All Ore Mineração S.A. (BOVESPA:AORE3) agreed to acquire Sweet Distribuidora Importacao e Exportacao de Cosmeticos Ltda. in stock on January 27, 2015. Under the terms of the agreement, All Ore Mineração S.A. will issue 48% of new shares for the existing shareholders and will provide BRL 25 million as working capital. The founder and Chief Executive Officer of SweetHair, Paulo Kajaks to be the Chief Executive Officer of SweetHair Cosmeticos S.A., the company arising from the transaction. The shareholders of All Ore have approved the acquisition of Sweet Hair. The transaction is expected to close by June 30, 2015.

All Ore Mineração S.A. (BOVESPA:AORE3) cancelled the acquisition of Sweet Distribuidora Importacao e Exportacao de Cosmeticos Ltda. on September 30, 2015.