
Cintac Group
Cintac is the leading company in the manufacturing and marketing of construction systems and construction supplies.
- Construction
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | $143m | Debt | |
Total Funding | 000k |
In 1956, Cintac S.A. began its journey in Chile as a limited liability company with a clear focus: manufacturing steel tubes and related products. This foundational step established the company in the industrial sector. A pivotal moment arrived in 1965 when the company transitioned into a corporation, a strategic move that opened the door to new financial resources through the sale of shares, setting the stage for future expansion. The company's path wasn't always smooth. The global recession of the early 1980s presented significant financial challenges, testing the firm's resilience. However, management's efforts to navigate the crisis proved successful, leading to a period of recovery and renewed growth. This resilience became a hallmark of the company's journey. A significant turning point came when Cintac was acquired by the CAP Group, a major player in the Chilean market. This acquisition marked a new chapter, integrating Cintac into a larger industrial conglomerate and solidifying its position. As part of its growth strategy, Cintac expanded its footprint, establishing operations in Peru and making strategic acquisitions of its own, such as Promet Servicios and Calaminon. Today, Cintac is a key part of Grupo CAP, manufacturing a wide array of steel and construction products for the Chilean and Latin American markets.