M&A Deal Summary

The Votorantim Group Acquires Companhia Energética de São Paulo

On October 19, 2018, The Votorantim Group acquired utilities company Companhia Energética de São Paulo for 1.7B RUB

Acquisition Highlights
  • This is The Votorantim Group’s 1st transaction in the Utilities sector.
  • This is The Votorantim Group’s largest (disclosed) transaction.
  • This is The Votorantim Group’s 1st transaction in Brazil.

M&A Deal Summary

Date 2018-10-19
Target Companhia Energética de São Paulo
Sector Utilities
Buyer(s) The Votorantim Group
Deal Type Add-on Acquisition
Deal Value 1.7B RUB

Target

Companhia Energética de São Paulo

Sao Paulo, Brazil
Companhia Energética de São Paulo is a producer of electricity in the state of Sao Paulo. Companhia Energética de São Paulo was founded in 1966 and is based in Sao Paulo, Brazil.

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Buyer(S) 1

Buyer

The Votorantim Group

Sao Paulo, Brazil

Category Company
Founded 1918
Sector Manufacturing
DESCRIPTION

Votorantim Group operates in sectors that are foundations of the economy. Those sectors demand intensive capital and a large scale of production, such as cement, mining and metallurgy (aluminum, zinc and nickel), steel, pulp and paper, concentrated orange juice, and self-generation of electricity. In the financial market, it operates through Votorantim Finance, and in New Business it invests in biotechnology, information technology, and specialty chemical projects and companies.


DEAL STATS #
Overall 2 of 2
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Brazil) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-03 AnFreixo S.A.

Sao Paulo, Brazil

AnFreixo S.A., a distributor of maintenance, repair and operating (MRO) supplies in Brazil. The company serves more than 2,000 customers in industries such as manufacturing, steel, construction and mining, from its distribution center in Sao Paulo.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 U.S. Zinc

Houston, Texas, United States

U.S. Zinc is a provider of value-added zinc products. U.S. Zinc manufactures zinc oxide, zinc dust, and Prime Western grade zinc metal from special high grade (SHG) zinc metal and other zinc secondaries. U.S. Zinc was founded in 1949 and is based in Houston, Texas.

Sell -