Mover Participações Explained

Mover Participações S.A.
Former Names:Camargo Corrêa S.A.
Type:Private conglomerate
Industry:
Founder:Sebastião Camargo
Location Country:Brazil
Area Served:Worldwide
Num Employees:61,000
Services:Real estate, construction, crude oil and natural gas, electric energy, transportation
Key People:Dirce Camargo
Revenue: US$9.2 billion (2012)
Net Income: US$460.7 million (2012)
Subsid:

Mover Participações (formerly Camargo Corrêa) is one of the biggest Brazilian private conglomerates. It is composed of publicly traded and closed companies, as well as shared management, and operates in Brazil and more than 20 countries.[1] The company was founded in 1939 by Sebastião Camargo in the city of Jaú, in the interior of the State of Sao Paulo, but now is headquartered in São Paulo.

Camargo's widow Dirce Camargo was a major shareholder until her death in 2013, with a net worth of $11.5 billion.[2]

The current Chairman of the Board is Wilson Brumer.[3] [4]

Notes and References

  1. Web site: Camargo Correa to Buy $1.3 Billion Stake in Portugal's Cimpor. Bernd Radowitz. 10 February 2010. WSJ.
  2. Web site: Dirce Navarro De Camargo. https://web.archive.org/web/20130307123158/http://www.forbes.com/pictures/mmk45hiif/dirce-navarro-de-camargo/. dead. March 7, 2013. Forbes. 10 November 2014.
  3. Web site: 2022-08-29. 2020-04-07. pt-br. Wilson Brumer, ex-Vale e ex-Usiminas, assume presidência do conselho da Mover Participações. Valor Econômico.
  4. Web site: 2022-08-29. 16 September 2020. Imprensa Oficial do Estado de São Paulo (IMESP) – Diário Oficial do Estado de São Paulo (DOSP). Diário Oficial Empresarial de 16 de setembro de 2020.