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Welcome to our bi-weekly newsletter, where we share news about Votorantim and the companies in our portfolio, along with updates and insights about the market.
CCR’s Expansion
Grupo CCR has won another highway concession bid. This time, it secured the Paraná Integrated Highways, Lot 3 – a network of roads connecting the northern region of the state to Ponta Grossa, linking the roadway axis towards the Port of Paranaguá (PR). This achievement expands CCR Rodovias’ footprint in the sector and solidifies its presence in Southern Brazil, covering all three states. In October, the company also won the concession for the Sorocabana Route, a set of roads in São Paulo’s countryside.
Largest FIDC in the Market
Banco BV successfully concluded the largest public offering of a Credit Rights Investment Fund (FIDC) in the Brazilian market over the last three years. The operation totaled R$ 3.51 billion and attracted dozens of investors, who allocated resources to more than 180 funds. The FIDC’s investment thesis is based on transferring a selected portfolio of light vehicle financing, originated by the bank for the fund itself, which receives monthly payments for the financed vehicles and distributes returns to the investors during the same period.
Corporate Sustainability
Recently, CBA | Companhia Brasileira de Alumínio climbed to second place in the aluminum sector in S&P Global’s Corporate Sustainability Assessment (CSA). This evaluation covers over 13,000 companies globally, applying its proprietary classification system for industries and considering various criteria related to environmental, social, and governance (ESG) dimensions. This recognition highlights CBA’s commitment to producing increasingly sustainable aluminum.