Barça B was originally founded on 1 August 1934, as "Societat Esportiva Industrial Espanya". It was owned by a textile company of the same name. In 1945, the company agreed with FC Barcelona to make the club Barça's reserve team. They were promoted to La Liga in 1953, but decided to stay in Segunda División. In 1956, they won promotion again, and since teams with names of companies were not allowed, they changed their name to CD Condal.