# Montana Aerospace signs agreement to acquire São Marco in Brazil

Montana Aerospace has signed an agreement to acquire 100% of São Marco Industria y Comercio LTDA, a Brazilian manufacturer of magnet wire and copper upcasting with annual sales of approximately EUR 70 million.

- Type: Acquisition
- Announced: 2021-11-29
- Where: Brazil
- Status: announced
- Products: magnet wire, copper upcasting, electro-insulating varnishes, resins, lubricants
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Montana Aerospace](https://endata.com/companies/54810.md) (acquirer)
- [São Marco Industria y Comercio](https://endata.com/companies/59280.md) (target)

## Sources

- [montana-aerospace.com](https://www.montana-aerospace.com/en/presse-meldungen/montana-aerospace-signs-agreement-to-acquire-sao-marco/), 2021-11-29: "Montana Aerospace AG today announces the signing of the acquisition of 100% of the shares of São Marco Industria y Comercio LTDA in Brazil to strengthen its Energy and E-Mobility sector."
- [montana-aerospace.com](https://www.montana-aerospace.com/presse-meldungen/montana-aerospace-signs-agreement-to-acquire-sao-marco/), 2021-11-29: "Montana Aerospace AG today announces the signing of the acquisition of 100% of the shares of São Marco Industria y Comercio LTDA in Brazil to strengthen its Energy and E-Mobility sector."

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