Tubos Reunidos: 14 potential investors express interest in acquisition

Fourteen potential industrial investors have expressed interest in acquiring Tubos Reunidos, according to the company's insolvency administrators. During a meeting with labor representatives from the LAB and UGT unions, administrators reported that the ongoing process has generated “great interest.”

While the specific details of the offers have not been disclosed, the administrators indicated that the bids may cover the entire production unit. Regarding immediate financial stability, the administrators assured workers that September salaries will be collected and no issues are anticipated for October.

The next meeting between the administrators and labor representatives is scheduled for October 15. Labor unions have emphasized that the priority is not merely finding a buyer, but securing a “solid” industrial project that guarantees continued employment and the future of the plants and their surrounding regions.