PROFILE |
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The engines that power Brasmotor are its controlling stakes in appliance maker Multibras S.A. Eletrodomesticos and refrigerator compressor maker Embraco. Multibras makes washers, dryers, kitchen ranges, microwaves, dishwashers, refrigerators, freezers, and air conditioners under such brands as Brastemp and Consul (the two brands dominate Brazil's appliance market), as well as Whirlpool. Embraco supplies about 20% of the world's refrigerator compressors (65% of Brazil's market). Other holdings include Multibras da Amazonia and Whirlpool Argentina. Founded in 1945, Brasmotor sells worldwide and has facilities in Argentina, Brazil, Chile, China, Italy, Slovakia, and the US. Whirlpool owns 94% of Brasmotor.
COMPETITION |
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AB Electrolux (ELUX)
Maytag Corporation (MYG)
Tecumseh Products Company (TECUB)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1998 Sales (mil.): 2,067.30
1-Yr. Sales Growth: (14.7)%
Employees: 20,633
Revenue per employee: $100,193.86
KEY PEOPLE |
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Paulo Frederico M. de Oliveira Periquito
CEO
Ruy de Campos Filho
CFO
CONTACT INFO |
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Avenida Brigadeiro Faria Lima, No. 1478, 18th Fl.
01452-001 Sao Paulo, Brazil
Phone: 55-11-3039-5400
Fax: 55-11-3039-5566
Online: Web Site
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