Torrescamara expands horizons at 40 years old: from civil works to investing in housing and opting for concessions

VALENCIA. From executing small public works for municipalities in La Safor and Marina Alta to participating in large infrastructure projects in Spain and Latin America. This has been the journey of Torrescamara, a Valencian business group that started as a construction company, but four decades later has expanded its business areas until it is present in sectors such as railway logistics, heritage restoration and, more recently, residential development. A growth that has gone hand in hand with its international leap with a strong presence in countries like Colombia and the diversification of the business. Now, its roadmap involves continuing to grow, studying possible acquisitions and making its way into the infrastructure concessions business.

Its history begins in 1986 in Oliva, with its first contracts in civil works, mainly for local administrations in the Safor and Marina Alta regions, as well as the Alicante Provincial Council. However, its scope of action was progressively expanding. “After five years we moved to Valencia and the rest of the Valencian Community,” recalls the president of the group, Juan Cámara. Subsequently, the company made the leap to the national market, driven by greater specialization and the ability to bid for larger public contracts.

But the evolution of Torrescamara was not limited to gaining territorial presence. Over the years, the group expanded its activities by acquiring aggregate extraction and quarrying companies in the three Valencian provinces and entering new sectors. Thus, in 2007 he entered the rail freight logistics business with the company CSP Logitrena company specialized in rail freight transport and the provision of intermodal logistics solutions. Currently, its shareholders are headed by Coscowith a 51% participation, while the company maintains 31% and the remaining 12% corresponds to Railways of the Generalitat Valenciana (FGV).

Years later, in 2013, it incorporated the company specialized in the restoration of historical heritage into its structure. EMRwho has participated in interventions in monuments such as the churches of Santos Juanes and San Nicolás de València, as well as in the Sagrada Familia in Barcelona.

The 2008 financial crisis also marked a turning point in his career. Given the decline in construction activity in Spain, Torrescamara decided to look for opportunities abroad. “Before the crisis, we explored opportunities in Eastern Europe, in countries like Romania and Poland, although in the end we did not manage to establish ourselves in any of them. We were still too young. However, with the burst of the real estate bubble we realized that we needed to leave Spain to continue working, so we oriented our expansion towards Latin America,” explains Cámara.

After exploring different markets, the company ended up consolidating its presence in Colombia, where it opened a branch in 2011. Currently, the Latin American country constitutes its main international market, with urban infrastructure and sanitation work. Among his projects stands out a performance in Bogotá of about 64 million euros linked to the Urban Development Institute.

New businesses to continue growing

Four decades after its founding, construction continues to be the group’s main driving force. In 2025, civil works represented 81.2% of construction activity, compared to 18.3% for construction. Furthermore, public procurement continues to concentrate the bulk of its business, with a weight of 86.3%. Added to this is its railway activity, through CSP Logitren, which has a turnover between 13 and 14 million euros and is incorporating electric locomotives to reduce its energy costs.

However, the company wants to expand its business to other segments and explore new business opportunities. In this sense, the group does not rule out growth through acquisitions. So much so that they are currently studying possible purchases of companies in the national market, although at the moment there is no concrete operation. “We want to be a construction company that goes beyond laying brick,” highlights Cámara.

Among its new bets is the business of infrastructure concessions, a market in which Torrescamara wants to position itself against the projects that different administrations are preparing. In the Valencian Community, the company follows with interest the future concession model of the CV-95, while also analyzing opportunities in Castilla-La Mancha and Extremadura.

Another of its bets is residential development. The group participates as an investment and construction partner in two housing developments together with local investors, through companies created specifically to develop these projects. A formula that aims to promote in the coming years given the need to increase residential supply.

“The world of real estate development has changed a lot: it has gone from being carried out mainly by local agents to having an increasing presence of investment funds. We have seen an opportunity to accompany investors, create joint vehicles, participate in companies and take charge of the development and construction of the promotions. In addition, there is a significant need for housing in the market, which opens up opportunities to continue growing in this activity,” says the president of the group.

With these new lines of business, Torrescamara seeks to consolidate its growth and continue increasing its volume of activity. In fact, the construction division, which closed 2025 with a turnover of 80 million euros, plans to reach 100 million this year. And its objectives go further: the strategic plan approved in 2025 contemplates reaching sustainable sales of 125 million euros in 2029, with a profitability of 2.5%. A roadmap with which the group faces its next stage after four decades of experience, with its sights set on new challenges.