Isabel dos Santos will soon formalize the acquisition of a majority stake in Efacec, while maintaining the family Mello and Têxtil Manuel Gonçalves shareholder in the framework of northern company, found the PUBLIC next to source knowledgeable of the process.
The Angolan businesswoman prepares to get a higher than 50% position in Efacec Power Solutions, which will involve an investment that can come close to EUR 200 million. The negócios.pt affirmed Tuesday that the daughter of the Angolan president could reach 65% of capital of the company.
At the beginning of April, the President of Efacec I had revealed to the Express which was scheduled the entry of a new shareholder in the company, but without revealing details. Shortly thereafter, the Economic Daily progressed it was Isabel dos Santos, should invest about 200 million euros in the business.
The eFace Power Solutions, established under one year as part of a group restructuring is the holding which focuses the company’s main business and arouses the interest of Isabel dos Santos because I have experience on the ground in Angola. And it has worked for some of the most important groups of electricity and telecommunications in particular for Unitel, a company that has the daughter of Eduardo dos Santos the lead investor.
Recently, Efacec sold two operations held in the United States and Brazil. Still, the company, which works in electrical engineering solutions, maintains a presence in over sixty countries and has nearly 4,000 workers.
Isabel dos Santos has the BPI and the US, in partnership with the Sonae group, its main investments in Portugal. The entrepreneur recently launched a public bid for PT SGPS, but could not muster the necessary support and the initiative failed. He proposed also a fusion of BPI with the BCP.
With Cristina Ferreira
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