Business · Companies · 3 hrs ago
Bruno Dantas named executive chairman of Brazil’s Avibras
Former audit court minister Bruno Dantas was named Avibras’s executive chairman on Thursday, October 15.
The Batista brothers’ Globe Investimentos completed its purchase of the entire company, including its industrial facilities and technology portfolio.
Avibras, based in Jacareí, São Paulo state, had been under judicial recovery for four years.
A R$300 million investment helped support the company’s recovery, according to Dantas.
Avibras plans to export artillery rockets and develop drone systems and tactical cruise and ballistic missiles.
The new ownership is expected to allow large-scale arms production to resume and help the company meet commitments abroad.
Bruno Dantas has been named executive chairman of the board of Avibras Aeroco, Brazil’s largest arms company.
The company said Globe Investimentos, the holding company of Joesley and Wesley Batista, completed its purchase of all of Avibras’s capital.
Avibras said the acquisition will allow it to resume large-scale weapons production and meet commitments abroad.
Dantas said the company was recovering after the Batista brothers invested R$300 million.
Avibras plans to export artillery rockets and develop drone systems and tactical cruise and ballistic missiles.
- Who
- Bruno Dantas, former minister of Brazil’s Federal Court of Accounts, was named executive chairman of Avibras Aeroco’s board.
- What
- Globe Investimentos completed the acquisition of all of Avibras’s capital.
- When
- October 15, 2026.
- Where
- Avibras Aeroco is based in Jacareí, São Paulo state, Brazil.
- Why
- The company said the acquisition will enable it to resume large-scale weapons production and meet commitments abroad.
This story does not have two clearly opposing sides.
Avibras was recovering after the Batista brothers invested R$300 million in the company.
Globe Investimentos completed its acquisition of all of Avibras’s capital, and Bruno Dantas was named executive chairman of its board.
- New executive chairman
- Bruno Dantas
- Acquirer
- Globe Investimentos
- Previous owners of the holding company
- Joesley and Wesley Batista
- Investment
- R$300 million
- Location
- Jacareí, São Paulo state
- Workforce experience cited
- Accumulated since 1961
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What people are saying
Avibras is a technological and industrial asset of Brazil, which will once again supply technology and equipment to the whole world thanks to the dedication of engineers and technicians who preserved the company’s knowledge during its most difficult years.
This transaction preserves much more than Avibras’s technologies and facilities. It preserves the experience, knowledge and dedication accumulated since 1961 by a highly qualified workforce, which will remain fundamental to the company’s success.