The investment fund manager Magallanes Value Investors has announced its acquisition of a stake in Ebro EV Motors, the company that manufactures cars under the Ebro brand. at the former Nissan plant in the Barcelona Free Trade ZoneAccording to a statement released by the automaker on Thursday, the transaction involves Magallanes acquiring a 3.24% stake in the company's share capital. This stake comes from the founding partners, who facilitated the transaction in proportion to their existing holdings with the strategic objective of bringing in a leading institutional investor. The statement says that Magallanes' entry represents a fundamental milestone for Ebro and supports the company's strategic plan. Furthermore, its arrival coincides with a key operational moment for the company. after the announcement of the first quarter with positive EBITDA (earnings before interest, taxes, depreciation, and amortization). and the progress in the production capacity of the Barcelona Free Trade Zone plant.