Industry: Oil & Gas Refining & Marketing

Sector: Energy

Ultrapar Participaes S.A. engages in the gas distribution, fuel distribution, and storage businesses primarily in Brazil, Europe, Singapore, the United States, Canada, other Latin American countries, and internationally. The company's Gas Distribution segment distributes liquefied petroleum gas to residential, commercial, and industrial consumers primarily in the South, Southeast, and Northeast regions of Brazil. Its Fuel Distribution segment distributes and markets gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants in the Brazilian territory; operates convenience stores; and offers lubricant-changing and automotive specialized services. The company's Storage segment operates liquid bulk terminals primarily in the Southeast and Northeast regions of Brazil. It also operates Abastece A, a digital payments app; and offers Km de Vantagens, a loyalty program. The company was founded in 1937 and is headquartered in So Paulo, Brazil.

ULTRAPAR HOLDINGS INC is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.