Aernnova Aerospace’s USD $172 Million Acquisition of Embraer’s Subsidiaries

Paul Hastings advised Embraer on the deal.

Embraer announced the sale of its  wholly owned subsidiaries Embraer Portugal Estruturas Metalicas (EEM) and Embraer Portugal Estruturas em Compositos (EEC) to Aernnova Aerospace for USD $172 million.

Embraer has entered into a strategic partnership with Aernnova, which will assume operation of EEM and EEC and continue to supply Embraer with components used in aircraft production.

Partner Jon Kellner (Picture) led the Paul Hastings team, which also included of counsel Andrea Campos and associate Thomas Ayres.

Involved fees earner: Thomas Ayres – Paul Hastings LLP; Jonathan Kellner – Paul Hastings LLP;

Law Firms: Paul Hastings LLP;

Clients: Embraer S.A. ;

Martina Bellini

Author: Martina Bellini