Exame.com by Graziella Valenti - 05/16/2022
By Equipe de Redação
Posted in May 16, 2022
Cristina Andriotti, CEO of Ambipar Environment, during the recording of the talk show at Exame’s studio (Reproduction/Exame). The company had a revenue of R$ 485 million in 2019 and, considering acquisitions, reached R$ 2.7 billion in 2021.
Ambipar was one of the first companies to go public with an initial public offering (IPO) on B3, after the COVID-19 pandemic hit. It was mid-2020. Cristina Andriotti, CEO of Ambipar Environment, tells on the talk show EXAME IN that the company had been preparing to list shares since 2012. Therefore, as soon as the capital markets showed the first signs of reopening, they didn’t hesitate to access it.
Since then, the company has made about 40 acquisitions. Their ambition is to have a complete platform to offer to companies, from diagnosis, management, waste disposal, to the carbon market and emergency response actions. Thus, the business is no longer just about waste, but about comprehensive environmental management. The exact amount the company invested in this effort is a secret, but the result is not.
In 2021, considering all acquisitions, Ambipar achieved a size that resulted in a net revenue of R$ 2.7 billion, with nearly R$ 750 million in EBITDA. Apart from acquisitions, the company also invests in research and development to create and innovate in waste usage. “Today we have more than 20 patents,” says Cristiana.
A year before going public on B3, in 2019, Ambipar had a net revenue of R$ 485 million — it is now 5 times larger. Currently, Ambipar operates in 18 countries and divides its operation into two units: Ambipar Environment and Ambipar Response. The international demand for solutions, according to Cristina, came from their own clients operating outside Brazil. “Environmental issues have become goals for CEOs of companies as well,” emphasizes the executive, recalling that this wasn’t the reality when they started operating in this market.
In addition to Ambipar Environment’s CEO, the show has already hosted Roberto Funari (Alpargatas), Abilio Diniz (GPA), Felipe Miranda (Empiricus), Eduardo Mufarej (GK Ventures), Augusto Lins (Stone), Rodrigo Abreu (Oi), Cláudia Woods (WeWork), Dennis Herszkowicz (Totvs), Daniel Silveira (Avon), Túlio Oliveira (Mercado Pago), Carlos Brandão (Iguá Saneamento), as well as the founders of OpenCo, Sandro Reiss and Rafael Pereira, and Fersen Lambranho, chairman of the board of directors of GP Investimentos and G2D. The show has also welcomed guests like Marcelo Barbosa, president of the Securities and Exchange Commission of Brazil (CVM), Daniel Castanho, founder and chairman of the board of directors of Ânima Educação, Daniel Peres, founder of Tropix, a marketplace for digital art NFTs, to delve into the metaverse, Ricardo Mussa, president of Raízen, and Ricardo Faria, the entrepreneur who is the largest emerging figure in the country’s agribusiness sector.
The show welcomes prominent figures from the corporate and financial world for a relaxed chat about the main challenges, learnings, and opportunities in the Brazilian market in their respective fields. The episodes can be found on EXAME’s YouTube channel and also on Spotify.
What is EXAME IN
The show complements the content production of EXAME IN, the digital business news boutique of EXAME, which also features a newsletter since March 2020 (subscribe for free to receive it via email). Led by Graziella, the newsletter aims to provide access to information about the capital market, business, and startups.
