Profile and history

Grupo Ultra

With 88 years of history, Grupo Ultra is recognized for its pioneering spirit, innovation, and commitment to Brazil’s development. Founded in 1937 by Ernesto Igel, starting with the creation of the first Brazilian company dedicated to bottled gas distribution, 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, it ranks among the largest business conglomerates in Brazil, with a portfolio composed of Ipiranga, Ultragaz, Ultracargo, and Hidrovias do Brasil.

Ultrapar

Ultrapar is the holding company of Grupo Ultra, responsible for capital allocation and the management of its investment portfolio, with a focus on long-term value creation conducted in a disciplined and efficient manner. Established in 1999 as a result of Grupo Ultra’s corporate reorganization process, it has consolidated itself as one of the largest business groups in Brazil, with shares traded on B3 and the New York Stock Exchange (NYSE). Its current portfolio is made up of companies with leading positions in their respective sectors — Ipiranga, Ultragaz, Ultracargo, and Hidrovias do Brasil — with presence throughout all regions of Brazil and, through Hidrovias do Brasil, operations in Argentina, Paraguay, and Uruguay.

The creation of Ultrapar as a holding company aimed to promote greater efficiency in business management, strengthen corporate governance practices, and increase transparency for the market. Since then, the Company has executed relevant strategic movements, including the acquisition of Ipiranga and Texaco’s fuel distribution operations in Brazil, the expansion of Ultracargo through investments in bases and port terminals, and more recently, entry into the waterway logistics segment with the acquisition of control of Hidrovias do Brasil.

With a trajectory marked by financial discipline, socio‑environmental responsibility, and a long‑term vision, Ultrapar maintains its commitment to creating value for shareholders, customers, and society, continuously evolving in a dynamic and challenging environment and investing in energy and in Brazil’s future.

Our portfolio

A complete offering of products
and services for the mobility
journey

Ipiranga is part of the daily lives of millions of Brazilians through the sale of high-quality fuels, operating one of the largest fuel distribution networks in the country, AmPm convenience stores, production and sale of lubricants through ICONIC, as well as one of Brazil’s largest loyalty programs, KM de Vantagens.

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5.9 thousand
service stations
23.5 million
of liters sold
1,447 AmPm
stores
1,145
Jet Oil units
38 million
participants in KMV

Energy solutions platform and
pioneer in the LPG market

Aiming to expand its energy solutions offering, the pioneering company in the liquefied petroleum gas (LPG) market began providing renewable electricity for businesses and households, as well as compressed natural gas (CNG) and biomethane for corporate clients, establishing itself as a comprehensive energy solutions platform.

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1,7 million
tons sold in 2024
Providing

services in 23 states of Brazil and the Federal District

11 million
homes supplied
57 thousand
business customers

Largest independent liquid bulk
storage company

As Brazil’s largest independent liquid bulk storage company, Ultracargo has been advancing its growth and inland expansion strategy, connecting Brazilian ports to the country’s interior through multipurpose terminals, enhancing its value proposition for customers.

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1 million
m³ of total static capacity
17 million
m³ sold in 2024
Present
in the inland and in the main logistics hubs in Brazil.

Leader and pioneer in the
waterway transportation sector

Hidrovias is emerging as a standout provider of competitive, low-carbon logistics solutions, handling grains, minerals, and fertilizers, with a focus on leveraging waterway transport across South America.

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+15 million
of tons handled in 2024
+30 million
pushers and +450 barges
Operation
in 4 countries