In 2019, Xstreco initiated its journey under Swiss Aerosports, based in Switzerland, a key hub for commodity and mining businesses. The company initially focused on developing management frameworks and manuals for the aviation industry, known for its rigorous compliance requirements. This first year was crucial in establishing the foundation for Xstreco's sustainable operations.
In 2020, Xstreco embarked on a significant evolution, rebranding its Swiss Aerosports division to BD Group Swiss. This move broadened its service offerings beyond aviation and Switzerland. Concurrently, Xstreco established a collaborative relationship with a Spanish-based mining company that had been in operation for over four decades. This new cooperative venture, led by owner Nicolas Ehrminger and his management team, marked a strategic shift in Xstreco's direction and expanded its focus to include the mining of metals and minerals.
Following this rebranding and collaboration, Xstreco entered a period of vigorous integration and expansion. The company spent nearly a year updating its bylaws, bolstering compliance measures, and adopting modern, eco-friendly practices. This phase allowed Xstreco to leverage its management team's combined expertise, uncovering new growth and diversification opportunities. The company particularly aimed to strengthen its role in the mining sector, with an emphasis on South America.
In the subsequent years, Xstreco entered an expansion phase characterized by forming strategic alliances, increasing production capabilities, diversifying its product line, and extending its global reach. The company concurrently focused on enhancing safety, social, and environmental standards, and engaging with communities, including partnerships with indigenous populations.
Actively seeking new collaborations and reinforcing existing relationships, Xstreco ventured into new markets and established extensive mining operations through joint ventures and cooperative developments.