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Sabo Industria e Comercio de Autopecas Ltda
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 26099
Company nameSabo Industria e Comercio de Autopecas Ltda
Country
Brazil
Sector1Motor Vehicle Parts
Environmental categoryB
Department
StatusActive
Date SPI disclosedMay 11, 2007
Projected board dateJune 15, 2007
Previous EventsInvested: April 7, 2008
Signed: August 22, 2007
Approved: July 11, 2007
View Environmental & Social Review Summary (ESRS), click here
click here
  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
Sabˇ Industria e Comercio de Autopecas Ltda (Sabo or the company), a mid-sized family-owned Brazilian company based in San Paulo, produces sealing and connecting devices for automobiles, such as oil seals, gaskets, and hoses. Founded in 1942 in Brazil, it has manufacturing facilities and operations in six countries in Europe, North America, and South America, and has emerged as an important supplier in each of the markets in which it operates. The company has a corporate capital expenditure program for the next five years which includes debt refinancing, capacity upgrading and expansion, and R&D.

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