About us

Financial resilience and long-term value creation

We are Grupo Ultra, one of the largest business groups in the country. We invest in the mobility, energy, and logistics infrastructure verticals through Ipiranga, Ultragaz, Ultracargo, and Hidrovias do Brasil.

Ultrapar is our holding company, focused on long-term value creation and responsible for disciplined and efficient capital allocation.

Since 1999, we have been listed on the stock exchanges in Brazil and New York, adhering to the highest standards of corporate governance.

Strategy

Purpose

What inspires us

Purpose

Invest in the energy and future of Brazil.

Value proposition

What distinguishes us

Value proposition

We generate value and preserve capital through a strong culture, ethics and transparency, fostering a sound and secure business environment.

Guiding principles

What guides us

Guiding principles

  • Value generation across existing businesses and the portfolio
  • Discipline in capital allocation: investments, acquisitions, and new ventures
  • Focus on sectors with value creation potential where we can be the best owners
  • Optimization of the cost of capital

Values

What defines us

Values

  • We work together toward common goals
  • We embrace an entrepreneurial mindset
  • We focus on long-term results

Foundations

What supports us

Foundations

  • High density of talent aligned with our culture
  • Deep sector expertise
  • A simple and efficient management model
  • Technology and data driving productivity and insights
  • Ethics and sustainability (reputation, financial strength, and a long-term perspective)

Our portfolio

Engaged in mobility, energy, and logistics infrastructure through Ipiranga, Ultragaz, Ultracargo, and Hidrovias.

mulher com epis de seguranca do trabalho ajudando manobrar um caminhão da ultragaz em um Galpão

Ipiranga is part of the daily lives of millions of Brazilians, with a broad presence and a complete offering of products and services to support their mobility journey. This includes the sale of high-quality fuels, convenience stores, automotive services, and one of the largest loyalty programs in Brazil.

Homem com EPIS utilizando equipamentos industriais

Aiming to expand its energy solutions offering, the pioneering company in the LPG market began providing renewable electricity for businesses and homes, as well as compressed natural gas and biomethane for corporate clients, establishing itself as a comprehensive energy solutions platform.

dois homens de uniforme e capacete caminhando e conversando

The largest independent liquid bulk storage company in the country has been advancing its growth and regional expansion strategy, connecting Brazil’s coastline to inland regions through multipurpose terminals and a nationwide presence, enhancing its value proposition for clients.

Hidrovias

Hidrovias

A leader in waterway transportation and port operations, handling grains, minerals, and fertilizers, Hidrovias is emerging as a standout provider of competitive, low-carbon logistics solutions, especially for the agribusiness sector.

Highlights

Adjusted EBITDA

We reached BRL 6.8 billion in adjusted EBITDA in 2025.

Net Income

We achieved BRL 2.5 billion in net income in 2025.

Cash flow

We delivered record operating cash flow, totaling BRL 5.5 billion.

Controlling Stake

In 2025, we took a controlling stake in Hidrovias.

Investment grade

We achieved an investment grade rating from S&P.

Our History

1937

Empreza Brasileira de Gaz a Domicílio is founded, being renamed in 1938 as Companhia Ultragaz S.A., originating Ultra Group.

Our History

1949

Ultragaz launches its home delivery system
Dois colaboradores da Ultragaz, da década de 40, descarregando um botijão de gás na casa de um cliente.

Our History

1953

Creation of the holding company Cobrapar (Companhia Brasileira de Participações) and the retail store network Ultralar.
Fachada da

Our History

1961

Ultragaz reaches the milestone of one million customers.

Our History

1966

Creation of Transultra, a company that would later become Ultracargo, aimed at meeting the demand for high quality and safe transport services.
1966

Our History

1973

Start of Oxiteno’s production at the Mauá Petrochemical Complex (state of São Paulo).
Início da produção da Oxiteno no Polo Petroquímico de Mauá (SP).

