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Article: Brazil: Schindler acquired additional stake in Atlas.
- Article from:
- South American Business Information
- Article date:
- August 30, 1999
CopyrightCOPYRIGHT 1999 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Schindler acquired last Tuesday a 34% stake in the Brazilian elevators manufacturer Elevadores Atlas through public offer. Schindler previouslyheld a 63.64% stake in the Brazilian company. The multinational company invested R$700mil to acquire the 97.64% stake in Elevadores Atlas. Elevadores Atlas' Londrina-based plant (State of Parana) will export Atlas-Schindler elevators and escalators to Latin America. Atlas' R$3mil investments in the ...
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Article: BUSINESS BRIEFS
The Record (Bergen County, NJ);
March 21, 2003 ;
700+ words
... ... escalators will be manufactured at the company's Clinton, N.C., facility. Elevators will be built at Brazil-based Elevadores Atlas Schindler SA. All installation work is to be undertaken by Schindler' s operations in Caracas, Venezuela. * * * Billions ...
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