Gonvarri Material Handling Strengthens Its Engineering Capabilities Through the Acquisition of Majority Stakes in AEI and TecniglobalRack
The transaction expands Gonvarri Material Handling's engineering expertise, creates synergies across key industrial sectors, and accelerates its international growth strategy.
Madrid, July 7, 2026 – Gonvarri Material Handling (GMH), a global provider of industrial storage and intralogistics solutions, has formalised the acquisition of a majority stake in Almacenes y Espacios Industriales, S.L. (AEI) and TecniglobalRack, S.L. (TGR), reinforcing its strategic growth plan and strengthening its position as a leading provider of integrated logistics and industrial solutions.
Almacenes y Espacios Industriales, S.L. (AEI) and TecniglobalRack, S.L. (TGR) are construction engineering firms that specialise in the development of steel structures and enclosure systems for logistics centers. Their services include specialised solutions such as mezzanine, racking systems and special structures.
With extensive experience in the design, engineering and execution of comprehensive solutions for industrial and logistics environments, AEI and TGR bring highly complementary capabilities to the GMH portfolio. Their customer-centric approach, built around the values of Knowledge, Quality and Commitment, aligns closely with GMH's own commitment to delivering innovative, high-quality solutions and long-term value to customers.
This acquisition represents an important milestone in the growth strategy, enhancing the company's engineering and project development capabilities in Spain while creating new opportunities to expand its offering across international markets. Through the support and global reach of Gonvarri, AEI and TGR will benefit from access to a broader international platform that will help accelerate their future development and internationalisation plans.
A key priority throughout the transaction has been ensuring continuity for customers, employees and business partners. The operation will not affect existing customer relationships, project execution or service levels. Instead, it strengthens the combined capabilities of the three businesses and creates new opportunities to deliver greater value through an expanded portfolio of solutions and expertise.
To ensure continuity and preserve the knowledge and experience that have made AEI and TGR successful, all current shareholders will remain involved in the business, alongside the existing management teams and organisational structures. Customers will continue to work with the same teams while benefiting from the additional resources, capabilities and international reach of Gonvarri Material Handling.
The integration of AEI and TGR further strengthens GMH's position as a global partner for industrial storage, automation and infrastructure projects. The transaction enhances the division's engineering and development expertise while reinforcing its commitment to innovation as a key driver of sustainable growth.
The acquisition also creates significant opportunities for collaboration and growth across several strategic sectors:
- Logistics and retail, through integrated storage solutions, warehouse automation technologies and the development of advanced logistics platforms.
- Industrial and technology infrastructure, supporting the design and construction of production facilities and high-growth sectors such as data centres.
- Automotive, enhancing the ability to serve manufacturers and suppliers with integrated solutions in demanding production and logistics environments.
The transaction reflects the long-term vision and values that define the Gonvarri group, including commitment to people, customer proximity, operational excellence and responsible management. These principles will continue to guide the integration process while supporting sustainable growth for all businesses involved.
For Gonvarri Material Handling, maintaining and strengthening service quality remains a central objective. By combining the expertise of GMH, AEI and TGR, the company is well positioned to support customers with enhanced engineering capabilities, greater project execution capacity and a broader range of innovative solutions, while preserving the close customer relationships that have been fundamental to the success of all three organisations.
Through this acquisition, Gonvarri Material Handling takes another important step in its strategy to grow through innovation, diversification and customer-focused solutions, further strengthening its role as a global partner for industrial storage, automation and logistics infrastructure projects.