Announced
Completed
Synopsis
Vibra, a distributor and marketer of petroleum derivatives and biofuels, completed the acquisition of the remaining 50% stake in Comerc Energia, a company that provides generator management, natural gas market, distributed generation, and energy efficiency solutions, for $648m. “Our decision is motivated by the significant financial return, which will come from the significant synergies synergies between the two companies and the low risk of a fully operational business. operational. Comerc has been showing good results, with the main generation generation projects completed and generating an annualized EBITDA of R$1bn by 2024,” Ernesto Pousada, Vibra CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.