Almería accounts for most of the area of crops protected by plastic covers in Andalusia. Ibacplast is a company that has been recycling plastic greenhouse covers from the Autonomous Community of Andalusia since 1986. Although its market is centred on the provinces of Almería, Seville and Huelva, it also accepts waste from the rest of Spain and Europe.
The company entrusted Gesvalt with the development of a business valuation report for internal use as a management support tool. As a leading independent consulting and valuation company, Gesvalt has teams specialising in consulting and valuation for the industrial sector.
Valuation of companies in the industrial sector
Assessment process. Our Corporate Advisory Services team provided valuable information based on a widely used methodology and an objective valuation process. It had access to comprehensive and timely information thanks to the good rapport and communication between Ibacplast and Gesvalt representatives, key factors in building trust and contributing to the success of the project.
In the company valuation Numerous factors come into play. Financial factors, such as future profitability and physical assets, are important, but so are other aspects of a intangible such as the current economic climate, brand reputation, and competitors.
Protected Agriculture
For the development of modern and competitive agriculture and/or horticulture, crop protection has become a real necessity. The coastline of Eastern Andalusia is home to the main protected horticultural production area in the autonomous community of Andalusia.
The objective of this protection system is to obtain high value-added production. Among the benefits, we can mention the protection of crops from low temperatures, the reduction of damage caused by pests and predators, the decrease in water requirements, and the possibility of producing out of season, to name just a few.
Ibacplast It is located in an ideal setting, in an area where most of the agricultural production takes place under plastic cover, with more than 31,000 hectares of greenhouses in the province of Almería generating around 40 million kilograms of agricultural plastic waste per year. The recycled materials generated by Ibacplast's activity cover sectors such as the manufacture of irrigation pipes, plastics for silage, plastics for packaging, and rubbish bags, among others.