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Miba to acquire full ownership of Brazilian sinter maker MMLMS · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

May 10, 2017ACQUISITIONIndaiatuba, Brazil

Miba to acquire full ownership of Brazilian sinter maker MMLMS

Austrian technology group Miba AG will raise its stake in Brazilian sinter component maker Mahle Metal Leve Miba Sinterizados from 40 to 100 percent as of 30 June 2017. The company will be renamed Miba Sinter Brasil and operates a site in Indaiatuba near São Paulo.

Status

Announced

Productssinter components

CompaniesMahle partner Miba AG acquirer Mahle Metal Leve Miba Sinterizados target

Sectors#Automotive Components

“Miba AG will acquire full ownership of Brazilian sinter component manufacturer Mahle Metal Leve Miba Sinterizados (MMLMS) as of June 30, 2017.”miba.com

1 source
miba.comMiba: Miba to acquire full ownership of joint venture in BrazilMay 10, 2017

Summarized from public sources; check the original articles before acting on it.

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