Mirai Investments, the business investment and development project specializing in SMEs and led by José Antonio Jainaga, also president of Sidenor and Talgo, has announced the acquisition of two companies linked to the environmental and circular economy sectors: Excavaciones Mendiola, located in Jundiz, and Afesa Medio Ambiente, headquartered in Derio with a work center in Lantarón.
These two new acquisitions allow Mirai to enter a new area of activity: environmental services and circular economy for heavy industry, the energy sector, and construction. The company aims to become a benchmark in this field, reaching a turnover of approximately 100 million euros by 2026 and employing around 300 people.
Excavaciones Mendiola, based in the Jundiz industrial estate, specializes in excavation, earthmoving, and the management of construction and demolition waste. The company has a workforce of 95 people and generated 14 million euros in revenue in 2025. It operates primarily in the Basque Country and neighboring regions, participating in major projects such as those related to the High-Speed Train (TAV) in Burgos and the Basque Country.
For its part, Afesa is involved in demolitions, waste management, and soil treatment. In 2025, its turnover was 65 million euros, and it has a team of 190 people. Afesa Medio Ambiente's headquarters are in Derio, with additional work centers in Lantarón and Valladolid. It operates throughout the Iberian Peninsula and islands, undertaking emblematic projects such as the ongoing dismantling of the coal-fired power plant in Sines, Portugal.
“"The combination of both companies responds to clear complementarity. This allows offering an integral service throughout the entire cycle of industrial, energy, and construction projects, across the peninsula and islands, in a market driven by increasing environmental demands and the transition to a circular economy."
Mirai currently has three divisions: Ohmnia for electronics, Innometal for metals, and Labery for cosmetics, as well as investments in sectors like health and fashion.
As Jainaga announced in February, "we have acquired 25 companies, mostly in the Basque Country, and 6 of them in Álava." In June 2025, the Basque Government – through the Vasco de Finanzas Institute –, Fundación Vital, and the family office of Irene Carmen Lequerica invested in the industrial groups Innometal and Ohmnia Electronics of Mirai Investments, leading to the relocation of both companies' registered offices to Álava in July 2025.
