OAO Ufa Engine Building Production Association {UMPO} & OAO Saturn | Update Date: 05/14/08 |
| Date Announced: 05/13/08 |
Value (million $USD): 132.0 million U.S. Dollar 3.14 billion Russian Rouble |
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| Status: Completed | |
| TRANSACTION DETAILS |
| Date Announced | 05/13/08 | | |
| Date Originally Announced | 05/13/08 | | |
| Format | Acq. Part. Int. | Acquisition techniques | Privately Negotiated Purc |
| Attitude | Friendly | Agency | n/a |
| Value | 132.0 million U.S. Dollar 3.14 billion Russian Rouble | Advisor Fees | n/a |
| SYNOPSIS |
| RUSSIA - OAO Saturn, a wholly-owned unit of Russian state-owned OAO OPK Oboronprom acquired a 19.27% stake, or 64,100,380 ordinary shares, in OAO Ufa Engine Industrial Association, an Ulfa-based manufacturer of engines, for 3.140 bil Russian roubles ( $132.563 mil US), in a privately negotiated transaction. |
| TARGET |
| Name | OAO Ufa Engine Building Production Association {UMPO} (Russian TS : UFMO) |
| Industries | Internal combustion engines, nec; Motors and generators; Fluid power pumps and motors; Turbines and turbine generator sets; Electrical equip. for internal combustion engines |
| City | Ufa |
| State | n/a |
| Nation | Russian Fed |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | OAO Ufa Engine Building Production Association {UMPO}, located in Ufa, Russia, manufactures engines for aircrafts, agricultural machinery, snowmobiles, and gas turbines for aircrafts and energy industry. The company was founded in 17 July 1925. |
| Advisors | NULL |
| Target Sales | n/a |
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| ACQUIROR |
| Name | OAO Saturn |
| Industries | n/a |
| City | n/a |
| State | n/a |
| Nation | Russian Fed |
| Incorporated in | n/a |
| Public Status | Subsidiary |
| Business Description | OAO Saturn, located in Russia, manufactures military equipments and defense related products such as helicopters. |
| Advisors | NULL |
| Acquiror Sales | n/a |
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