Monterrey, Mexico, September 1st, 2022 – Viakable S.A., a Xignux company, announced today that it successfully concluded the process of selling São Marco Industria y Comercio Ltda in Brazil (“São Marco”) to Montana Aerospace (the “Company”), after obtaining regulatory approvals and complying with all the conditions required in this kind of operations.
The transaction was completed through PPE, a subsidiary of Montana Aerospace that specializes in magnet wire.
Xignux is a corporation based in Mexico engaged in the energy and food industries with sales in more than 40 countries. Xignux was founded more than 65 years ago and has 29,000 employees in four countries. Xignux manages companies that energize life and society to contribute to a better world. www.xignux.com
Viakable is a leading producer and seller of electrical conductors that energize homes, businesses, and
communities. Founded more than 65 years ago, Viakable employs more than 4,000 people in Mexico and the United States,
and its products are sold and distributed in Central, South America and the Caribbean.