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M&A Deal Summary

Sumitomo Acquires Cosan Biomassa SA

On February 26, 2016, Sumitomo acquired energy services and equipment company Cosan Biomassa SA from Cosan S.A. Industria e Comercio

Acquisition Highlights
  • This is Sumitomo’s 1st transaction in the Energy Services and Equipment sector.
  • This is Sumitomo’s 1st transaction in Brazil.

M&A Deal Summary
Date 2016-02-26
Target Cosan Biomassa SA
Sector Energy Services and Equipment
Buyer(s) Sumitomo
Sellers(s) Cosan S.A. Industria e Comercio
Deal Type Divestiture

Target

Cosan Biomassa SA

Sao Paulo, Brazil
Cosan Biomassa SA is a producer and distributor of sugarcane biomass pellets used for power generation, subject to the prior approval of anti-trust authorities in some jurisdictions.

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Buyer(S) 1

Buyer

Sumitomo

Tokyo, Japan
Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.

DEAL STATS #
Overall 16 of 47
Sector (Energy Services and Equipment) 1 of 4
Type (Divestiture) 1 of 3
Country (Brazil) 1 of 1
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 Xiwang International Trade

Zouping, China

Xiwang International Trade Co., Ltd. is a manufacturer and seller of corn oil in China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-28 Soukai Drug

Tokyo, Japan

Soukai Drug Co., Ltd. is an online retailer of household goods such as mineral water, nutrition supplements, cosmetics, fabric softeners and baby care products.

Sell ¥8.9B

Seller(S) 1

SELLER

Cosan S.A. Industria e Comercio

Sao Paulo, Brazil
Category Company
Founded 1936
Sector Energy Services and Equipment
Employees29,142
DESCRIPTION

Cosan S.A. is a producer and distributor of sugar and sugarcane-based ethanol manufacturer.

DEAL STATS #
Overall 2 of 3
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 2 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-05 Rumo

Curitiba, Brazil

Rumo is a provider of rail transportation services. Rumo offers logistics services primarily for exporting commodities, including integrated solutions for transportation, handling, storage, and shipping from the production centers to the principal ports in the south and southeast of Brazil. Rumo was founded in 1997 and is headquartered in Curitiba, Brazil.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-21 Moove

Sao Paulo, Brazil

Moove is a Latin American manufacturer and distributor of specialty lubricants. Moove is the sole manufacturer of Mobil-branded specialty lubricants in Brazil and has the exclusive rights to commercialize products in Brazil, Argentina, Uruguay, Paraguay and Bolivia. Within Latin America, Moove sells via a network of exclusive distributors and directly to large industrial groups and OEMs. Moove is based in Sao Paulo, Brazil.

Sell -
Mergr

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