CVC Capital completed the acquisition of a 30% stake in Cosan Lubes Investments for $145m.

CVC Capital completed the acquisition of a 30% stake in Cosan Lubes Investments, a Latin American manufacturer and distributor of specialty lubricants, from Cosan, a Brazilian conglomerate with assets in the energy and logistics sectors, for $145m. "The partnership with Cosan presents a great opportunity for CVC Funds to invest for the first time in Latin America. We are looking forward to working closely with the excellent management teams of Cosan and Moove, leveraging our expertise and our global network to expand its footprint internationally," Jean-Marc Etlin, CVC Partner.