On October 16, Priner finalized the acquisition of 60% of SEMEP’s share capital, following the fulfillment of all applicable precedent conditions for the transaction.

Founded in 1990, SEMEP is a national reference in intralogistics, earthmoving, and mining operation and implementation solutions, representing the most advanced in mining operations in Brazil.

With this transaction, we are launching the new business unit “Mining Operations,” consolidating our position as one of the leading companies in specialized mining services.

This strategic partnership strengthens both companies’ plans to build an organization recognized globally for excellence in execution, commitment to safety, and dedication to honoring its commitments.

We are ready to make a significant contribution to Brazilian mining, a essential sector to global development.

More details about the acquisition can be found on our Investor Relations website and in the clarification webinar available on our YouTube channel.