Secuoya buys 55% of BGL
Juan Fernandez Gonzalez | 23-04-2014
Grupo Secuoya has acquired 55% of BGL Ingeniería Audiovisual, a company specialising in the design and implementation of audiovisual projects.
BGL has a large portfolio of national and international clients, including television channels, theatres, museums, concert halls and universities.
Grupo Secuoya has directly acquired 55% of BGL's capital share from the company's original shareholders, the Gil Pérez family. Both partners also agreed to allocate additional funds in order to boost BGL's international growth and expansion plan.
Through this move, Secuoya continues to grow by creating alliances within the sector. BGL was founded in 1968 and specialises in audiovisual broadcast engineering projects – TV and radio facilities, post-production, news editing systems, continuity and virtual studios.
The company has positioned itself as an international leader in audiovisual engineering by carrying out projects including the Boris Yeltsin Museum in Yekaterimburg, the History Museum of Qatar, the Russian Pavilion at the 2012 Korea Expo and the Treasures of Aga Khan exhibition in Istanbul.
The BGL group has also implemented technical installations at communication operators across Spain (Telemadrid, Aragón Radio), public institutions (parliament buildings in Madrid, Aragon, Valencia, Andalusia, Extremadura, La Rioja and Navarra), conference centres, theatres, universities, and hotels.
For BGL's chief executive, Angel Gil, the move represents a major strategic leap for the company. "By joining a group like Secuoya, we can strengthen not only our financial capacities to respond to our clients' growing demands, but also expand our commercial portfolio in a market in which the demand for comprehensive services is ever-increasing."
Raul Berdones, executive chairman of Secuoya, commented upon "the remarkable ways that the two companies complement each other, especially in relation to both companies' international ambition and commitment to innovation in production and commerce."