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Moove Lubricants
IPOMOOV.NYSEPast

Moove Lubricants

Lubricants

Company website ↗
Foundation year: 2008
Market capitalization
$1778.24mil
Employees
2199
IPO date
09/10/2024

About

The company is a holding entity, with its operating subsidiary engaged in the production and distribution of automotive, agricultural, and industrial lubricants.

Founded in 2008 following Cosan's acquisition of ExxonMobil’s Brazilian lubricant assets, the company serves approximately 140,000 clients across South America, the United States, and Western Europe. Moove operates as a global lubricants solutions provider, specializing in the formulation, manufacturing, distribution, marketing, sales, and servicing of lubricant products for a wide array of end markets and customers. The company offers a comprehensive portfolio of products and technical support, which are highly customized to meet the needs of its target markets, while simultaneously optimizing its cost structure, physical footprint, and working capital to enhance unit profitability and drive cash flow generation.

Headquarters

Av. Brigadeiro Faria Lima, 4,100 – 8th floor Sao Paulo – SP, 04538-132, Brazil,

Team

Chairman - Rubens Ometto Silveira Mello,  Director -  Filipe Affonso Ferreira,   Director -  Marcelo Eduardo Martins,  Director -  Nelson Roseira Gomes Neto

Financial information

Underwriters

J.P. Morgan, BofA Securities, Citigroup, Itau BBA, BTG Pactual, Santander, Goldman Sachs, Jefferies, Morgan Stanley

Prospectus ↗