David Álvarez, president of Eulen
Photo via: El País

Global corporate service provider Eulen seems to have watched the latest art market boom with a keen eye. So much so that the Spanish giant is jumping on the bandwagon and launching a full-fledged arts division, El País reports.

Already the go-to company for museums and art spaces looking to hire cleaning, maintenance, and private security services, Eulen Art now offers cataloguing, inventory, and valuation services, as well as handling, installation, shipping, and restoration solutions, and even a legal and tax consultancy. In short: a complete toolkit for the arts sector. The new division has strong ambitions and hopes for a €10 million turnover within 3 years.

Carmen Olivié, director of the nascent department, has claimed that the company’s purpose is to fill a niche within an existing market: “Museums are already requesting external providers to fulfil specific services,” she told the Spanish newspaper. “But we are innovating in the sense that we now can offer integrated solutions. We are not only looking at museums, but also at art spaces, commercial galleries, and private collections.”

The division has been long in the making. Four years ago, Eulen launched an interpretation department in partnership with the Guggenheim Museum Bilbao. The success of this initiative quickly gained the company further contracts with other Spanish cultural venues such as the Fundación Atapuerca, and the cathedrals of Salamanca and Cuenca.

In January 2014, the company presented their business plan for the arts division, which, for now, is focused on finding clients in both Spain and Portugal. Eulen’s HR department is currently in the process of hiring, with an estimated 160 to 200 new posts up for grabs. “We are currently head hunting the best professionals from all the areas we cover,” Olivié told El País.