Form
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
Of Foreign Private Issuer
Pursuant
To Rule 13a-16 Or 15d-16 Of
The
Securities Exchange Act Of 1934
For the
month of June, 2008
Commission
File Number: 001-14950
ULTRAPAR
HOLDINGS INC.
(Translation
of Registrant’s Name into English)
Avenida Brigadeiro Luis Antonio,
1343, 9º Andar
São
Paulo, SP, Brazil 01317-910
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
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Form
20-F
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X
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Form
40-F
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
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Yes
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No
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X
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
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Yes
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No
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X
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Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
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Yes
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No
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X
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If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
ULTRAPAR
HOLDINGS INC.
TABLE
OF CONTENTS
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ITEM
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1.
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Material
Notice dated June 6, 2008.
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Item
1
 ULTRAPAR
PARTICIPAÇÕES S.A.
PUBLICY
TRADED COMPANY
CNPJ
Nº 33.256.439/0001-39
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MATERIAL
NOTICE
São Paulo, Brazil, June 6, 2008 – Ultrapar Participações
S.A. (“Ultrapar”) hereby announces the signing, through Ultracargo, of the sale
and purchase agreement for the acquisition of 100% of the shares of União Terminais e
Armazéns Gerais Ltda. (“União Terminais”) held by
Unipar – União das Indústrias
Petroquímicas S.A.
The total amount to be paid by
Ultracargo for 100% of União Terminais’ shares is R$ 482,769 thousand subject to
adjustments resulting from variations in net debt and working capital. On
December 31, 2007, União Terminais’ net debt amounted to R$ 27,231
thousand.
União Terminais has 2 port terminals for
storage and handling of bulk liquids, with total capacity of 119 thousand cubic
meters. The main facility, located in Santos (in the state of São Paulo), has
storage capacity of 102 thousand cubic meters and is currently in the final
stage of expansion, which will add 20% (21 thousand cubic meters) to its
capacity. The main products handled in this terminal are fuels, ethanol and
chemicals. The terminal located in Rio de Janeiro (RJ) has a 17 thousand cubic meters
storage capacity and the main products handled in this terminal are chemicals
and lubricants. União Terminais also holds 50% of the total capital of União
Vopak Ltda., which owns a port terminal in Paranaguá (in the state of Paraná)
with storage capacity of 60 thousand cubic meters for the handling of vegetable
oil and chemical products.
For Ultracargo, this acquisition
represents a milestone in its transformation process, with the objective to
consolidate the company as the largest and most complete provider of integrated
logistic solutions for special bulk cargo in Brazil. In order to capture the strong growth
resulting from the demand for logistics infrastructure in Brazil, mainly related
to biofuels and to the Brazilian trade flow, during the past few years
Ultracargo has revaluated its market positioning, focusing on integrated
logistic services, has adapted its internal structure and has
started investing in expansion. Such initiatives have included the construction
of new terminals, especially the Santos and Montes Claros terminals, the implementation of the
ERP system – SAP, the creation of a business development area and the
acquisition of Petrolog.
The combination of
Ultracargo with União Terminais’ business will result in the largest liquid bulk
storage company in South America, reinforcing its operating scale and increasing
its investment capacity. It also increases Ultracargo’s operations in the port
of Santos, adds new customers to its client portfolio and expands its geographic
coverage through the entrance in the Rio de Janeiro and Paranaguá markets,
strengthening Ultracargo’s presence in Brazilian ports. We estimate
that the net present value of the
gains from the
integration of União Terminais with Ultracargo is R$ 200 million, mainly derived
from the joint operation of the terminals, management consolidation and fiscal
synergies.
The closing of the
transaction is subject to compliance with certain customary conditions, notably
the opinion of each of the port authorities, and could occur at different stages
for each terminal as the respective port authorities issue their
opinion.
Additional
information about União Terminais is available at Ultrapar’s website
(www.ultra.com.br).
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André Covre
Chief Financial and Investor
Relations Officer
Ultrapar Participações
S.A.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: June
6, 2008
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ULTRAPAR
HOLDINGS INC.
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By:
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/s/
André Covre
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Name:
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André Covre | |||
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Title:
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Chief Financial and Investor Relations Officer | |||