Our partner Javier Echevarría has presented in Best Ideas our investment thesis on Gestamp, a Spanish family business, and supplier of parts for the main automobile brands, with a global presence. Its business is little affected by structural changes in the industry, and even benefited from them. We consider the market gives us the opportunity to invest in Gestamp at a price well below its value.

Gestamp: Owner-Operated Tier 1 Auto Supplier at Low Valuation