTRIAL MAINTENANCE and RENEWABLE ENERGY at the service of the Mexican market.

With the objective of seeking new business opportunities, GTM attended the ‘International Automotive Industry Supply Summit’, automotive industry expo in Querétaro, Mexico, with its own stand, located in the Spanish pavilion.

An event that brought together companies from more than 12 countries, interacting in different formats and contexts: 11,000m2 of exhibition area, pre-scheduled business appointments with decision makers, networking and conferences offered by directors of the main companies in the sector, such as BOSCH and STELLANTIS.

Positive assessment and opening of negotiations.

GTM values this action very positively, which has meant a strong commercial boost for the new company thanks to direct access to more than 30 new specialized contacts, of which 10% have already entered a negotiation stage. In addition to in-depth knowledge of the real needs of Mexican companies, which have shown great interest in the engineering projects exhibited.

Opportunities of the Mexican market for GTM.

In the selection of Mexico as a destination in the internationalization strategy of Gurpea Tetrace, several factors have influenced, among them, the boom in the sectors of activity to which the company will mainly be directed: automotive and renewable energy. GTM will offer companies a competitive difference by offering the duo of services of engineering and maintenance and repair of production lines, covering the entire lifecycle of machinery and implementing automation processes that bring industry 4.0. to the country.

All this, with the plus of having physical offices and workshop provided by Tetrace, a company that is already established in the destination.

In addition, Mexico, with an expected GDP growth of 4%, and export figures of 500 billion dollars in 2021, positions itself as the production base of the USA, and GTM’s gateway to the North American market. An example of this is its fourth place as a vehicle exporter worldwide.

GTM in numbers.

GTM enters to compete in the Mexican market backed by two Navarrese companies that combine 30 years of experience in the industrial engineering and wind sectors, solid structures and significant business volumes.
Gurpea and Tetrace jointly form a new business force that brings together 550 workers, more than 250 clients, around 1,500 executed projects, 5,000m2 of production facilities, 40 million euros in turnover and presence in 16 countries with their own office.

Gurpea has accumulated 19 years developing innovative automation engineering and industrial maintenance projects for recognized clients nationally and internationally, integrating the concept of industry 4.0 through the implementation of the latest technologies available on the market.

For its part, Tetrace, leading ISP in renewable energy, has been offering high-quality services for 14 years in 4 verticals; Civil and offshore engineering, supervision and inspection, specialized maintenance and spare parts.

The news in the media.

From Gurpea Tetrace Mexico we appreciate the dissemination of the news by colleagues from the following media:

• Interempresas Automoción (View news)
• Navarra Capital (View news)
• Diario de Navarra (View news)