Sodeco
PE/Buy-Out · Langreo (Spain)
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About
Sodeco is the venture capital arm of Hulleras del Norte S.A. specializing in seed, start-up, early venture, growth capital, incubation, and emerging growth financing. In addition, the firm is an incubator and provides long and short term loans. It invests in incubators that support the growth of small projects. The firm typically invests in manufacture and commercialization of profiled sheets and panels, thermal complex, manufacture of valves for the oil sector, and manufacture and retreading of tires. It seeks to invest in the mining region of Asturias in Spain. The firm prefers to invests between €0.12 million ($0.133 million) €3 million ($3.33 million). It prefers to acquire upto 45 percent stakes upto 10 years in its portfolio companies. Sodeco was founded in 1988 and is based in La Felguera, Spain. Sodeco is the subsidiary of Hulleras del Norte S.A.
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