Acquisitions in Rio Grande do Sul, Brazil

Brazilian fintech Celcoin has acquired CobranSaaS in a 100% cash transaction to strengthen its credit infrastructure capabilities. CobranSaaS provides loan and debt-collection management software (processing ~6M payments/month) and will be integrated into Celcoin's B2B financial infrastructure offerings following Celcoin's $120M Series C in June 2024.

Valmet has completed its acquisition of Demuth, a Brazilian provider of wood handling solutions and services for the pulp industry in South America, following an agreement announced on December 22, 2023. The transaction value was not disclosed and closed after competition-authority approval, with Demuth’s operations to be included in Valmet’s financial reporting starting in Q3 2024.

Rototech, backed by Quadrivio Group’s Industry 4.0 Fund, acquired a majority stake in Tecnotri Indústria de Plásticos Ltda, a Brazilian rotational-moulding plastics manufacturer. The acquisition expands Rototech’s presence in Brazil and broadens its product offering and local production capabilities for automotive truck and farming machinery customers. Tecnotri founder Leonardo Segatt retains a minority stake and the existing management team will continue to run the business.