Vergara, the Vitoria-Gasteiz-based SME industrial fund, has acquired Saga, a Galician company that designs, manufactures and installs storage systems for different industries and specializes in the retail sector. Vergara’s investment will provide Saga with the necessary resources to allow it to continue its successful history.

Ricardo Tormo, founder of Saga and who will continue to be involved in the management of the company, considers that “it is the natural step at a generational level to be able to continue providing the best service and ensure that Saga continues to be a long-term benchmark provider for your customers.”

For his part, Diego Balmaseda, Vergara’s partner, stated that “we are very happy to be able to partner with Ricardo Tormo, a benchmark in the industry, who will continue to add great value to the project. In a stable and resilient market, Saga has seen very significant growth in recent years.”

About Saga

Saga is a company based in La Coruña with 35 years of experience offering turnkey services through the design, manufacture and installation of storage systems, structures, enclosures and furniture to optimize spaces, processes and access times. Saga is a well-known company in the sector that exports more than 60%, carrying out projects all over the world.

About Vergara.

Vergara is an industrial fund led by Miguel García-Nieto and Diego Balmaseda, based in Vitoria-Gasteiz, whose main holdings are Gamarra, one of the largest national producers of molded steel parts specializing in braking systems for trains, and Alumipres, a manufacturer of high-precision aluminum parts used in various sectors, especially the automobile and construction sectors.