Elamex, S.A. de C.V.
(www.elamex.com)
Ticker: ELAMF Avenida Insurgentes No. 4145-B Ote., Cd. Juarez
Exchange: NASDAQ-National Market Chihuahua, Foreign 32340
Industry: Manufacturing 9157748252

Type of Shares:Class I Common Stock Filing Date:2/29/96
U.S. Shares:3,150,000 Offer Date:3/19/96
Non-U.S. Shares:0 Filing Range:$9.00 - $11.00
Primary Shares:2,400,000 Offer Price:$9.00
Secondary Shares:750,000 Gross Spread:$0.63
Offering Amount: $31,500,000 Selling:$0.37
Expenses:$860,000 Reallowance:$0.10
Shares Out After:7,400,000
Spin out parent firm: Accel, S.A. de C.V.

ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-1172
Gerard Klauer Mattison & Company, IncorporatedCo-manager (212) 481-6030

Auditor: KPMG Peat Marwick
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/94 10/1/95 10/2/94 10/1/95
Revenue:$84.82$73.06$61.83Assets:$56.25
Net Income:$1.55$4.94$1.18Liabilities:$34.32
EPS:$0.23$0.94$0.16Equity:$21.93

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The Company is a leading contract manufacturer located in Mexico, delivering high-quality finished goods to original equipment manufacturers based in North America pursuant to manufacturing contracts. The Company focuses on the effective management of assemble processes, which range from assembly-only services managed by the customer or by the Company, to full materials procurement and assemble contracts that are referred to in the contract manufacturing industry as "turnkey" contracts. The Company frequently works with customers from product design and prototype stages through ongoing production, and provides manufacturing services for successive product generations. The Company's OEM customers are U.S. and Canadian companies, mainly in the electronics industry, as well as in the electromechanical, avionics and medical industries.

Use of Proceeds
Proceeds from the proposed offering will be used to repay debt, for working capital requirements and general corporate purposes.

Last updated: 10/28/96

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