# Petrobras Acquires Full Ownership of Ethanol Logistics Firm Logum State-owned giant secures ethanol supply chain control through a 620 million reais acquisition. - **Source:** [Agência Brasil](https://agenciabrasil.ebc.com.br) - **Published:** 2026-11-12 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/c13c5aa5-d693-4f1e-bcad-5de753498e2b ## Full Control Acquisition Petrobras has signed an agreement to acquire the remaining 70% stake in Logum Logística, becoming the sole owner of the ethanol transport firm. The state-owned company previously held 30% of the capital. The deal involves a total payment of 620 million reais to partners Raízen, Copersucar, and Uniduto Logística. ## Payment Structure Details The 620 million reais transaction will be executed in three distinct installments. An initial payment of 300 million reais occurs at the closing of the deal. The remaining balance will be settled in two equal payments of 160 million reais, scheduled for 12 and 24 months after the initial closing date. ## Regulatory Approval Process The acquisition remains subject to standard closing conditions, most notably the approval by the Administrative Council for Economic Defense (Cade). As Brazil's antitrust regulator, Cade must evaluate the operation to ensure it complies with competition laws. The final transfer of ownership depends on this formal government authorization and contractual adjustments. ## Logistical Network Scope Logum operates a vast network spanning over 1,000 kilometers of pipelines. The system connects production units in Minas Gerais and São Paulo to key distribution hubs in Barueri, Guarulhos, and Duque de Caxias. It also links to the Ilha D’Água maritime terminal, facilitating both domestic cabotage and international ethanol exports. ## Strategic Market Rationale Petrobras views this acquisition as a strategic move into the country's primary ethanol corridor. The company highlights the growth of corn-based ethanol production in the Center-West region as a key driver. Integrating Logum’s pipeline network into the broader Petrobras system is expected to generate significant operational synergies and asset value. ## Renewable Energy Transition This purchase aligns with Petrobras's business plan to diversify its portfolio toward renewable and low-carbon energy sources. By expanding its footprint in the ethanol sector, the company aims to secure a more sustainable revenue stream. This shift reflects a broader corporate strategy to transition away from pure fossil fuel dependence. ## Environmental Impact Metrics Pipeline transport offers lower greenhouse gas emissions compared to road freight. Moving 1 million cubic meters of ethanol annually via pipelines removes approximately 80 trucks from highways daily. Logum estimates that by 2030, this infrastructure will have prevented 1.4 million tons of CO2 emissions by replacing 1.2 million truck trips. ## Operational Scale Context The scale of Logum's operations is significant for the Brazilian biofuel market. During the 2025-2026 harvest season, the company successfully moved approximately 5 million cubic meters of product. This acquisition solidifies Petrobras's control over a critical piece of infrastructure that supports the national transition toward cleaner, more efficient energy logistics. ## Sources covering this story - https://agenciabrasil.ebc.com.br/economia/noticia/2026-11/petrobras-faz-acordo-para-deter-100-da-transportadora-de-etanol-logum — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._