Petrobras strengthens its logistics infrastructure by acquiring 100% of Logum Logística S.A., a strategic move valued at R$620 million to integrate national pipeline networks.
Petrobras finalized, on Thursday (12), a large-scale transaction in the fuel logistics sector by announcing the purchase of the remaining 70% of Logum Logística S.A. With a payment of R$620 million, the state‑owned company moves from a minority shareholder to full control of the firm, a leader in multimodal transport of ethanol and other derivatives.
The strategic decision not only expands the company’s asset portfolio but also signals an effort to optimize the link between the country’s main production centers and its distribution hubs. Integrating Logum’s pipeline network into Petrobras’s existing operational system promises to unlock long‑standing bottlenecks in biofuel flow.
Operational efficiency and network expansion
The acquired asset is of fundamental importance to the sector. With a network exceeding 1,000 kilometers of pipelines, Logum serves as a logistical backbone connecting key terminals in cities such as Uberaba (MG), Ribeirão Preto (SP), and Paulínia (SP). The transaction marks the definitive exit of partners such as Raízen Energia S.A., Copersucar S.A., and Uniduto Logística S.A. from the corporate structure.
For Petrobras, full control of the network is a crucial step toward aligning with its long‑term corporate objectives. In an official statement on the acquisition’s impact, the state company highlighted the infrastructure’s relevance to its future plans:
The transaction enables operational facilitation by integrating Logum’s pipeline network into the Petrobras system, connecting Brazil’s production hubs to logistics infrastructure.
Financial schedule and next steps
The payment will be made in installments, following a financial plan that extends over the coming years. The first tranche, amounting to R$300 million, will be paid upon the formal closing of the operation. The remaining balance of R$320 million will be settled in successive payments over the next two years, subject to standard contractual adjustments.
This move is directly incorporated into the company’s current Business Plan. The core strategy is to strengthen the firm’s presence in renewable and low‑carbon energy segments, leveraging its robust logistics capabilities to boost efficiency and competitiveness in the domestic market as demand for more sustainable energy sources continues to rise.