They all belong to subsidiaries owned “Compañía Española de Financiación al Desarrollo, Cofides, S.A.” holds a minority stake of 35% in a subsidiary that operates two plants in China, in which Gestamp holds the remaining 65%, and a minority stake of 31.05% in another subsidiary that operates a plant in China, in which Gestamp holds the remaining 68.95% stake and Gonvarri holds a 50% stake in a subsidiary that operates a plant in India in which Gestamp holds the remaining 50%.