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Signing of Contract for Acquisition of 50% of Opla by Ultracargo

Founded in 2017, Opla is currently the largest independent ethanol terminal in Brazil.

27/08/2024 Ultracargo
Signing of Contract for Acquisition of 50% of Opla by Ultracargo

Founded in 2017, Opla is currently the largest independent ethanol terminal in Brazil.

On April 19, we signed, through Ultracargo, a contract to acquire a 50% stake in Opla, which is held by Copersucar. Upon completion of the acquisition, Ultracargo and BP will become co-controlling shareholders of Opla.

Founded in 2017, Opla is now the largest independent ethanol terminal in Brazil. Located in Paulínia (SP), it provides integrated storage and logistics solutions through rail, pipeline, and road transport modes.

The acquisition of Opla will mark Ultracargo’s entry into the bulk liquid storage and logistics segment, aligning with the company’s growth plan. Opla is a strategic asset in the ethanol and derivatives distribution chain, with high growth potential and value creation opportunities through opening the terminal to third parties and achieving significant productivity gains from the asset’s use.

Until the transaction is completed, subject to CADE approval, Ultracargo and Opla will continue their normal business operations independently.

We remain focused on generating long-term value for our clients, shareholders, employees, and other stakeholders.

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