OREANDA-NEWS. July 6, 2011. Common shares in Mahle Metal Leve debut on the Novo Mercado of BM&FBOVESPA on Tuesday, July 5, under the LEVE3 ticker symbol. Mahle, which already had shares traded on the Exchange prior to this, now becomes the 123rd company on the Novo Mercado and its shares will be included on the Special Corporate Governance Stock Index (IGC). 

The firm’s adhesion to the Novo Mercado brings the number of companies listed on the Exchange’s differentiated corporate governance segments to 179, of which 123 on the Novo Mercado, 17 on Level 2 and 39 on Level 1.

Mahle has been active in Brazil since 1950

Mahle has more that 10,00 employees in Brazil and Argentina

The company makes pistons, rings, bearings, wall plugs, connecting rods, powder metal components, valve train systems, auto and industrial filters, as well as engine parts.