Cavada sets goal of building a "technology multinational" from Cantabria within 10 years
The Santander-born businessman Cavada, owner of Navalips since 2021, has set himself the goal of turning his Cantabrian industrial group into a "technology multinational" within no more than 10 years. The plant, which had 45 employees when he bought it, has more than doubled its revenue and increased its workforce by more than 50%. The group expects to exceed 100 employees at Navalips between 2027 and 2028 and to enter Latin America this month with the creation of a company.
In 40 seconds
- Cavada aims to turn his group into a "technology multinational" from Cantabria within a maximum of 10 years
- Navalips has more than doubled its revenue and raised its workforce by more than 50% since the 2021 purchase
- Dependence on Wärtsilä fell from 100% to 50% after the three-year exclusivity ended
Read the full story at El Diario Montañés
IASummary generated by artificial intelligence from a story by El Diario Montañés. It may contain errors: the original source prevails.
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