COFIDES will support the expansion project in Sweden of CPS, a technical consultancy specialized in infrastructure, mobility, and the environment, through a co-investment loan backed by the Fund for Investment Operations for Small and Medium-Sized Enterprises (FONPYME).
With this transaction, CPS strengthens its internationalization strategy and takes its first steps into the Swedish market, where it already has initial contracts with public administrations and now a subsidiary in Gothenburg, reflecting its commitment to a market with strong potential, supported by the National Transport Infrastructure Plan 2022–2033, which foresees a historic investment of SEK 876 billion.
The company has over 15 years of international experience, with a strong focus on projects in Latin America and North Africa.
Miguel Ángel Ladero, Director of the Investment Department at COFIDES, stated that “this transaction will not only help accelerate CPS’s internationalization process, but also generate additional impacts in terms of innovation, sustainability, and competitiveness in the Spanish engineering sector by supporting a SME that has strongly committed to R&D&I and environmental aspects to address urban challenges, sustainable transport, and energy efficiency.”
Gonzalo López Beltrán, CEO of CPS, said that “the Swedish market represents a strategic opportunity for CPS. Sweden leads Europe in its commitment to sustainable mobility and intelligent transport systems, and it is precisely in this field where our expertise is strongest. For more than three decades, we have been developing solutions that combine technical rigor, innovation, and sustainability, and we are convinced that we can bring real value to such a demanding and advanced market as Sweden.”
“This transaction is much more than the opening of an office. It is the result of years of international work and of building a company capable of competing in the most demanding environments. We enter Sweden with a consolidated team and strong capacity to add value to the Swedish market. Thanks to the support of institutions such as COFIDES, we are able to face this growth challenge on a solid foundation and, from there, expand into the broader Nordic region.”
ABOUT CPS
CPS Infraestructuras, Movilidad y Medio Ambiente is a Spanish engineering consultancy with more than 35 years of experience and a team of over 260 professionals, specialized in civil engineering, transport, mobility, and road safety projects. The company primarily works for national public administrations such as the Spanish Directorate-General for Traffic (DGT) and the Ministry of Transport and Sustainable Mobility (MITMS), as well as international entities such as the Inter-American Development Bank and public administrations in countries including Algeria, Peru, Colombia, and Mexico.
Its technical capabilities combine advanced modelling, Big Data technologies, and specialized services, complemented by active participation in European cooperative ITS projects and data space initiatives. This approach reflects the company’s innovative culture and research-driven vocation, reinforced by the creation of a joint Chair with the Transport Research Centre (TRANSyT) at the Technical University of Madrid.
With headquarters in Valencia and offices in Madrid, Seville, Zaragoza, Pamplona, Alicante, and Palma de Mallorca, CPS has carried out projects in more than 15 countries and is now strengthening its European footprint with the opening of its subsidiary in Gothenburg, Sweden.
ABOUT COFIDES
COFIDES is a state-owned company that manages public financial funds, as well as its own resources and those of third-party institutions, with different objectives: the internationalization of the Spanish economy, the attraction of foreign investment into strategic sectors in Spain, the promotion of impact investing in Spain, and contributing to the development of the countries in which it invests. Its shareholders include, in addition to the State (which holds a majority stake), Banco Santander, Banco Bilbao Vizcaya Argentaria (BBVA), Banco Sabadell, and CAF–Development Bank of Latin America.