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Spain's Gestamp surged when main rivals slumped

Employees work at the Gestamp manufacturing complex in Bielefeld, Germany. The facility used to be owned by ThyssenKrupp. (Reuters)
March 18, 2015 05:00 AM

Spanish supplier Gestamp will continue along the growth path it started down when the auto industry was hit by the last financial crisis. Instead of retreating when the global economy went into meltdown after Lehman Brothers collapsed in September 2008, Spain’s biggest supplier went on an expansion spree that has boosted its operations in markets as far apart as Germany and China.

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