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February 14, 2016 10:44 AM ET

Air Freight and Logistics

Company Overview of Vix Logística S.A.

Company Overview

Vix Logística S.A., together with its subsidiaries, provides customized logistics solutions in Brazil. The company offers fleet management and outsourcing, and vehicle renting services; and charter solutions, such as the daily transportation of employees, shuttle services and special trips, development and implementation of routing projects, and fleet optimization services. It also provides automotive logistics services, including port operations, transportation of parts, management of patios and warehousing, and automotive services through a fleet of approximately 450 vehicles; distributes new vehicles; and develops specialized equipment comprising electro-hydraulic lift systems, loading an...

Avenida Jerônimo Vervloet, 345

Goiabeiras

Vitória, ES 29075-140

Brazil

Phone:

55 27 2125 1800

Key Executives for Vix Logística S.A.

Chief Executive Officer, Member of Board of Executive Officers, Director and Chairman of Corporate Governance & People Management Committee
Chief Financial & Investor Relations Officer, Member of Board of Executive Officers and Member of Risk & Internal Audit Committee
Chief Operating Officer, Member of Board of Executive Officers and Member of Corporate Governance & People Management Committee
Member of Board of Executive Officers, Executive Administrative Officer, Member of Risk & Internal Audit Committee and Member of Corporate Governance & People Management Committee
Executive Officer for Fleet Service and Member of Board of Executive Officers
Compensation as of Fiscal Year 2015.

Vix Logística S.A. Key Developments

IFC Reportedly In Talks To Acquire Stake In Vix

International Finance Corporation (IFC) is reportedly in talks to acquire Vix Logística S.A. The deal could raise as much as $90 million.

Vix May Revive Listing Plans

Vix Logística S.A. is planning to get listed in 2015. On April 23, 2014, Chief Financial Officer, Andre Gaia said that the company may resume its plans for an Initial Public Offering (IPO) if it completes successfully the talks with a new shareholder. The company decided to shelve its IPO plans in 2014 since it expects the year to be tough due to the upcoming FIFA World Cup and the elections in the country. According to the news report, Vix declined to announce the IPO's value or the stake it will offer to the new shareholder. After Vix postponed its IPO plans, it started talks with the World Bank's International Finance Corporation (IFC), on BRL 200 million financing. According to Vix's President, Kaumer Chieppe, the company intends to use the funds for expansion.

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