StockWatch
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Steel/Iron Ore
AcquisitionsJul 21, 2026, 06:11 AM

Gerdau Completes Acquisition of 23.03% Stake in DFESA for R$154M

AI Summary

Gerdau S.A. announced the completion of its acquisition of a 23.03% equity stake in Dona Francisca Energética S.A. (DFESA) from Centrais Elétricas de Santa Catarina S.A. The transaction, valued at an enterprise value of R$150 million, resulted in a total cash disbursement of approximately R$154 million, funded with Gerdau's own resources. This acquisition is strategically aligned with Gerdau's capital allocation discipline, aiming to enhance its cost structure competitiveness through expanded renewable energy self-production and support its decarbonization goals.

Key Highlights

  • Gerdau completed the acquisition of a 23.03% equity stake in Dona Francisca Energética S.A. (DFESA).
  • The stake was acquired from Centrais Elétricas de Santa Catarina S.A. (CELESC).
  • The transaction was valued at an enterprise value of R$150 million.
  • Total cash disbursement for the acquisition was approximately R$154 million.
  • The acquisition was fully paid in cash using Gerdau's available resources.
  • The acquisition aims to increase competitiveness through renewable energy self-production.
  • It aligns with Gerdau's previously disclosed decarbonization strategy.