It was bought by a Private Equity Company called ProA Capital early this year (for 50 million €). This usually means layoffs and salary cuts for the workers
https://www.expansion.com/empresas/2023/12/20/658217fae5fdeaab578b45f4.html
https://www.webcapitalriesgo.com/proa-capital-acuerda-la-compra-del-fabricante-de-pintura-acrylicos-vallejo/
Please share this with your fellow hobbyists and comrades-in-paints.
#PaintingMiniatures