Aircraft
Embraer Selling Évora Aerostructures Units to Aernnova
Embraer is selling its Évora, Portugal-based metal and composite aerostructures subsidiaries to Aernnova for $172 million, with closing expected by April.

Embraer is selling its Évora, Portugal-based metal and composite aerostructures subsidiaries to Aernnova for $172 million, with closing expected by April, the companies announced today. The Embraer Metálicas and Embraer Compósitos industrial units produce parts for wings and vertical and horizontal stabilizers for the Embraer Praetor 500 and 600 business jets, E-Jet airliners, and KC-390 military transport.