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A cooperative sugar group, Tereos processes agricultural raw materials into sugar, alcohol and starch.

29 December 2016
Tereos announces the purchase of Petrobras’ stake in Guarani

Yesterday, Tereos announced the signing of an agreement to purchase the 45.97% stake in Guarani. held by Petrobras, through its subsidiary Petrobras Biocombustível, for a consideration of US$202 million.

Through this transaction Tereos, which already held 54.03% of Guarani’s share capital, will increase its stake to 100%, thus becoming the sole shareholder. 
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