La Farga restructures trading companies

La Farga, a Spanish copper recycling company, plans to restructure its corporate organization this month, according to a company news release. The restructure will involve the merger of the metallurgy group’s trading companies into a single company—La Farga YourCopperSolutions S.A. 

According to a company news release, La Farga is restructuring the industrial companies of the family-run business with the goal of strengthening its positioning and simplifying its operational structure.

La Farga says the following companies will be merged into La Farga YourCopperSolutions S.A.: Corporacion Metalurgica Catalana, La Farga Lacambra, La Farga Tub, La Farga Rod, La Farga Tertub AIE, Hidroelectrica del Voltrega, La Farga Intec and Metalurgica Catalana. 

The new structure does not involve any changes in terms of production since La Farga plans to continue to manufacture the same products, according to a company news release. 

Inka Guixà, chief executive of La Farga, says the merger will allow the company’s operational functioning to be more agile.

“The newly merged group will facilitate better brand positioning, along with the adaptation of the business structure to current times,” Guixà says. “As far as its customers and agents are concerned, La Farga will remain faithful to its policy of transparency and constant effort in its efficient work methodology.”