J&F, From the Batista Brothers, Buys Avibras Weapons Manufacturer
4 Articles
4 Articles
The group has concluded agreement to acquire 100% of the shares of the New AVB, Avibras Aeroco controller, missile manufacturer, rockets and defense systems
Joesley Batista went to Venezuela to request the resignation of Maduro, says agency The J&F, holding company of the brothers Joesley and Wesley Batista, bought 100% of Avibras, one of the main companies of the Brazilian defense industry. The acquisition will be carried out through Globe Investimentos, company used by the group in other investments. The operation involves the New AVB, structure created during the restructuring process of the comp…
J&F, of the brothers Joesley and Wesley Batista, succeeded in purchasing Avibras Aeroco Aerospatial Industry Ltda, one of the leading Brazilian manufacturers of weapons. The transaction will be carried out by Globe Investimentos S.A, a vehicle of the J&F group, which has already been used by the Batistas to hold participation in Usiminas. With the operation, Globe will be fully controlling the holding to which Avibras Aeroco belongs, the company…
Acquisition takes place in the midst of the judicial recovery of the company and seeks to preserve the national control and technological capacity of the company
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