US$75000000 Lupatech Finance Limited - Banco Best

Petroima. Acquired by us in April 2007, Petroima manufactures tools for the oil and gas sector and
provides precision machinery services primarily to the automotive and agricultural equipment industries.
K&S. Acquired by us in July 2007, K&S provides various services to the oil and gas industry, including
the inspection and repair of equipment.
Delta. We acquired a 50% stake of Delta Compresión and Compresores Panamericanos in January 2008.
Delta is a producer of vehicular natural gas, or VNG, compression systems. With two production facilities located
in Argentina, Delta’s compression units are estimated to be in use in about 20% of the VNG stations around the
world.
Aspro. We acquired a 50% stake of Aspro in January 2008. Aspro is a producer of VNG compression
systems. With a production facility located in Brazil, Aspro sells its compression units mainly in Brazil and had an
estimated market share of 70% on the new compression systems sold in 2007 and a market share of approximately
58%, when considering all the compression systems installed.
Lupatech North America. In 2006, Lupatech North America was relocated to Houston, Texas, where it
operates as a sales office in order to identify new business opportunities among our international customers and to
develop new oil industry customers.
Flow segment
Worcester. Acquired by us in December 2006, Worcester is a leader in Argentina in the manufacture of
ball valves for special applications in the flow segment. We estimate that Worcester, along with Esferomatic, held a
market share of approximately 60% of the Argentine ball valve market in 2007. Worcester markets its products
under the tradename “Valbol.”
Valmicro. Formed in 1984, Valmicro has been a leader in Brazil since 1996 in the manufacture and
marketing of standard low- and medium-pressure industrial valves. The brand “Valmicro” is highly regarded for its
high quality and value-added. In 2008, Valmicro was awarded the “Top One” award for the thirteenth consecutive
year in the ball valve category in the “Top Five” survey by the magazine Industrial Equipment News (Noticiário de
Equipamentos Industriais), or NEI, which measures brand recognition by consumers.
Mipel-SP. Acquired by us in April 2006, Mipel-SP is the Brazilian leader in the production of copper
industrial valves. Mipel-SP’s products are used in different industry segments, including the chemical,
petrochemical, maritime, food, pharmaceutical, civil construction, basic sanitation, irrigation, and agro-industrial
segments.
Mipel Sul. Commencing operations in June 2006, Mipel Sul manufactures manual ball valves for the
carbon steel and stainless steel industrial markets, and focuses its sales on the network of independent distributors
and resellers that sell the valves produced by Mipel-SP.
Jefferson. Acquired by us in November 2007, Jefferson is the leader in Argentina in the manufacture of
solenoid valves and magnetic controls for the oil and gas, refrigeration and heating industries.
Carbonox. Acquired by us in 2005, Carbonox manufactures bulk, low-cost investment casting parts to
supply raw material for MNA, Valmicro, Mipel-Sul, Jefferson, Worcester and Esferomatic using state-of-the-art
technologies and modern manufacturing facilities.
Metal segment
Microinox. Founded in August 1980, Microinox manufactures complex, high-precision and hightechnology
parts in over 150 different metal machining alloys using the investment casting process. Parts are
developed jointly with our customers, particularly in the automotive industry, in order to meet their specific needs
for parts and components for new products as well as replacement parts and components for existing products.
Steelinject. Formed in 1995, Steelinject is a pioneer in Latin America in manufacturing precision parts
using PIM technology, Steelinject produces metal and ceramic parts. This state-of-the-art process in the metallurgy
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