Notícias

PRESS RELEASE (CONDITIONS PRECEDING THE CLOSING OF ACQUISITION FREMAX)

Fras-le S.A., proceeding with the information disclosed in the Material Fact dated August 8, 2018, informs its shareholders and the market in general that the conditions preceding the Closing of the purchase operation of shares representing the totality of the capital stock of Jofund S.A. have been complied.

As a result, all documents required to transfer the purchased equity interest have been signed on this date, and so the Company effectively takes over the control and management of Jofund S.A., which will be transformed into a Limited-Liability Sole Proprietorship under the name Fremax Sistemas Automotivos EIRELI.

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