The Ateliers de Construction Metallique d'Usumbura

ATELIERS DE CONSTRUCTION METALLIQUE D'USUMBURA - S.A.R.L.

Incorporation of the company

The Ateliers de Construction Métallique d'Usumbura was incorporated on 12 October 1951. The registered office was established in Usumbura (Urundi) and the administrative office in Marchienne-au-Pont. The initial capital was ten million Congolese francs, represented by 20,000 shares of five hundred Congolese francs each.

The share capital of ten million, 20% of which was paid up, was subscribed in cash by:

The s.a. des Ateliers de Construction et Chaudronnerie de l'Est, 9,000 shares; The s.a. Ateliers de la Louvière-Bouvy, 8,000 shares; Mr. Henri France, 1,000 shares; Mr. Henri Vincent, 350 shares; Mr. Paul Leynen, both for himself and for a group, 650 shares; Mr. Henri Barzin, 350 shares; Mr. Léon Bregy, 650 shares (12-(30/11/1951)-24113).

First board meeting

For the first time, the number of directors was set at four: Mr. Henri Barzin, Mr. Léon Bregy, Mr. Henri France and Mr. Henri Vincent (12-(30/11/1951)-24113).

Object

All aspects of metal construction in general, in particular large and small-scale boiler making, mechanical engineering, forging and, in general, all industrial and commercial operations that make up the metal construction industry and all related industrial and commercial operations.

Power to set up head offices and operate plants, establish all transport routes, and acquire, own, or lease any property that is useful or necessary for achieving its corporate purpose.

To acquire, obtain, transfer and use all patents and license’s, and to acquire interests in all countries and in any form whatsoever, in particular by creating new companies, making contributions, taking over or granting leases, subscribing for or purchasing shares, shareholdings or mergers in all companies or businesses whose trade and industry are similar to its own, and which are likely to favor the latter.

In general, to conduct all industrial, commercial, financial, securities and property transactions, in Ruanda-Urundi, the Belgian Congo, Belgium or abroad, which may relate in whole or in part to the Company's purpose.

May be extended or restricted at any time without altering its essence by means of an amendment to the Articles of Association and subject to authorization by Royal Decree (1).

Modification and transformation of capital

On 26 May 1953, the Extraordinary General Meeting decided to increase the capital by fifteen million Congolese francs by issuing 30,000 new shares of five hundred Congolese francs each, to be subscribed in cash with 50% paid up; the new shares were subscribed by:

The s.a. des Ateliers de Construction et Chaudronnerie de l'Est, 9,000 shares; The s.a. Ateliers de la Louvière-Bouvy, 12,000 shares; Mr. Henri France, for himself and for a group, 6,025 shares; Mr. Henri Vincent, for himself and for a group, 650 shares; Mr. Paul Leynen, for himself and for a group, 1,675 shares; Mr. Henri Barzin, for himself and for a group, 650 shares (12-(10/07/1953)-17728).

On 30 December 1964, the EGM decided that, as a result of the application of the law of 14 June 1962, the company was subject exclusively to the coordinated Belgian laws on commercial companies, that the company was therefore a Belgian limited company and that the capital was expressed in Belgian francs. At the same time, the name was changed to Ateliers de Constructions Métalliques de Bujumbura, or "Metalusa" for short. The Head office was established in Marchienne-au-Pont.

The corporate purpose was also amended as follows:

To operate, more particularly in the Kingdom of Burundi, everything in the field of metal construction, in particular large and small boiler making, mechanical engineering, forging and, in general, all commercial and industrial operations that make up the metal construction industry and all related industrial and commercial operations (12-(20/01/1965)-1556).

Dissolution and liquidation

The company was dissolved on 28 March 2013 and liquidation closed on 14 December 2017 (Banque-Carrefour des Entreprises).