Brazil M&A Transactions

Vision Cybersecurity

Vision Cybersecurity and Tempest Security merge, backed by SPX Capital and Embraer, forming a R$700 million cybersecurity leader.

Azzas 2154

Major Brazilian fashion conglomerates Arezzo&Co and Soma finalize separation, creating independent entities and a new structure for FARM Rio.

Azzas 2154

Arezzo&Co and Grupo Soma restructure, separating brands after lengthy shareholder disputes. New leadership appointed for key entities.

Energisa strengthens its distributed solar generation portfolio by acquiring five plants from Matrix Energia. Learn about the strategic implications for the renewable energy sector.

Azzas 2154

Azzas 2154 undergoes major restructuring, de-merging into Arezzo&Co and Soma, with Farm Rio in a distinct venture. Key shareholders Alexandre Birman and Roberto Jatahy lead the split.

Atlântica D’Or

Atlântica D’Or, a joint venture of Rede D’Or and Bradsaúde, expands into Minas Gerais with the acquisition of Hospital Biocor, boosting its national hospital network.

Alfaparf Milano strengthens its Brazilian operations with the acquisition of Cosmo Indústria e Comércio de Cosméticos Ltda, enhancing its contract manufacturing services.

SkyFit

Caio Peres, former XP executive, leads R$400M acquisition of SkyFit, applying XP's franchise growth strategy to the fitness industry.

B3

Cade examines B3's proposed CRDC takeover, citing market concentration risks, particularly in CPR registration. Potential remedies are being considered.

Ri Happy

BluSun Capital secures full ownership of Ri Happy. Former CEO Héctor Núñez is back to steer the Brazilian toy retailer through key sales periods.

Equatorial Energia considers selling Echoenergia, its renewable energy arm, as market conditions and strategic priorities evolve. Engie reportedly interested.

Boliden strengthens its global zinc and silver position by acquiring a majority stake in Nexa Resources for $1.31 billion, enhancing its Latin American presence.

Votorantim swaps its Nexa stake for Boliden shares, becoming the largest shareholder in a strategic metals industry consolidation.

Votorantim sells controlling stake in Nexa Resources to Boliden for $1.3 billion, becoming a significant shareholder and reshaping its global mining strategy.

Origem Energia

Prisma Capital initiates sale of Origem Energia, a major Brazilian independent gas producer, following substantial growth and production increases. Potential buyers eyed.

Ecopetrol's acquisition of Brava Energia sparks controversy as minority shareholders incur losses due to pricing disparities and the removal of a key protective clause.

Cescon Barrieu

Cescon Barrieu enhances digital law expertise by integrating Opice Blum Advogados, bolstering services in AI, data privacy, and tech innovation.

Grupo Elfa

Patria Investimentos evaluates Grupo Elfa's portfolio for divestitures, aiming to reduce debt and enhance focus on high-margin healthcare segments like oncology.

Advent International and Bain Capital are in advanced talks to acquire 100% of Brazil's Amil for approximately R$17 billion, navigating valuation and control discussions.

Essity expands its Latin American presence by acquiring Kenvue's Brazilian feminine care division for $284M, integrating leading brands and manufacturing assets.

Ecopetrol finalizes $1.2 billion acquisition of 51% Brava Energia stake, boosting Brazilian reserves and production. Strategic diversification for growth.

Brazilian wealth manager Beacon acquires 314 Capital, entering the startup credit market with plans for a new FIDC fund in 2026.