About us

Grupo Timón is one of the most stable and consolidated family offices in Spain. We are proud of our history but always looking towards the future. In the 21st Century, our sights are set firmly on innovation and growth as we seek to generate wealth, create value, and strengthen our portfolio.

As a company, Timón brings together multiple generations united by a common objective: to maximize returns for our stakeholders and partners through expertise, outstanding management, and long-term growth.

As a company, Timón brings together multiple generations united by a common objective: to maximize returns for our stakeholders and partners through expertise, outstanding management, and long-term growth.

Our History

The trajectory of Grupo Timón began in the 1950s with the partnership of two entrepreneurs, Jesús Polanco and Pancho Pérez González. They initially generated value in the publishing and textbook industry through the founding of the iconic Santillana publishing house, and, in the early years of democracy, in communications media via the founding of El País, one of Spain’s major newspapers, playing a crucial role in the transition to democracy and the consolidation of the free press.

Imagen de la sede histórica y actual del Grupo Timón.

Structured as a family office, but managed by business professionals, the company began to diversify its investments throughout the 1980s and 1990s, incorporating premium assets, principally in the hotel and real estate sectors. While Grupo Timón retains holdings in various communications media, it is no longer involved in their direct management.

Structured as a family office, but managed by business professionals, the company began to diversify its investments throughout the 1980s and 1990s, incorporating premium assets, principally in the hotel and real estate sectors. While Grupo Timón retains holdings in various communications media, it is no longer involved in their direct management.

The commitment, direct involvement, and long-term vision of the founders of Grupo Timón have been imprinted onto subsequent generations of the Polanco and Pérez Arauna families. They have assumed the legacy of their founders, creating a family office that remains relevant, diversified, and able to adapt to the times.

Today, our investment activity spans sectors that include, among others, infrastructure, real estate, healthcare, renewable energy, and tourism.