Corporación Empresarial de Extremadura
Investment company (S.A.) jointly owned by Shareholder consortium: national business groups (41.55%), banks (30.81%), Junta de Extremadura (18.73%), Extremadura companies (8.91%)
Also known as CEX Capital, CEX, Corporación Empresarial de Extremadura S.A.
Badajoz investment company founded in 1992, owned mainly by Spanish corporates and banks plus the Junta de Extremadura (18.73%); takes growth stakes in companies operating in or from Extremadura.
Not the regional public agency Extremadura Avante or its SGEIC (separate profile); CEX is a majority privately owned investment company.
- HEADQUARTERS
- Badajoz, Spain
- FOUNDED
- 1992
- AUM
- —
- OUTSIDE CAPITAL
- —
- TEAM LISTED
- 2 people
FOCUS
- STAGES
- Growth
- ASSET MIX
- Private equityDirect investments
- GEOGRAPHY
- Spain
WHAT IT IS
Corporate VC. A corporation investing from its own balance sheet, usually with strategic goals.
ABOUT
Corporación Empresarial de Extremadura (CEX Capital) is an investment company for regional development set up in 1992. Its capital is held 41.55% by national business groups, 30.81% by banks, 18.73% by the regional government and 8.91% by Extremadura companies; shareholders include Iberdrola, Junta de Extremadura, Ibercaja, Unicaja, Banco Santander, CaixaBank, Telefónica, El Corte Inglés, Endesa and Corporación Financiera Alba. It takes minority or majority growth-capital stakes, usually for an indefinite period, in companies that operate in or from Extremadura, and says it has held more than 60 companies since inception. Recent deals include Enteco, Coveless Ingeniería and Brabura Grills (2025) and Plusquam Pharma (25%) and Huevos Guillén (2026).
INVESTMENT THESIS
Growth or replacement capital for companies operating in or from Extremadura with a defined business model and experienced promoters; minority or majority stakes, always as a reference shareholder, generally held indefinitely.
PORTFOLIO (10)
- Plusquam PharmaHealthTech · since 2026
- Huevos GuillénFood & Agriculture · since 2026
- Enteco ExtremaduraIndustrial & Manufacturing · since 2025
- Coveless IngenieríaIndustrial & Manufacturing
- Brabura GrillsConsumer & E-commerce · since 2025
- Deutz SpainIndustrial & Manufacturing
- Alter EnersunClimate & Energy
- VegenatFood & Agriculture
- Navidul ExtremaduraFood & Agriculture
- Green Fuel ExtremaduraClimate & Energy
TEAM
LINKS
FAQ
Corporación Empresarial de Extremadura is a corporate venture arm based in Badajoz, Spain, founded in 1992.
Yes. Corporación Empresarial de Extremadura invests directly in private companies.
Corporación Empresarial de Extremadura invests at Growth stage in Food & Agriculture, Industrial & Manufacturing, Climate & Energy, HealthTech and Consumer & E-commerce.
Key people at Corporación Empresarial de Extremadura include Agustín Delgado (Chairman (Presidente)) and Eduardo Rodríguez Quirós (Investment Director (Director de Inversiones)).
Corporación Empresarial de Extremadura's investments include Plusquam Pharma, Huevos Guillén, Enteco Extremadura, Coveless Ingeniería, Brabura Grills, Deutz Spain, Alter Enersun and Vegenat, among others.
The most recent publicly reported investment by Corporación Empresarial de Extremadura is Huevos Guillén (Ribera del Fresno free-range egg farm project) (Equity stake), announced in Jun 2026.