# 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.

- Type: Acquisition
- Announced: 2017-05-10
- Where: Indaiatuba, Brazil
- Status: announced
- Products: sinter components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mahle](https://endata.com/companies/701.md) (partner)
- [Miba AG](https://endata.com/companies/1421.md) (acquirer)
- [Mahle Metal Leve Miba Sinterizados](https://endata.com/companies/1422.md) (target)

## Sources

- [miba.com](https://www.miba.com/en/news/article/miba-to-acquire-full-ownership-of-joint-venture-in-brazil), 2017-05-10: "Miba AG will acquire full ownership of Brazilian sinter component manufacturer Mahle Metal Leve Miba Sinterizados (MMLMS) as of June 30, 2017."

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