Tegma Gestao Logistica : announces conclusion of Direct Express sale
September 01, 2014 at 10:14 am EDT
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MATERIAL FACT
São Bernardo do Campo, September 1st, 2014 - Tegma Gestão Logística S.A. ("Tegma" or "Company" - BM&FBovespa: TGMA3), pursuant to Article 157 of Law 6404/1976 and Article 2 of CVM Instruction 358/2002, hereby informs the public, the Securities and Exchange Commission of Brazil ("CVM"), the Securities, Commodities and Futures Exchange - BM&FBOVESPA S.A. - ("BM&FBOVESPA"), its shareholders and the market in general, that in August 31th, the company concluded the sale of 100% of the equity interest of Direct Express Logistica Integrada S.A. ("Direct"), according to the Material Fact from June 16th, by transferring all the shares from Direct held by the Company and its subsidiary Niyati Empreendimentos e Participacoes Ltda. to 8M Participacoes Ltda., a B2W - Companhia Digital subsidiary.
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Tegma Gestao Logistica SA is a Brazil-based company engaged in the transportation sector. The Company is primarily involved in logistic services for the automotive industry. In addition, it provides transportation services for companies active in other areas, including fuel, agribusiness, pulp and paper, chemical, telecommunications and electronics industry. The Company also provides warehousing services. Additionally, the Company provides inspection services for imported vehicles. Through its subsidiary Direct Logistica Integrada SA, the Company offers courier services. As of December 31, 2011, the Companyâs subsidiaries were Tegmax Comercio e Servicos Automotivos Ltda, TGI Comercio Atacadista de Pecas Automotivas Ltda, Tegma Cargas Especiais Ltda, Tegma Logistica Integrada SA, PDI Comercio e Industria e Servicos Ltda, Direct Logistica Integrada SA and Niyati Empreendimentos e Participacoes Ltda. On February 1, 2012, the Company completed the aquisition of LTD Transportes Ltda.