Our History

1992

Ultra Group completes its restructuring process and focuses on three businesses: LPG distribution, chemicals and logistics.
Grupo Ultra conclui reestruturação e se concentra em três negócios: distribuição de GLP, química e logística.

Our History

1999

IPO on Bovespa (currently B3), in São Paulo, and on NYSE, in New York.
Ultrapar realiza abertura de capital na Bovespa (atual B3), em São Paulo e na NYSE, em Nova Iorque.

Our History

2003

Ultragaz acquires Shell Gas and achieves leadership position in the Brazilian LPG market.
Ultragaz adquire a Shell Gás e conquista a liderança no mercado brasileiro de GLP.

Our History

2007

Acquisition of Ipiranga as a strategy to expand to the fuel distribution segment.
Aquisição da Ipiranga faz avançar estratégia de expansão na distribuição de combustíveis.

Our History

2008

The acquisition of Terminais União doubles the size of Ultracargo and reshapes its strategy.
Aquisição da União Terminais faz Ultracargo dobrar de tamanho e reformular sua estratégia.

Our History

2009

Completion of acquisition of Texaco’s operations in Brazil by Ipiranga.
Conclusão da aquisição das operações da Texaco pela Ipiranga no Brasil.

Our History

2017

Creation of ICONIC, a joint venture with Chevron.
Criação da ICONIC, joint-venture com a Chevron.

Our History

2019

Ultrapar began to establish itself as a holding company, responsible for allocating capital and maximizing the value generation of its businesses.
Ultrapar passou a se constituir como empresa holding, responsável pela alocação de capital e maximização da geração de valor de seus negócios.

Our History

2020

New initiatives: abastece-aí and Ultra Venture Capital.
Novas iniciativas: abastece-aí e UVC Investimentos.

Our History

2021

Portfolio review: divestment of Oxiteno, Extrafarma and ConectCar.
Revisão de portfólio: desinvestimentos da Oxiteno, Extrafarma e ConectCar.

Our History

2022

85 years of Ultra Group

Colaborador com um taça propondo um brinde e falando ao microfone.

Acquisition of Stella Energia and NEOGás.

Vista aérea de uma das bases da Ultragaz com colaboradores acenando para a câmera.
Colaborador com um taça propondo um brinde e falando ao microfone.
Vista aérea de uma das bases da Ultragaz com colaboradores acenando para a câmera.

Our History

2023

Acquisition of Opla terminal, in Paulínia (state of São Paulo).
Ultracargo

Our History

2024

Launch of the new Ultra Group brand.

Ultra

abastece-ai rebranded to KMV.

KMV

Acquisition of ownership position in Hidrovias do Brasil.

Empurrador da Hidrovias do Brasil com uma barcaça de minérios navegando através de rio, com vegetações ao fundo.

Ultrapar celebrates the 25th anniversary of the company’s initial public offering.

Executivos do Grupo Ultra batendo palmas enquanto realizam a cerimônia de comemoração do 25º aniversário de abertura de capital, na NYSE em Nova Iorque.
Ultra
KMV
Empurrador da Hidrovias do Brasil com uma barcaça de minérios navegando através de rio, com vegetações ao fundo.
Executivos do Grupo Ultra batendo palmas enquanto realizam a cerimônia de comemoração do 25º aniversário de abertura de capital, na NYSE em Nova Iorque.

Our History

2025

Marcos Lutz takes over as Chairman of the Board of Directors of Ultrapar and Rodrigo Pizzinatto assumes the position of Chief Executive Officer of Ultrapar.

Presidente do Conselho de Administração e Presidente da Ultrapar sorridentes e olhando para a câmera.

Ultrapar becomes the original controlling shareholder

Empurrador da Hidrovias navegando pelo rio ao anoitecer.
Presidente do Conselho de Administração e Presidente da Ultrapar sorridentes e olhando para a câmera.
Empurrador da Hidrovias navegando pelo rio ao anoitecer.