The Betanzos HB plant was built in 1975 by the Tafisa Group under the name Tradema for the production of high-density fiberboards using a wet process. In 1993, it was acquired by the Sonae Industria Group, which renamed the plant Tafiber in 1997.

Betanzos HB began its fiberboard production activities in May 2015 after acquiring the industrial assets previously owned by Sonae in the town of Infesta.