Aernnova acquires Embraer industrial plants in Évora, Portugal for $172 million
Embraer and Aernnova announced a strategic partnership where Aernnova acquires Embraer's Metálicas and Compósitos units in Évora, Portugal for $172 million, with a long-term supply agreement.
Productsmetallic and composite airframe structuresparts for wings, stabilizers
“The transaction contemplates the sale of all shares of company’s wholly owned subsidiaries to Aernnova for the reference price of US$ 172 million.”sec.gov
- 5 sources
- sec.govJan 12, 2022
- prnewswire.comEmbraer and Aernnova announce new strategic partnership in ÉvoraEmbraer S.A.Jan 12, 2022
- aeromorning.comEmbraer and Aernnova announce new strategic partnership in Évora - AeroMorningAeroMorning2023Jan 12, 2022
- flightglobal.comEmbraer to sell Portuguese manufacturing sites to Aernnova for $172m - FlightGlobalJon hemmerdingerJan 12, 2022
- janes.comEmbraer to sell two Portuguese plants to AernnovaJan 13, 2022
Summarized from public sources; check the original articles before acting on it.
ENDATA