EN 
PT_BR 
The international private equity firm Cinven acquired a majority stake in Amara NZero, B2B distributor of products and services used in the energy transition from ProA Capital. Financial terms of the transaction were not disclosed.
Headquartered in Madrid, Amara NZero has more than 1,800 employees, 810 of which are in Brazil, where it has been operating for 26 years. In addition to Brazil, Amara Nzero is also present in the USA, Mexico, Colombia, Portugal, Spain, Italy, Bulgaria, Romania, Greece and China.
“The entry of Cinven, one of the most important private equity firms in the world, with annual revenues of more than R$ 250 billion reais, with its majority stake, will allow Amara NZero to accelerate its growth and international expansion. Furthermore, it will allow the company to implement new strategies and expand functional capabilities, combining organic and inorganic growth, with even potential acquisitions”, stated the Amara group in a note.
After the acquisition by Cinven, ProA Capital reinvests in the company and continues as a minority shareholder in the group. Pablo Arnús, president of the company, and Gonzalo Errejón, CEO, maintain minority stakes in Amara NZero in this new stage.
“Amara NZero has achieved significant growth with the support of ProA Capital in recent years and now, with the entry of Cinven, it shows that we are on the right path. We now have another dimension and projection for the future, this will allow us to accelerate our business plan to stand out as world leaders and position ourselves among the best global distribution companies focused on the Energy Transition”, he commented Santiago Gonzalez, CEO of Amara NZero in Brazil.
