More recent history
Ever since its foundation, IES has been a very dynamic company capable of anticipating changes in the environment to lead its market segments. The globalization of markets and the presence of competitors from emerging countries with low production costs has forced IES to seek new business opportunities with greater technological and added value content.
As a result of this situation it has implemented a new strategy to promote the heat engineering area and offer the market heating solutions for big industrial processes in the energy, petrochemical, railway and shipbuilding sectors, etc.
In 2002 the Soler family acquired Aquecind Lda., with great experience in the industrial heating and safety sectors as IES distributor in Portugal since 1989.
In 2005, and after a redistribution of the ownership of the company within the Soler family, Joan Ignasi Soler, the founder’s grandson, with long experience in IES’s sales and production departments, became the new managing director.
In 2007, TCX Soluciones Integrales S.L., a company devoted to machining sheet metal, was set up, equipped with latest-generation machinery, such as digitally-controlled punches, chisels, folding machines, etc. This new company integrated a strategic supplier into the group.
At the beginning of 2009 and as a result of the implementation of a new market and product line diversification strategy, two new product lines – AUTO and EVACUATION – were created with the aim of providing the safety division with a wide range of emergency beacon solutions.
To achieve this, new distribution agreements were signed with the companies Sirena (Italy), Whelen (USA) and Woodway (United Kingdom) for the AUTO line and with Hörmann (Germany) for the EVACUATION line. All these companies are market leaders in their business areas.
Following a strategy of improving efficiency, reducing internal cost and simplifying decision process, in December 31st 2016, Comercial Soler is absorbed by Industrias Electricas Soler, becoming a unified company.