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Principles of Consolidation and Investments in Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of Principles of Consolidation and Investments in Subsidiaries [Abstract]  
Investments in subsidiaries

The consolidated financial statements include the following direct and indirect subsidiaries:

 

 

 

 

% interest in the share

 

 

 

12/31/2021

 

12/31/2020

 

12/31/2019

 

 

 

 

Control

 

Control

 

Control

 

Location

Segment

 

Direct

 

Indirect

 

Direct

 

Indirect

 

Direct

 

Indirect

Ipiranga Produtos de Petróleo S.A.

Brazil

Ipiranga

 

100

 

-

 

100

 

-

 

100

 

-

     am/pm Comestíveis Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Icorban – Correspondente Bancário Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Ipiranga Trading Limited

British Virgin Islands

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Tropical Transportes Ipiranga Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Ipiranga Imobiliária Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Ipiranga Logística Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Oil Trading Importadora e Exportadora Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Iconic Lubrificantes S.A.

Brazil

Ipiranga

 

-

 

56

 

-

 

56

 

-

 

56

     Integra Frotas Ltda.

Brazil

Ipiranga

 

-

 

100

 

-

 

100

 

-

 

100

     Companhia Ultragaz S.A.

Brazil

Ultragaz

 

-

 

99

 

-

 

99

 

-

 

99

          Ultragaz Comercial Ltda.

Brazil

Ultragaz

 

-

 

100

 

-

 

100

 

-

 

100

          Nova Paraná Distribuidora de Gás Ltda. (1)

Brazil

Ultragaz

 

-

 

100

 

-

 

100

 

-

 

100

          Utingás Armazenadora S.A. (2)

Brazil

Ultragaz

 

-

 

57

 

-

 

57

 

-

 

57

     Bahiana Distribuidora de Gás Ltda.

Brazil

Ultragaz

 

-

 

100

 

-

 

100

 

-

 

100

     LPG International Inc.

Cayman Islands

Ultragaz

 

-

 

100

 

-

 

100

 

-

 

100

     Imaven Imóveis Ltda.

Brazil

Others

 

-

 

100

 

-

 

100

 

-

 

100

     Imifarma Produtos Farmacêuticos e Cosméticos S.A. (3)

Brazil

Extrafarma

 

-

 

100

 

-

 

100

 

-

 

100

     UVC Investimentos Ltda. (4)

Brazil

Others

 

-

 

99

 

-

 

99

 

-

 

-

Centro de Conveniências Millennium Ltda. and subsidiaries (5)

Brazil

Ipiranga

 

100

 

-

 

100

 

-

 

-

 

100

Oxiteno S.A. Indústria e Comércio (6)

Brazil

Oxiteno

 

100

 

-

 

100

 

-

 

100

 

-

     Oxiteno Argentina Sociedad de Responsabilidad Ltda.

Argentina

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Oleoquímica Indústria e Comércio de Produtos Químicos Ltda.

Brazil

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Oxiteno Uruguay S.A.

Uruguay

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Oxiteno México S.A. de C.V.

Mexico

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

          Oxiteno Servicios Corporativos S.A. de C.V.

Mexico

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

          Oxiteno Servicios Industriales S.A. de C.V.

Mexico

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

          Oxiteno USA LLC

United States

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Global Petroleum Products Trading Corp.

Virgin Islands

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Oxiteno Europe SPRL

Belgium

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Oxiteno Colombia S.A.S.

Colombia

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Oxiteno Shanghai LTD.

China

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

     Empresa Carioca de Produtos Químicos S.A.

Brazil

Oxiteno

 

-

 

100

 

-

 

100

 

-

 

100

Ultracargo – Operações Logísticas e Participações Ltda.

Brazil

Ultracargo

 

100

 

-

 

100

 

-

 

100

 

-

     Ultracargo Logística S.A. (7)

Brazil

Ultracargo

 

-

 

99

 

-

 

99

 

-

 

99

          TEAS – Terminal Exportador de Álcool de Santos Ltda.

Brazil

Ultracargo

 

-

 

100

 

-

 

100

 

-

 

100

          Tequimar Vila do Conde Logística Portuária S.A.

Brazil

Ultracargo

 

-

 

100

 

-

 

100

 

-

 

100

Ultrapar International S.A.

Luxembourg

Others

 

100

 

-

 

100

 

-

 

100

 

-

SERMA – Ass. dos usuários equip. proc. de dados

Brazil

Others

 

-

 

100

 

-

 

100

 

-

 

100

UVC – Fundo de investimento em participações multiestratégia investimento no exterior (8)

Brazil

Others

 

100

 

-

 

100

 

-

 

-

 

-

Eaí Clube Automobilista S.A. (9)

Brazil

Abastece aí

 

100

 

-

 

100

 

-

 

-

 

-

 

The percentages in the table above are rounded.

 

(1) Non-operating company in closing phase.
(2) In October 2020 there was a change in the share capital of the company Utingás, which became controlled by Companhia Ultragaz S.A. (“Cia Ultragaz”).
(3) On May 18, 2021 the Company announced the signing of an agreement for the sale of all shares of Extrafarma to Pague Menos. As of December 31, 2021, the Company reclassified the subsidiary's balances to “assets and liabilities held for sale”. For more details, see note 3.c.1.
(4) Subsidiary set up in January 2020 to provide valuation, business management and financial advisory services to UVC - Fundo de investimento em participações multiestratégia investimento no exterior (“UVC – Fundo de investimento”). In September 2020 the Company’s name was changed to UVC Investimentos Ltda (“UVC Investimentos”).
(5) In May 2020 there was a change in the interest of the capital of the subsidiary Millennium which became a direct subsidiary of the Company.
(6) On August 16, 2021, the Company announced the signing of agreement for the sale of its interest in Oxiteno S.A. to Indorama. As of December 31, 2021, the Company reclassified the subsidiary's balances to “assets and liabilities held for sale”. For more details, see Note 3.c.1.
(7)
In April 2021 the name of subsidiary Terminal Químico de Aratu S.A – Tequimar was changed to Ultracargo Logística S.A. (“Ultracargo Logística”).
(8) Fund set up on January 2020, the UVC has the purpose to monetize the resources of its shareholders through investment in promising companies in business segments that are complementary to the Company's businesses, with additional benefits such as of startups and new technologies.
(9) Subsidiary set up in July 2020, focused on digital payments and electronic retail, combining the “abastece aí” app and the “Km de Vantagens” program.