Tegma Gestao Logistica SA : Tegma entered into a business purchase and sale agreement with LTD Transportes Ltda.
January 10, 2012 at 03:31 pm
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São Bernardo do Campo, January 10, 2012 - Tegma Gestão
Logística S.A. (BM&FBovespa: TGMA3), an integrated
logistics services company and leader in the new-vehicle
logistics segment for the automotive industry, pursuant to
Paragraph 4, Article 157 of Law 6,404/1976 (as amended) and
Article 2 of CVM instruction 358/2008 (as amended), hereby
informs the Securities and Exchange Commission of Brazil
(CVM), the São Paulo Stock Exchange (BM&FBOVESPA), its
shareholders and the market in general of the following.
1. On January 10, 2012, it entered into a business purchase
and sale agreement with LTD TRANSPORTES LTDA
("LTD") and its partners, for the acquisition by
TEGMA of LTD.
2. Among the conditions typical in operations of this
nature, the implementation of the acquisition is subject to
financial, operational and legal audits of LTD to confirm
commercial positions, as well approval by TEGMA's Board
of Directors.
3. LTD is a cargo distributer in the e-commerce segment.
Gross revenue in 2011 is estimated at forty-five million
reais (R$ 45,000,000.00).
4. The acquisition is in line with TEGMA's long-term
strategy of expanding and consolidating its activities in
the distribution segment.
5. TEGMA further declares that the Acquisition Agreement
contains clauses typical to similar operations, that the
information disclosed here reflects the current stage of
the acquisition negotiations and that, in line with the
standards of information and transparency adopted by TEGMA,
the company will publicly inform the CVM, the BM&FBOVESPA,
its shareholders and the market in general of any
developments in regard to the acquisition negotiations.
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Tegma Gestao Logistica SA is a Brazil-based company engaged in the transportation sector. The Company is primarily involved in logistic services for the automotive industry. In addition, it provides transportation services for companies active in other areas, including fuel, agribusiness, pulp and paper, chemical, telecommunications and electronics industry. The Company also provides warehousing services. Additionally, the Company provides inspection services for imported vehicles. Through its subsidiary Direct Logistica Integrada SA, the Company offers courier services. As of December 31, 2011, the Companyâs subsidiaries were Tegmax Comercio e Servicos Automotivos Ltda, TGI Comercio Atacadista de Pecas Automotivas Ltda, Tegma Cargas Especiais Ltda, Tegma Logistica Integrada SA, PDI Comercio e Industria e Servicos Ltda, Direct Logistica Integrada SA and Niyati Empreendimentos e Participacoes Ltda. On February 1, 2012, the Company completed the aquisition of LTD Transportes Ltda.