Reuters  Dec 28  Comment 
Brasil Pharma SA , the country's third-largest drug retailer, has walked away from talks with Brazilian industrial conglomerate Ultrapar Participações SA to sell drugstore...
Reuters  Nov 17  Comment 
Brazil's Petroleo Brasileiro SA has approved the sale of its liquefied petroleum gas unit to Ultrapar Participações SA, as Brazil's state-controlled firm disposes of...
Forbes  Nov 10  Comment 
In trading on Thursday, shares of Ultrapar Participacoes SA (NYSE: UGP) entered into oversold territory, changing hands as low as $19.44 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical...


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Sao Paulo, Brazil-based Ultrapar Participa es S.A. is a major Brazilian holding company, engaged through its four subsidiaries in fuel and lubricants distribution, liquefied petroleum gas (LPG) distribution/production, chemicals and petrochemicals, and the storage and transportation of chemicals and LPG. The group's four subsidiaries are Ipiranga, Ultragaz, Oxiteno and Ultracargo.

Ipiranga: During the second quarter of 2007 the first stage of the acquisition of Ipiranga was completed. The deal is expected to be finished at the end of 2007. During the third quarter of 2007 Ultrapar is in the process of completing the second stage of the acquisition, which is the mandatory tag along offer for commom shares of Refinaria Petroleo Ipiranga, Distribuidora de Petroleo Ipiranga and Companhia Brasileira de Petroleo Ipiranga. Acording to the deal, Ultrapar acquired the fuel and lubricant distribution business in the South and Southeast Brazil and a smaller chemical company called EMCA. This new business segment is now responsible for 80% of the company's total revenues.

Ultragaz: Ultragaz was the first LPG distributor in Brazil and remains one of the largest players in the Brazilian LPG market. The company supplies both the bottled and bulk segments of the market and has operations in all of Brazil's significant population centers, with the exception of the northern region. Ultragaz supplies bottled LPG to more than seven million residential consumers, who use it for cooking and water heating. The company's distribution in the bottled segment includes sales through its own home delivery service, its retail stores and independent dealers. The bulk segment of the market includes commercial and industrial consumers, who are supplied through large cylinders and bulk deliveries. Ultragaz generates approximately 13% of Ultrapar's revenue.

Oxiteno: Oxiteno is a major Brazilian producer of commodity and specialty chemicals. The company's primary commodity products include ethylene oxide, ethylene glycols, ethanolamines, glycol ethers and methyl-ether acetates. These products are used in industrial applications such as the production of polyester, packaging, paints, varnishes and cosmetics. Oxiteno supplies both the domestic and international markets. Oxiteno generates 6% of the company's revenues.

Ultracargo: Ultracargo is one of the leading providers of integrated transportation and storage services to the LPG, petrochemical, and chemical industries in Brazil. Ultracargo generates the remaining 1% of UGP's revenues.

Ultrapar has been growing through acquisitions. On June 30, 2004, Ultrapar announced the acquisition of the operating assets of Rhodia Especialidades S.A. de C.V. in Mexico. In August 2003, Ultrapar acquired Shell Gas in Brazil also in 2003, an LPG distribution company. Ultragaz has achieved impressive economies of scale, due to the acquisition of Shell Gas. In December 2003, the company acquired Canamex, also located in Mexico.

During the fourth quarter 2006, UGP announced plans to acquire three companies outside Brazil, one in U.S., another one in Venezuela and the third one in Europe and on September 2007 UGP acquired by US$7.6 million Arch Andina in Venezuela, a subsidiary of the American company Arch Chemicals Inc. On March 2007, Ultrapar together with Petrobras (PBR) and Braskem (BAK) announced the acquisition of the Brazilian Ipiranga Group, in one of the largest acquisitions ever in Brazil.


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