Dossier
Ipiranga
Coverage of Ipiranga in the Nexus archive.
- Fuel Giant Ultrapar’s Profit Jumps 151% as Brazil Cracks Down on Fuel Fraud
Ultrapar, the parent company of Brazil's Ipiranga fuel-station network, reported a 151% year-over-year increase in first-quarter net profit to R$914 million, driven by Brazil's crackdown on fuel fraud. The company's subsidiaries include Ultragaz, Ultracargo, and other energy-related operations.
- Canada’s Couche-Tard Joins the Race for a Slice of Brazil’s Ipiranga
Canada’s Alimentation Couche-Tard is in talks with Grupo Ultra to buy a stake in Brazil’s second-largest fuel distributor, Ipiranga, which operates over six thousand service stations and generates more than one hundred and forty billion reais in annual revenue.