Published:
Embraer-Empresa Brasileira de Aeronautica S.A. Market Announcement
SAO JOSE DOS CAMPOS,Brazil, July 3 /PRNewswire-FirstCall/ -- Embraer
confirms the acquisition of the remaining 40% of the capital of ELEB --
Embraer Liebherr Equipamentos do Brasil S.A., belonging to Liebherr Aerospace
S.A.S., thus concluding the deal announced on December 21, 2007.
Therefore, Embraer now holds all of the shares issued by ELEB, whose
company name will be changed to ELEB Equipamentos S.A., so as to reflect the
new corporate structure.
ELEB was founded in 1999, and develops and manufactures aircraft landing
gear, hydraulic components, and precision equipment, with 18,710 square meters
of constructed facilities and approximately 750 employees. The company's
corporate headquarters are in Sao Jose dos Campos, in outstateSao Paulo,
where its operations will continue without alteration.
Antonio Luiz Pizarro Manso
Executive Vice-President & CFO
SOURCE Embraer-Empresa Brasileira de Aeronautica S.A.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: Aviation and Airlines, , Aerospace and defense, Banking and Finance
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