Aegea Saneamento has acquired 100% of Corsan
December 2022 — Aegea Saneamento has acquired Corsan as part of the privatization process led by the state of Rio Grande do Sul. Aegea partnered with the private equity firms Perfin and Kinea Investimentos in this acquisition.
Aegea Saneamento is a Brazilian company that provides water and sewage services to residential, commercial and industrial customers. They focus on sustainable solutions to improve the quality and accessibility of these essential services. The company operates in several Brazilian states, including São Paulo, Minas Gerais, and Bahia. Today, more than 21 million people are served in 154 cities across the country.
Corsan is a mixed capital company controlled by the state of Rio Grande do Sul, which owns 99.99% of its shares. The company is headquartered in Porto Alegre and serves a total of 317 municipalities with water and waste water services. This broad coverage means Corsan is the largest player in the region, reaching over 6.3 million people.
Our role in the transaction
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to Aegea Saneamento which placed the winning bid in the auction for the privatization of Corsan.
Talk to the deal team
Richard Rainer
Oaklins Olimpia Partners
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more