With the acquisition, Ambipar now has 14 operational bases strategically located on the main routes and points with a history of accidents in Colombia
By Equipo de Redacción
Posted in July 13, 2021
Ambipar, a leader in environmental management, acquired yet another emergency service company, this time SABI Tech, which is the market leader in Colombia. With the acquisition, the Company now has 14 bases strategically located on the main routes and in points with a history of accidents in the country.
SABI has been operating for 17 years in the provision of services focused on responding to environmental emergencies in the road modal. It also has a risk management system and full tracking of trucks with on-board high technology, in which it is also the market leader, with 55% of the Market Share. It also has 61 checkpoints for trucks or drivers, strategically located on the main Colombian highways. The acquired company had revenues of US$4.3 million in 2020.
According to Ambipar’s Investor Relations Director, Fábio Castro, the acquisition of SABI Tech geographically expands the company’s presence in South America, achieving greater capillarity. “The company brings us differentiated fleet management and monitoring technology that can be used worldwide by Ambipar and offered to customers globally. As a result, we generate operational and administrative synergies, in addition to cross-selling opportunities. This is yet another acquisition in line with the strategic growth plan, capturing synergies and potentially maximizing margins and returns,” he says.
The SABI Tech acquisition is the third focused on the Response segment in the past two weeks. Ambipar acquired the remaining 50% of Suatrans Chile, gaining full control of emergency response services in South America. The company also strengthened its presence in North America with the purchase of 100% of EMS Environmental, reaching 3 new states: New York, Pennsylvania, and North Carolina in the United States.
Ambipar’s global expansion plan has already taken emergency services to 16 countries in South America, North America, Antarctica, Africa, and Europe, through organic growth and M&A, making the Response segment a global reference in the sector. In total, this is the 16th acquisition after the IPO.
About Ambipar:
Headquartered in Nova Odessa, SP, Ambipar is a Brazilian multinational, present in 16 countries in South America, Europe, Africa, North America, and Antarctica. Formed by Ambipar Environment and Ambipar Response, two reference segments in the environmental management market, it has in its DNA the commitment to sustainable issues, working the ESG Pillars within its business, and supporting its clients.
Ambipar went public in July 2020. It was the first environmental management company to be listed on B3, the Brazilian stock exchange. It started its global expansion plan even before the IPO and, since then, it has pursued organic growth and through M&A. After going public, 16 companies were acquired in the Environment and Response segments. It also acquired two businesses in the software area, reinforcing its performance in environmental management, ensuring effective compliance, relying on technology and artificial intelligence.
With several registered patents for sustainable products, it promotes the circular economy and helps companies with the correct disposal of their waste through the Research, Development, and Innovation (RD&I) sector. Among the main innovations, ECOSOLO stands out, a soil conditioner produced from organic waste and ECOBASE, a base for roads and cementitious artifacts for civil construction using mineral residues from the paper and cellulose industry, as well as COLLAGEN soap developed on the basis of collagen in the pharmaceutical sector.
It has several certifications, including ISO (9001, 14001, 45001, 22320), Health, Safety, Environment and Quality Assessment System (HSEQ), and follows the GRI (Global Reporting Initiative) indicators. In addition, it won the Together for Sustainability (TFS) certification, participates in the CEBDS (Brazilian Business Council for Sustainable Development), among others. The organization is a signatory of the Global Compact.
