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Family HoldingInvests its own capital directly in companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 17 SOURCES

Also known as Grupo Tekpolio, TEKPOLIO, SL

Bilbao family industrial and technology group of the Delclaux family: 10 companies in metal parts, packaging, IT, training, glass and car leasing, plus fund and minority stakes.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family & background

FAMILY
Delclaux (Delclaux-Lezama Leguizamón branch)
WEALTH ORIGIN
Glass and industry (family linked to Vidrala)
HEADQUARTERS
Bilbao, Spain

Investment approach

GEOGRAPHY
Spain
ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Direct investmentsPrivate equityVenture capitalFunds (as LP)Public equities

Overview

Tekpolio is a family industrial and technology group in Bilbao that buys and holds companies, often in shareholder-succession situations, under a decentralised management model. It reports 10 companies, more than €150M in turnover and 837 employees, in metal transformation (Onatrium Industries), flexible packaging (El Carmen Packaging), technology engineering (Grupo Irontec), tech training (Brain and Code), flat glass (Cristal Norte) and vehicle leasing (Renting Broker). Alongside this it invests in renewable energy and social infrastructure projects, third-party PE and VC funds, VC rounds and minority stakes in listed companies. Press describes it as the family office of Manuel and Guillermo Delclaux-Lezama Leguizamón.

Investment thesis

Provides a stable environment and strategic and financial support to its companies with a long-term view, reinvesting profits; positions itself as a partner for companies that need a change of shareholder. Financial investments (funds, VC rounds, minority and listed stakes) are complementary to the main strategy.

Holdings & investments (11)

  • Onatrium IndustriesNOTABLE
    Industrial & Manufacturing
  • Grupo IrontecNOTABLE
    Software & SaaS · Acquired 100%
  • Cristal Norte
    Industrial & Manufacturing · since 2025
  • Microdeco, part of Onatrium
    Industrial & Manufacturing · since 2024
  • Deale
    Fintech · since 2022 · Exited 2026
  • Decoletaje y Fijación (DyF), part of Onatrium
    Industrial & Manufacturing
  • El Carmen Packaging
    Industrial & Manufacturing
  • Linube (add-on via Irontec)
    Software & SaaS · Acquired 100% by Irontec
  • Brain and Code
    Education
  • Renting Broker
    Mobility & Logistics
  • H2B2 (minority stake)
    Climate & Energy

People

  • Manuel Delclaux-Lezama Leguizamón
    Owner (family shareholder) · source
  • Guillermo Delclaux-Lezama Leguizamón
    Owner (family shareholder) · source

Frequently asked questions

Tekpolio is a family holding based in Bilbao, Spain.

Tekpolio invests on behalf of the Delclaux (Delclaux-Lezama Leguizamón branch) family (Glass and industry (family linked to Vidrala)).

Tekpolio invests directly and through funds. Capital origin: the family's own capital. Stated strategies include direct investments, private equity, venture capital, funds (as lp) and public equities.

Tekpolio invests in Industrial & Manufacturing, Software & SaaS, Education, Mobility & Logistics and Climate & Energy.

Key people at Tekpolio include Manuel Delclaux-Lezama Leguizamón (Owner (family shareholder)) and Guillermo Delclaux-Lezama Leguizamón (Owner (family shareholder)).

Tekpolio's disclosed holdings and investments include Onatrium Industries, Grupo Irontec, Decoletaje y Fijación (DyF), part of Onatrium, Microdeco, part of Onatrium, El Carmen Packaging, Linube (add-on via Irontec), Brain and Code and Cristal Norte, among others.

The most recent publicly reported investment by Tekpolio is Cristal Norte (Acquisition (100%)), announced in Nov 2025.