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Fundación Vital Backs €480 Million Ayesa IT Deal, Shifting Basque Control Toward Bizkaia and Álava

The shift concentrates influence in Bizkaia and Álava, leaving the company's legal seat unresolved.

Overview

  • Fundación Vital’s board approved a €10 million commitment to join the public‑private consortium buying Ayesa’s technology division.
  • The Basque group—Kutxabank through Indar Kartera, BBK, the Basque Government via Finkatuz, Teknei, and now Vital—closed the €480 million purchase on December 31.
  • The new shareholder mix tilts territorial influence away from Gipuzkoa, with Kutxa Fundazioa the lone institutional holdout after voting against the deal.
  • The location of Ayesa Digital’s headquarters remains undecided as Cebek president Guillermo Buces urged moving the seat from Miramón to Bizkaia.
  • Political concern has surfaced in Gipuzkoa, with the PSE warning about potential impacts as stakeholders weigh the future base of a firm employing about 2,000 people in Euskadi and reporting €570 million in turnover.