BRK Ambiental was incorporated in 2008 after a spin-off of assets from the environmental division of the Odebrecht Group.
It started as Foz do Brasil and had an expressive growth through new concessions, PPP contracts, industrial operations and service contracts every year. To support this growth, the Company received two capital injections from FI-FGTS (local fund from the Brazilians employees mandatory pension fund), in 2009 and 2013. In 2013, the Company changed name to Odebrecht Ambiental following similar changes in all Odebrecht Group business.
In April 2017, the ownership structure of the company changed.Brookfield Business Partners LP, a Canadian fund management company, acquired 70% stake of Odebrecht Ambiental, which was formerly held by Odebrecht SA. FI-FGTS maintained its 30% stake in the company.
The entire technical team of Odebrecht Ambiental was included in the transaction, ensuring its technical-operating capacity and expertise. The new shareholder strengthens the company‘s economic and financial structure, expanding its access to new technologies.
For customers, the change of shareholders reinforces the excellence in providing services while maintaining the commitment with the population of each municipality.
With this change, the company was rebranded BRK Ambiental.Currently, BRK Ambiental has two business segments: Water and Wastewater and Industrial.