Coronavirus: How Brazil’s multinational Ambipar lived the best year in its history amid a crisis –poca Negócios

Coronavirus: How Brazil's multinational Ambipar lived the best year in its history amid a crisis --poca Negócios

Thiago da Costa Silva, Ambipar CFO (Photo: Disclosure)

Headquartered in Nova Odessa, in the interior of São Paulo, Brazil’s environmental management stood out in 2020 despite the multinational Ambipar epidemic. The first and main reason was the holding of its IPO in July. In its initial proposal, the company raised more than $ 1 billion and a large part of this resource has been invested in the acquisition of other businesses. There have been eight in the US, Canada, United Kingdom and Brazil so far.

In addition, the company, due to the health crisis, registered the development of its emergency services sector, due to increased demand for disruptive services. According to CFO, Thiago da Costa Silva, it all began when the UK government hired the company to disinfect an aircraft used to evacuate around 200 British and foreign nationals from Wuhan, China.

Since then, the company has expanded its operations, even reaching markets that were not on the radar such as retail stores and fast food chains.

In this Friday (March 12) episode of the NegNews podcast, Thiago reports on multinational performance in the event of a crisis, with a focus on ESG and some plans for 2021. Watch the full interview:

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About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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