Premo sign an agreement with Banco Santander

Premo Group has signed an agreement with Banco Santander-Fondo Advance.

Premo Group has signed an agreement with Banco Santander-Fondo Advance, to finance our organic growth -Investments on R&D, Manufacturing assets-, as well as potential non-organic growth according our strategic plans. The agreement covers investments in the 2016-2018 period and permit to Premo to get long term financing until 7 years and a maximum amount of 8 million euros.      

This agreement together with other potential agreements will permit Premo Group to keep our technological leadership in our main business areas.

About Us

PREMO is a Spain-based company engaged in the development, manufacture, and sale of electronic components with special focus on the growing market of H&EV, and market segments including automotive, telecommunications, and industrial electronics.

Our product portfolio includes RFID antennas (worldwide leader), power transformers, inductors & chokes, current sensors, EMC filters, and PLC components. In addition to our broad range of standard components, off-the-shelf products, PREMO also designs custom solutions to fit customer requirements, based on the latest technologies to help your systems be more efficient.

800 employees at over 7 design and production locations and an extensive sales network let PREMO have a global presence to meet country specific needs.

54 years being a preferred supplier because of our strong commitment to business excellence, engineering support, reliable delivery and the quality of our products.