GPS Participações e Empreendimentos S.A. acquired 80% stake in Luandre Temporarios Ltda. on July 1, 2020. Luiz Penno, Diego Batista, Luiz Guilherme Paiva, Gustavo Castro, Arthur Elean and Luciano Oliveira of Clairfield International and Artica Investimentos acted as a financial advisor to Luandre Temporarios Ltda. GPS Participações e Empreendimentos S.A. completed the acquisition of 80% stake in Luandre Temporarios Ltda. for €32.4 million on July 1, 2020.