NSTECH FS LTDA. agreed to acquire 80% stake in Sinlog Tecnologia Em Logistica Ltda from Cosan S.A. (BOVESPA:CSAN3) and individual investors on March 10, 2023. The Administrative Council for Economic Defense has approved the deal.

NSTECH FS LTDA. completed the acquisition of 80% stake in Sinlog Tecnologia Em Logistica Ltda from Cosan S.A. (BOVESPA:CSAN3) and individual investors for BRL 0.05 million on May 2, 2023. The total consideration of BRL 0.045 million will payable into three equal installments, the first of which will be received on the closing date of the sale and the remaining installments to be paid annually, adjusted by 100% of the CDI.