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Agency / Source: Empresa Brasileira de Aeronáutica S.A.

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Embraer Defense & Security Acquires Remaining 50% of Atech's Shares - Embraer Defense & Security signed a contract to acquire the remaining 50% of Atech Negócios em Tecnologia S.A. shares, as part of its acquisition strategy - Embraer.com
Embraer Defense & Security Acquires Remaining 50% of Atech's Shares

 

PRZOOM - /newswire/ - São Paulo, Brazil, 2013/09/24 - Embraer Defense & Security signed a contract to acquire the remaining 50% of Atech Negócios em Tecnologia S.A. shares, as part of its acquisition strategy - Embraer.com. NYSE: ERJ; Bovespa: EMBR3

   
 
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Since the Company had already acquired 50% of Atech, in April 2011, it now becomes the only shareholder of Atech.

The conclusion of the deal is subject to meeting certain conditions that are common to this type of transaction. The deal is an important step in consolidating Embraer Defense & Security as a Strategic Defense Company and a provider of genuinely Brazilian integrated solutions.

“Our association has been particularly positive, creating a number of business opportunities and contributing to expanding the portfolio of products and services in the areas of systems, defense and security, and air traffic control, which complement the aeronautics business,” said Luiz Carlos Aguiar, President of Embraer Defense & Security. “Furthermore, the fact of being able to count on Embraer’s international recognition helps reinforce Atech's position in Brazilian and foreign markets.”

Atech is a developer of strategic command, control and intelligence solutions, and provides expert consulting services, as well as technical and logistical support. It works with all project phases: conceptual, specifications, development, integration, implementation management, installation, testing, maintenance, and training.

North America
Robert Stangarone - E: rstangarone[.]embraer.com.
Cell: +1 954 260 9939 / T: +1 954 359 3101 / F: +1 954 359 4755

Europe, Middle East and Africa
Hervé Tilloy - E: herve.tilloy[.]embraer.fr.
Cell: +33(0)6 08 64 35 45 / T: +33(0)1 49 38 45 30 / F: +33(0)1 49 38 44 56

China
Mirage Zhong - E: mirage.zhong[.]bjs.embraer.com.
Cell: +86 138 1191 8053 / T: +86 10 6598 9988 / F: +86 10 6598 9986

Asia Pacific
Shorbani Roy - E: shorbani.roy[.]sin.embraer.com.
Cell: +65 9794 2401 / T: +65 6305 9955 / F: +65 6734 8255.

 
 
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Agency / Source: Empresa Brasileira de Aeronáutica S.A.

 
 

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Embraer Defense & Security Acquires Remaining 50% of Atech's Shares

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Embraer | Atech
Contact: Press Office - Embraer.com 
+55 12 3927 1311 press[.]embraer.com.br
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Empresa Brasileira de Aeronáutica S.A. securities in any jurisdiction including any other companies listed or named in this release.

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