Solvi Essencis Acquires Amplitec and Essencial for R$115M in São Paulo

Solvi Essencis Ambiental has signed a contract to acquire 100% of Amplitec Gestão Ambiental and Essencial Central de Tratamento de Resíduos, waste management firms in interior São Paulo, for an enterprise value of R$115 million. The deal, advised by ADVISIA Investimentos, is subject to closing conditions. This consolidation in Brazil's waste management sector signals continued M&A activity in the environmental services market.