Vibra Energia S.A. (BOVESPA:VBBR3) agreed to acquire 50% stake in ZEG Biogas e Energia S.A. from ZEG Energias Renováveis S.A and FSL Consultoria Empresarial Ltda for approximately BRL160 Million on July 2, 2022. Total Consideration includes primary contribution of BRL 30 million, at the closing of the transaction, and a secondary installment of BRL129.5 million. Vibra also negotiated options to potentially reach a 70% stake in ZEG Biogas in the future, and eventually take over the business. The transaction was approved by its Board of Directors of Vibra Energia S.A. (BOVESPA:VBBR3). The effective conclusion of the transaction will be subject to the verification of certain conditions precedent, including obtaining the approval of the Administrative Council for Economic Defense (CADE). As of Aug 18, 2022 CADE approved the deal. RGS Partners acted as financial advisor while Carlos Motta of Mayor Brown LLP acted as legal advisor for ZEG Biogas e Energia SA. Trench Rossi E Watanabe Advogados acted as legal advisor for Vibra Energia S.A.

Vibra Energia S.A. (BOVESPA:VBBR3) completed the acquisition of 50% stake in ZEG Biogas e Energia S.A. from ZEG Energias Renováveis S.A and FSL Consultoria Empresarial Ltda on September 16, 2022.