Aernnova Aerospace to buy Embraer’s Portuguese subsidiaries
Spain-based Aernnova Aerospace (Aernnova), an international reference company in the supply of aerostructures, has agreed to purchase Embraer’s Portugal-based subsidiaries Embraer Metálicas and Embraer Compósitos industrial units located on the Évora Aeronautical Industry Park for US$172 million (£125.5 million), subject to adjustments on the closing date. The two enterprises, which extend over 37,100 and 31,800 …
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