Court releases Liquigas ' Distributor sale

By unanimous decision, the Federal Court maintained the decision of the Federal Court of Sergipe, in relation to the continuation of the process of sale of the shareholding of the Liquigas-Doimo Distribuidora S.A.

The transaction had been approved in January, with the value of R$2,67 billion to the Group Ultragaz. The State-controlled 100% of the capital of the Liquigas-Doimo and reported that the sale makes your Strategic Plan, which aims to optimize the business portfolio, with a focus on oil and gas, leaving entirely of liquefied gas distribution activities. The program has totaled $ $13.6 billion in the 2015-2016 biennium to the coffers of the company.

The Liquigas-Doimo acts in the bottling, distribution and sales of liquefied petroleum gas (LPG) and is present in almost all the Brazilian States. The company has 23 operating centers, 19 tanks, a storage base and road charging and a network of approximately 4,800 authorized resellers.

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