- CEO
- Fernando Antonio Simões
- Full Time Employees
- 56,000
- Sector
- Transportation
- Industry
- Air freight/Couriers
- Address
- Rua Doutor Renato Paes de Barros São Paulo SP Brazil 04530-001
- IPO Date
- Sep 18, 2020
- Business
- Simpar S.A. (SIMH3) operates as a diversified holding company overseeing independent subsidiaries in logistics, mobility, equipment rental, public services, vehicle dealerships, infrastructure concessions, waste management and financial services. The company, founded in 1956 and headquartered in Mogi das Cruzes, Sao Paulo, Brazil, manages operations throughout Brazil and in select South American countries and South Africa through eight key subsidiaries: JSL, leader in integrated road logistics including dedicated supply-chain services, freight transportation, warehousing and urban distribution; Movida, one of Brazil's largest providers of car rental, fleet management and used vehicle sales; Vamos, the top truck, machinery and equipment rental firm with sales of pre-owned heavy assets; CS Brasil, specializing in fleet outsourcing and management for public sector and mixed-economy entities, including urban cleaning and passenger transport; Automob, a major vehicle dealership network offering sales, after-sales services and insurance for light and heavy vehicles across multiple premium brands; CS Infra, focused on infrastructure concessions and public-private partnerships encompassing highways such as Grãos do Piauí, port terminals at Aratu, BRT systems and urban revitalization projects; Ciclus Ambiental, an integrated solid waste management platform transforming waste into biomethane and fertilizers via operations like Ciclus Rio and Ciclus Amazônia; and BBC Digital, a multiple bank providing financing, digital accounts and prepaid cards targeted at professional drivers. Simpar's subsidiaries employ a hybrid asset-light and asset-heavy model, emphasizing long-term contracts, cross-selling synergies and resale of used assets to enhance returns, with consolidated net revenue reaching BRL 38.8 billion for the 12 months ended September 2024.
In recent developments, Simpar completed a strategic reorganization in October 2024 involving the spin-off of heavy-vehicle dealerships from Vamos and their merger into Automob to streamline operations and capture synergies in vehicle sales and productivity. The company established Ciclus Ambiental in 2024 as a dedicated holding for waste management, incorporating assets like Ciclus Rio—the largest waste treatment center in Latin America—and the Ciclus Amazônia PPP concession for urban cleaning in Belém extending to 2054. Earlier expansions included Automob's acquisitions of dealership networks such as Sagamar, Autostar, Grupo Green, Nova Quality, Grupo Alta and Best Points through 2023-2024, alongside Vamos' purchases of Tietê Veículos and DHL Tratores, and JSL's integration of Truckpad for digital logistics enhancement. These moves conclude a multi-year investment cycle exceeding BRL 65 billion net, shifting focus to value maximization, efficiency and organic growth across its portfolio as of late 2024.