Ultrapar Mulls Fuel Distribution Buildout

Ultrapar Mulls Fuel Distribution Buildout

People Corporate & Sovereign Strategy

Ultrapar, the Brazilian fuel and gas specialist, hopes to increase ownership of the fuel distribution business in the northeast, central west, and northern regions of Brazil, Pedro Wongtschowski, CEO, tells LatinFinance. “It will be a combination of organic and acquisitive growth,” says the executive. “We don’t have a [specific] budget for acquisitions,” he adds. Wongtschowski notes that he would also not look to hire financial advisors for those purchases since his company’s internal executives

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