Mattos Filho advised Ultragaz, the liquefied petroleum gas (LPG) distributor of Ultra Group, on the acquisition of NEOGás, the leader in compressed natural gas (CNG) distribution in Brazil, which was advised by Ciccone Advogados.
The deal was closed for R$ 165 million.
The transaction represents the beginning of Ultragaz’s operations within Compressed Natural Gas.
Mattos Filho Advogados advised Ultragaz and relied on partner Maria Fernanda de Almeida Prado e Silva (pictured top left) and associates Joana Pimentel Gomes Reimão and Ana Júlia Lissoni Cornélio.
Ciccone Advogados advised Neogás, and relied on partner Rodrigo Ciccone (pictured top right).
TozziniFreire Advogados also participated at this deal, advising GEF Capital (vendor) and relied on partners João Busin (pictured bottom left), Thiago Medaglia (pictured bottom right) and associates Victor Frias Françoso, Mylla Mattar and Barbara Queiroz.