Press Releases

José de Mello and Têxtil Manuel Gonçalves Groups formalise sale of most of the capital of EPS

23/10/15

Further to the operation announced this past 4 June, the groups José de Mello and Têxtil Manuel Gonçalves today formalised the sale of a share of approximately two-thirds of the capital of Efacec Power Solutions (EPS), the company constituted from the universe of shares of Efacec, focused on the energy, environment and transport businesses.

The transaction now completed represents a solution that favours the future of Efacec and maximises its value, strengthening continuity, the development of the company and the preservation of a centre of competence that is unequalled in the country.

With this transaction, the groups José de Mello and Têxtil Manuel Gonçalves assume the status of minority shareholders of EPS through MGI Capital, of which they remain equal shareholders, a company which will hold and manage the businesses of industrial maintenance and renewable energies.