They are a permanently capitalized investment holding company present in 19 countries through a portfolio consisting of relevant companies in their industries (building materials, finance, aluminum, renewable energy, mining and smelting, orange juice, infrastructure, long steel, real estate, and investments).

Capital allocation strategy

At Portfolio Companies

•  Preserve the capacity to invest: sustaining, modernization and expansion
•  Capital structure that allows growth and dividends
•  Foster innovation to transform the business model
•  Perpetuate the Votorantim DNA

At the Portfolio Level

•  Diversification: sectors, geographies, risk factors
•  Financial and strategic flexibility for large scale investments
•  Delivering on the investment objectives of our shareholders

To Shareholders

•  Maximize total shareholder return (TSR – Total Shareholder Return)
•  Long term sustainability of Votorantim