JSL : Material Fact - Acquisition of Borgato - Conclusion of the Acquisition
December 22, 2017 at 04:29 pm EST
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MATERIAL FACT
JSL S.A. ('JSL' or 'Company'), (B3:JSLG3), a publicly-held company, complementing the Material Facts disclosed on October 18, 2017, November 24, 2017, December 6, 2017 and December 8, 2017, hereby informs its shareholders and the market in general that, on this date, a certificate from the Administrative Council for Economic Defense ('CADE') was made available, certifying the unappealable court decision of CADE's General Superintendence approving, without restrictions, the acquisition of the total capital stock of Borgato Maquinas S.A., Borgato Serviços Agrícolas S.A. and Borgato Caminhões S.A. ('Sociedades Borgato') by Vamos Locação de Caminhões, Máquinas e Equipamentos S.A., a subsidiary company of JSL ('Vamos' and 'Acquisition').
Given that all the conditions precedent to the Acquisition were complied with, on this date, Vamos and the shareholders of Sociedades Borgato completed the provisions related to the Acquisition, especially regarding the transfer of the total shares issued by Sociedades Borgato to Vamos and the election of Mr. Caio de Camargo Borgato as Chief Executive Officer of Vamos.
São Paulo, December 22, 2017
Denys Marc Ferrez
Investor Relations Officer
JSL SA published this content on 22 December 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 December 2017 21:29:07 UTC.
Original documenthttp://ri.jsl.com.br/conteudo_en.asp?idioma=1&tipo=30759&conta=44&id=251121
Public permalinkhttp://www.publicnow.com/view/9DB5A6A8AD7FAEFBED3977A208978854DB82E9C4
JSL SA is a Brazil-based company engaged in the logistics sector. The Company provides services through six business lines: Road Cargo Transportation and Dedicated Road Cargo Logistics, involved in the supply chain and management of the information of the logistics chain of the customer; Commodity Logistics, which offers customized solutions for the paper and cellulose, mining and sugar-energy sectors; Internal Logistics, that consist on the internal handling of raw materials, products, inventory management and assembly line supply of the customer; Urban Distribution, which includes supply of points of sale and management of the return of packaging; Warehousing Services, dedicated to the reception, storage and dispatch of goods and inventory management; and Chartering, which provides transportation services for employees of companies that are customers through the other services provided by the Company. The Firm is controlled by Simpar SA.