Solví acquires Essencial Ambiental for R$115M, third consolidation move in months

Solví Group completed the acquisition of Essencial Ambiental for R$115 million, marking its third consolidation move in the Brazilian waste management sector within months, following the full acquisition of Loga and a new concession in Minas Gerais. The deal signals continued sector consolidation, though financial details and strategic synergies remain undisclosed. This is a notable M&A transaction in a fragmented market, potentially affecting competitive dynamics.