# Aernnova acquires Embraer Metálicas and Embraer Compósitos in Évora

Aernnova completed the acquisition of all shares of Embraer Metálicas and Embraer Compósitos in Évora, Portugal, for approximately US$174 million, making the units Aernnova's largest production centers.

- Type: Acquisition
- Announced: 2022-05-02
- Where: Évora, Portugal, Portugal
- Value: $174.0M
- Jobs: 500
- Status: completed
- Products: aerostructures, wing components, stabilizers
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Embraer](https://endata.com/companies/23129.md) (target)
- [Aernnova](https://endata.com/companies/42535.md) (acquirer)

## Sources

- [aviator.aero](https://aviator.aero/press/embraer-and-aernnova-conclude-strategic-partnership-agreement-in-vora), 2022-05-03: "Aernnova now owns all shares of Embraer Metálicas and Embraer Compósitos, in an investment totaling approximately US$ 174 million."
- [avitrader.com](https://avitrader.com/2022/05/03/embraer-and-aernnova-conclude-strategic-partnership-agreement-in-evora/), 2022-05-03: "Aernnova now owns all shares of Embraer Metálicas and Embraer Compósitos, in an investment totalling approximately US$174 million."
- [edrmagazine.eu](https://www.edrmagazine.eu/%E2%96%BA-embraer-and-aernnova-conclude-strategic-partnership-agreement-in-evora), 2022-05-03: "Aernnova now owns all shares of Embraer Metálicas and Embraer Compósitos, in an investment totaling approximately US$ 174 million."
- [aviationpros.com](https://www.aviationpros.com/aircraft-maintenance-technology/aircraft-technology/business-general-aviation/press-release/21266370/embraer-embraer-and-aernnova-conclude-strategic-partnership-agreement-in-evora), 2022-05-03: "Embraer and Aernnova concluded today the strategic partnership agreement announced in early 2022."
- [aeromorning.com](https://aeromorning.com/en/embraer-and-aernnova-conclude-strategic-partnership-agreement-in-evora/), 2022-05-03: "Embraer and Aernnova concluded today the strategic partnership agreement announced in early 2022."
- [asianaviation.com](https://asianaviation.com/posts/embraer-and-aernnova-conclude-evora-deal), 2022-05-03: "Embraer and Aernnova announced they have concluded a strategic partnership agreement announced in early 2022 in which Aernnova now owns all shares of Embraer Metálicas and Embraer Compósitos in an investment totalling approximately US$174 million."

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