Priner Serviços Industriais S.A. acquired 75% stake in Smartcoat - Engenharia Em Revestimentos Ltda. on July 28, 2017. The shareholders of Smartcoat will continue to operate the day-to- day business of the company. The Board will be formed by Túlio Cintra, Isidoro Barbiero and Luiz Angélica, Director of Smartcoat. Condere Strategy and M&A acted as financial advisor for Smartcoat - Engenharia Em Revestimentos Ltda. CDI Global acted as sell side financial advisor in the transaction.

Priner Serviços Industriais S.A. completed the acquisition of 75% stake in Smartcoat - Engenharia Em Revestimentos Ltda. on July 28, 2017. CDI Global global acted as financial advisor to Smartcoat.