By Brazil Stock Guide – Sabesp Participações, a wholly owned unit of Companhia de Saneamento Básico do Estado de São Paulo (SBSP3 BZ), agreed to acquire a 90% stake in Saneamento de Mirassol (Sanessol SA), expanding its footprint in water supply and sewage treatment services in the municipality of Mirassol, São Paulo state.
The transaction was cleared without restrictions by Brazil’s antitrust authority, the Administrative Council for Economic Defense (Cade), according to a ruling published in the official gazette.
The acquisition is part of Sabesp’s broader strategy to consolidate operations in key regional markets and strengthen its position in essential sanitation services. The deal allows the company to advance its operational planning and scale infrastructure in Mirassol.
The stake was previously held by Iguá Saneamento SA. The divestment aligns with Iguá’s portfolio management strategy, focusing on assets under development and projects with higher value-generation potential. Proceeds from the sale will be used to strengthen the company’s cash position.
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