Grupo Orbis S.A. acquired the remaining 33% stake in Novaforma Distribuidora de Fiberglas Ltda. for BRL 0.45 million on December 22, 2014. The acquisitions have been made through Antonio Carlos López, as representative of Novaforma Distribuidora de Fiberglas Ltda. In a related transaction, Grupo Orbis S.A. acquired 33% stake in Novapol Plásticos Ltda.


Grupo Orbis S.A. completed the acquisition of remaining 33% stake in Novaforma Distribuidora de Fiberglas Ltda. on December 22, 2014.