# Master Sistemas Automotivos acquires Metalúrgica Ferrari

Master Sistemas Automotivos (Freios Master) acquired die casting enterprise Ferrari Indústria Metalúrgica Ltda for BRL 14 million (USD 2.8 million). The deal was finalized in February 2020.

- Type: Acquisition
- Announced: 2020-02-01
- Where: Flores da Cunha, Serra Gaúcha, Brazil
- Value: $2.80M (14.0M BRL)
- Status: completed
- Products: cast and forged aluminium components, brake systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Master Sistemas Automotivos Ltda](https://endata.com/companies/46269.md) (acquirer)
- [Ferrari Indústria Metalúrgica Ltda](https://endata.com/companies/46270.md) (target)

## Sources

- [truckandbusbuilder.com](https://truckandbusbuilder.com/article/2020/04/01/master-concludes-purchase-of-metalurgica-ferrari), 2020-04-01: "Metalúrgica Ferrari will supply aluminium components for Master’s internal use as the parent company and for the current customers of Metalúrgica Ferrari."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.