# ProA Capital acquires 15% stake in aerospace manufacturer MASA

Spanish private equity firm ProA Capital acquired a 15% minority stake in Mecanizaciones Aeronáutica SA (MASA), a Rioja-based aerospace parts manufacturer. The deal does not involve management changes and aims to improve MASA's financial position.

- Type: Acquisition
- Announced: 2018-12-07
- Where: Agoncillo, La Rioja, Spain
- Status: completed
- Products: metal parts for aerospace
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ProA Capital](https://endata.com/companies/35962.md) (acquirer)
- [Mecanizaciones Aeronáutica SA](https://endata.com/companies/35963.md) (target)

## Sources

- [larioja.com](https://www.larioja.com/la-rioja/proa-capital-adquiere-20181207003007-ntvo.html), 2018-12-07: "La operación no implica cambios en la gestión ni en la directriz estratégica de la compañía."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.