Our history

Ultra Group: investing in Brazil’s energy and future

With more than 85 years of history and a trajectory marked by pioneering spirit, passion and commitment to the development of Brazil, we are proud to be present in the lives of millions of Brazilians every day.

Operating in the energy, mobility and logistics infrastructure verticals through Ultragaz, Ipiranga, Ultracargo and Hidrovias do Brasil, we combine the tradition of being the first company to distribute bottled gas in Brazil, founded by Austrian immigrant Ernesto Igel, with a passion for innovation and the future, a commitment that is constantly renewed through the eyes and ears of employees who have a deep connection with Brazil.

Our History

1937

Empreza Brasileira de Gaz a Domicílio is founded, being renamed in 1938 as Companhia Ultragaz S.A., originating Ultra Group.

Our History

1949

Ultragaz launches its home delivery system

Our History

1953

Creation of the holding company Cobrapar (Companhia Brasileira de Participações) and the retail store network Ultralar.

Our History

1961

Ultragaz reaches the milestone of one million customers.

Our History

1966

Creation of Transultra, a company that would later become Ultracargo, aimed at meeting the demand for high quality and safe transport services.
1966

Our History

1973

Start of Oxiteno’s production at the Mauá Petrochemical Complex (state of São Paulo).
Início da produção da Oxiteno no Polo Petroquímico de Mauá (SP).

Our History

1992

Ultra Group completes its restructuring process and focuses on three businesses: LPG distribution, chemicals and logistics.
Grupo Ultra conclui reestruturação e se concentra em três negócios: distribuição de GLP, química e logística.

Our History

1999

IPO on Bovespa (currently B3), in São Paulo, and on NYSE, in New York.
Ultrapar realiza abertura de capital na Bovespa (atual B3), em São Paulo e na NYSE, em Nova Iorque.

Our History

2003

Ultragaz acquires Shell Gas and achieves leadership position in the Brazilian LPG market.
Ultragaz adquire a Shell Gás e conquista a liderança no mercado brasileiro de GLP.

Our History

2007

Acquisition of Ipiranga as a strategy to expand to the fuel distribution segment.
Aquisição da Ipiranga faz avançar estratégia de expansão na distribuição de combustíveis.

Our History

2008

The acquisition of Terminais União doubles the size of Ultracargo and reshapes its strategy.
Aquisição da União Terminais faz Ultracargo dobrar de tamanho e reformular sua estratégia.

Our History

2009

Completion of acquisition of Texaco’s operations in Brazil by Ipiranga.
Conclusão da aquisição das operações da Texaco pela Ipiranga no Brasil.

Our History

2017

Creation of ICONIC, a joint venture with Chevron.
Criação da ICONIC, joint-venture com a Chevron.

Our History

2019

Ultrapar began to establish itself as a holding company, responsible for allocating capital and maximizing the value generation of its businesses.
Ultrapar passou a se constituir como empresa holding, responsável pela alocação de capital e maximização da geração de valor de seus negócios.

Our History

2020

New initiatives: abastece-aí and Ultra Venture Capital.
Novas iniciativas: abastece-aí e UVC Investimentos.

Our History

2021

Portfolio review: divestment of Oxiteno, Extrafarma and ConectCar.
Revisão de portfólio: desinvestimentos da Oxiteno, Extrafarma e ConectCar.

Our History

2022

85 years of Ultra Group

Acquisition of Stella Energia and NEOGás.

Our History

2023

Acquisition of Opla terminal, in Paulínia (state of São Paulo).
Ultracargo

Our History

2024

Launch of the new Ultra Group brand.

Ultra

abastece-ai rebranded to KMV.

KMV

Acquisition of ownership position in Hidrovias do Brasil.

Ultra
KMV