ALFA S.A.B. DE C.V.
July 1, 2015
Nemak completes Initial Public Offering
Monterrey, N.L., Mexico, July 1, 2015.- ALFA, S.A.B. de C.V. (ALFA) announced today that its subsidiary Nemak, S.A.B. de C.V. (Nemak) completed the initial public offering of 537'600,000 shares at a price of $20 pesos in Mexico and in the international markets. In total, resources amounted to $10,752 million pesos. Nemak's shares will be quoted in the Mexican Stock Exchange today.
Proceeds from the placement of shares could amount up to $12,364.8 million pesos if the overallotment option is exercised by the placement agents
About ALFA
ALFA is the largest independent producer of complex aluminum components for the automotive industry in the world, and one of the world's largest producers of polyester (PTA, PET and fibers). In addition, it leads the Mexican market in petrochemicals such as polypropylene, expandable polystyrene and caprolactam. ALFA is an important producer, marketer and distributor of highly recognized branded foods in Mexico, the United States and Europe, as well as a leading provider of information technology and telecommunications services for the enterprise segment in Mexico. ALFA also operates in the hydrocarbons industry in Mexico and the United States. In 2014, ALFA reported revenues of Ps. 229,226 million (U.S. $17.2 billion), and EBITDA of Ps. 27,116 million (U.S. $2 billion). Currently, ALFA has manufacturing facilities in 25 countries and employs more than 70,400 people. ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.
About Nemak
Nemak is a leading provider of innovative light-weighting solutions for the global automotive industry specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. As of 2014, the company employed more than 20,000 people at 35 facilities worldwide and generated revenues of U.S. $4.6 billion.http://www.nemak.com
Contact:
Enrique Flores
Vice President, Corporate Communications
ALFA, S.A.B. de C.V.
Phone + 52 (81) 8748-1207
eflores@alfa.com.mx
Nemak completes Initial Public Offering
Monterrey, N.L., Mexico, July 1, 2015.- ALFA, S.A.B. de C.V. (ALFA) announced today that its subsidiary Nemak, S.A.B. de C.V. (Nemak) completed the initial public offering of 537'600,000 shares at a price of $20 pesos in Mexico and in the international markets. In total, resources amounted to $10,752 million pesos. Nemak's shares will be quoted in the Mexican Stock Exchange today.
Proceeds from the placement of shares could amount up to $12,364.8 million pesos if the overallotment option is exercised by the placement agents
About ALFA
ALFA is the largest independent producer of complex aluminum components for the automotive industry in the world, and one of the world's largest producers of polyester (PTA, PET and fibers). In addition, it leads the Mexican market in petrochemicals such as polypropylene, expandable polystyrene and caprolactam. ALFA is an important producer, marketer and distributor of highly recognized branded foods in Mexico, the United States and Europe, as well as a leading provider of information technology and telecommunications services for the enterprise segment in Mexico. ALFA also operates in the hydrocarbons industry in Mexico and the United States. In 2014, ALFA reported revenues of Ps. 229,226 million (U.S. $17.2 billion), and EBITDA of Ps. 27,116 million (U.S. $2 billion). Currently, ALFA has manufacturing facilities in 25 countries and employs more than 70,400 people. ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.
About Nemak
Nemak is a leading provider of innovative light-weighting solutions for the global automotive industry specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. As of 2014, the company employed more than 20,000 people at 35 facilities worldwide and generated revenues of U.S. $4.6 billion.http://www.nemak.com
Contact:
Enrique Flores
Vice President, Corporate Communications
ALFA, S.A.B. de C.V.
Phone + 52 (81) 8748-1207
eflores@alfa.com.mx
|
distributed by
|
