- The company, valued at 582 million euros, is going public at a price of 5.05 euros per share
- It is the second company to list on the main Spanish stock exchange this year and the sixth to join the BME markets in 2026
BME today welcomed TSK, the second company to join the Spanish stock exchange in 2026. The company’s admission to the main market was marked by a bell-ringing ceremony at the Madrid Stock Exchange, where Juan Flames, CEO of BME, joined Sabino García Vallina, president of TSK, Beatriz García Rico, executive vice president and Joaquín García Rico, CEO.
The company, which has begun trading under the ticker “TSK,” debuted at a price of 5.05 euros per share, implying a valuation of 582 million euros, which could reach 605 million euros if the greenshoe option outlined in the prospectus is exercised.
Joaquín García Rico, CEO of TSK, explained: “Today a new stage begins in TSK’s 40-year trajectory. The large oversubscription recorded in our Initial Public Offering of shares shows the success of the operation and, above all, the investors’ confidence in our project. It is a full recognition of our business model, and of the ability and dedication of the more than 1,500 people who make up TSK.”
TSK is a global company with 40 years of experience operating in more than 50 countries, offering strategic technology solutions for the energy transition, industrial decarbonization, digitalization, and the handling and transportation of critical minerals. These solutions reduce costs, increase productivity, save energy, minimize environmental impact, and improve working conditions across several industries.
Currently, TSK’s sales exceed 1 billion euros. The company has a workforce of more than 1,500 employees, most of whom are highly qualified engineers.
"We are delighted to mark TSK’s listing on the stock exchange with this bell-ringing ceremony and wish the company the best of luck in this new phase as a publicly traded company. With its listing, TSK sends a clear message that the advantages of being publicly traded—such as reputation, access to recurring financing, and greater visibility among domestic and international investors—remain even in contexts of geopolitical uncertainty,” said Juan Flames, CEO of BME.
With TSK, there are now six companies that have joined the BME markets in 2026, following the four companies that have joined BME’s growth markets since January.
You can view photos of the bell-ringing ceremony using this link and the stock profile on the BME website.
Read the full speech at this link