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Experienced ES/DE > EN Translator with MA in Translation Studies
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Spanish to English: COFIDES to accompany Klingele Embajales Canarias on their international expansion General field: Bus/Financial
Source text - Spanish Madrid, 15 de marzo de 2018.- COFIDES respaldará la consolidación de la empresa Klingele Embalajes Canarias, S.A. en Mauritania. Para ello proporcionará 500.000 euros mediante un instrumento de coinversión con cargo a los recursos propios de COFIDES.
Con este importe, la empresa financiará la adquisición del 45% de dos empresas productoras de envases y embalajes de cartón corrugado, MPE y Mauripack, en las que ya participaba al 55%. De esta forma, Klingele Embalajes Canarias se hace con el control de ambas empresas al adquirir la participación de su socio local. Junto con la aportación que realiza el promotor, la inversión total del proyecto asciende a 2,7 millones de euros.
La adquisición de MPE le permite a Klingele la obtención de sinergias con su actividad en Canarias, ya que las planchas fabricadas en el centro productivo de Canarias son el insumo principal para la fabricación de cajas y embalajes en MPE. Ello le ofrece la posibilidad de aumentar las ventas tanto de producto final como de planchas de cartón, además de acceder a mercados alternativos. Por otro lado, con la planta Mauripack, SARL, la empresa produce igualmente cajas de cartón y otros productos de cartón corrugado.
El presidente de COFIDES, Salvador Marín, ha destacado la apuesta de la empresa por la internacionalización, al tiempo que ha resaltado la importancia de la inversión en el exterior para contribuir al desarrollo de los países de destino.
El director general de Klingele Embalajes Canarias, Martín Tabares de Nava, ha mostrado su agradecimiento por la confianza depositada en el proyecto, que se corresponde con un posicionamiento estratégico de la compañía en un mercado considerado como de alto potencial para sus productos.
Klingele es una empresa fundada en 1953 dedicada a la fabricación de planchas, envases y embalajes de cartón ondulado, cuya producción está destinada al sector agroalimentario y a los sectores industriales. Está presente en el mercado mauritano desde los años 80, cuando comienza a exportar sus productos, y posteriormente adquiere una participación minoritaria en una planta de manipuladora de planchas de cartón ondulado. Actualmente cuenta con 60 empleados en España y su gestión se lleva de manera independiente desde España.
Klingele posee una planta productiva de 29.000 m2 ubicada en el Puerto de Santa Cruz, lo que le concede ventajas logísticas para la importación del papel necesario en su proceso productivo y la exportación hacia otros mercados. La empresa produce para el mercado de las Islas Canarias y exporta parte de su producción a países africanos cercanos como Mauritania, Senegal, Mali o Costa de Marfil. En 2017 el 80% de las ventas se realizaron para el mercado nacional, si bien la empresa aspira a que el porcentaje de facturación destinado al mercado exterior se incremente.
UN PAÍS ABIERTO A LA INVERSIÓN
Según el último informe económico y comercial elaborado por ICEX, los principales mercados globales de exportación para Mauritania son China, Suiza, Italia y España. Las exportaciones a España ascendieron a 179 MM EUR en 2015, siendo el primer cliente de la UE con un 37% del total.
Translation - English Madrid, 15th of March 2018.- COFIDES will support the strengthening of Klingele Embajales Canarias, S.A. in Mauritania. They will contribute 500,000 euros of their own resources through a co-investment tool.
With this figure the company will finance the acquisition of 45% of two corrugated cardboard packaging and container production companies, MPE and Mauripack. It already has a 55% share of these two companies. In so doing, Klingele Embajales Canarias will take control of both companies upon acquiring the shares of their local partner. Together with the support of the promoter, the total investment for the project will rise to 2.7 million euros.
The acquisition of MPE allows Klingele to obtain synergies with activity in the Canary Islands. This is because the sheets manufactured in the Canary Islands production centre are the main materials for manufacturing boxes and packaging at MPE. This gives them the opportunity to increase sales of both the final product and the cardboard sheets, while also gaining access to alternative markets. In addition, with the Mauripack, SARL plant, the company will also produce cardboard boxes and other corrugated cardboard products.
The chairman of COFIDES, Salvador Marín, has underlined the company’s commitment to internationalisation, and noted the importance of foreign investment in contributing to the development of the destination countries.
The managing director of Klingele Embajales Canarias, Martín Tabares de Nava, has expressed his gratitude for the confidence placed in the project, which is in line with the company’s strategic positioning in a market considered to have high potential for their products.
Klingele was founded in 1953 and focuses on manufacturing corrugated cardboard sheets, containers, and packaging for the agri-food and industrial sectors. It has had a presence in the Mauritanian market since the 1980s, when it started exporting its products, and subsequently acquired a minority share in a plant which makes sheets of corrugated cardboard. It currently has 60 employees in Spain and is managed independently from Spain.
Klingele has a 29,000 m2 production plant in Puerto de Santa Cruz, which gives strategic advantages for importing the paper needed for their production process, and for exporting to other markets. The company produces for the Canary Islands market and exports part of their production to nearby African countries such as Mauritania, Senegal, Mali and Ivory Coast. In 2017, 80% of sales were made in the domestic market, although the company aims to increase the percentage of revenue coming from foreign markets.
A COUNTRY OPEN TO INVESTMENT
According to the latest economic and trade report by ICEX, the main exporting partners for Mauritania are China, Switzerland, Italy and Spain. Exports to Spain rose to 179 million euros in 2015, making it the first EU member with 37% of the total.
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Translation education
Master's degree - University of Birmingham
Experience
Years of experience: 8. Registered at ProZ.com: Apr 2018.
Spanish to English (University of Liverpool) Spanish to English (University of Birmingham, verified) German to English (University of Birmingham, verified) German to English (University of Liverpool)
I am a Spanish/German to English translator with 4 years of experience working primarily with business, legal, tourism and energy texts. I combine this professional experience with an MA in Translation Studies, so I know what to do, as well as how to do it and why I am doing it. I recently worked on a document to be presented to the Spanish government by a renewable energy NGO outlining their proposals for a sustainable energy future.
Keywords: Spanish, German, English, energy, business, legal, contracts, tourism, renewable energy, solar energy. See more.Spanish, German, English, energy, business, legal, contracts, tourism, renewable energy, solar energy, wind energy, localization, e-commerce, commerce. See less.
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