Grupo Ultra
With 88 years of history, the Grupo Ultra is a benchmark for pioneering spirit, operational excellence, and commitment to Brazil’s development. Founded in 1937 by Ernesto Igel through the creation of Brazil’s first bottled gas distribution company, the Group began a trajectory marked by the consolidation of businesses essential to the country’s economy.
Over the decades, it expanded and diversified its operations, establishing a strong presence in the energy, mobility, and logistics infrastructure sectors. Today, the Grupo Ultra ranks among Brazil’s largest business conglomerates, with a portfolio of companies that includes Ipiranga, Ultragaz, Ultracargo, and Hidrovias do Brasil.
Ultrapar
Ultrapar is the holding company of the Grupo Ultra, responsible for capital allocation and portfolio management, with a focus on long-term value creation. Managed with discipline and efficiency, it has consolidated its position as one of Brazil’s largest business groups, with shares traded on B3 and the New York Stock Exchange (NYSE). Its current portfolio comprises companies with leading positions in their respective sectors — Ipiranga, Ultragaz, Ultracargo, and Hidrovias do Brasil — with operations across all regions of Brazil and, through Hidrovias do Brasil, also in Argentina, Paraguay, and Uruguay.
Since its initial public offering, the Company has undertaken significant strategic moves to expand and recycle capital, including acquisitions that strengthened the leadership positions of Ultragaz and Ultracargo, the acquisition of Ipiranga and Texaco’s fuel distribution operations in Brazil, organic investments to expand all of its businesses, the divestment of Oxiteno and Extrafarma, and, more recently, entry into the waterway logistics segment through the acquisition of control of Hidrovias do Brasil.
With financial discipline, efficient capital allocation, robust governance, operational excellence, incentive alignment, respect for minority shareholders, and a long-term perspective, Ultrapar remains committed to creating value for shareholders, customers, and society, continuously evolving in a dynamic and challenging environment while investing in the energy and future of Brazil.
