Fermavi definition

Fermavi means Fermavi Eletroquímica Ltda., a limited liability legal entity enrolled under the CNPJ/MF under number 023.759.905/0001-45, with address at Xxx Xxxx Xxxxxx Xxxx, 445, Parque Rinaldo district, Varginha – MG, Brazil, which fifty percent (50%) equity stake is held by the Company.
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Fermavi shall have the meaning ascribed to it in Section 1.1 of the Subscription Agreement.
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Examples of Fermavi in a sentence

  • The Company accounts for its investment in Fermavi under the equity method of accounting.

  • The Company’s investment in Fermavi was recorded at its estimated fair value in conjunction with the preliminary purchase price allocation as of the date the Company completed the full acquisition of Produquímica, which was in excess of the book value of net assets acquired.

  • As a result of the full acquisition of Produquímica, the Company now also holds a 50% interest in Fermavi Eletroquímica Ltda.

  • Held through a 50% ownership interest in a joint venture with Fermavi Eletroquímica Ltda.

  • Fermavi, which was founded in 1987, is a Brazilian corporation with headquarters in Varginha, Minas Gerais, Brazil, and its operations focus on the production and sale of manganese-based products.

  • We hold a 50% ownership interest through a joint venture with Fermavi Eletroquímica Ltda.Our products are produced through a series of chemical and physical transformations in automated reactors, granulators, grinders and mixers.

  • For purposes of Seller’s representations and warranties set forth in Article 3 and any obligations of Seller or the Company, as applicable, set forth in Article 5, any reference therein to an “Acquired Company”, the “Acquired Companies” or a “Company Subsidiary”, as the case may be, shall exclude Fermavi Eletroquimica Ltda.

  • Fermavi, which was founded in 1987, is a Brazilian corporation with headquarters in Varginha, Minas Gerais, Brazil, and its operations focus on the production and sale of manganese- based products.

  • The South America specialty plant nutrition business sale closed on July 1, 2021, the North America micronutrient sale closed on May 4, 2021, and the sale of our Fermavi investment closed on August 20, 2021.

  • As a result of the full acquisition of Produquímica, we hold a 50% interest in Fermavi, which was previously held by Produquímica.• The $1.4 million loss in 2016 was primarily comprised of our share of Produquímica’s net loss based on our initial 35% equity interest in Produquímica prior to the full acquisition.

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