Multilaser’s R$1,912.7 Million Initial Public Offering

Simpson Thacher advised Multilaser Industrial S.A. on the deal.

Multilaser Industrial S.A. has completed its initial public offering on the São Paulo Stock Exchange (B3) at a public offering price of R$11.10 per common share. The offering raised R$1,912.7 million in gross proceeds (excluding the underwriters’ over-allotment option) to Multilaser.

The common shares were offered to certain institutional investors in Brazil, to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons outside the United States in reliance upon Regulation S. Multilaser’s common shares began trading on the B3 under the ticker symbol “MLAS3” on July 22, 2021.

Multilaser is one of the most diversified consumer goods companies in Brazil, with a diverse product portfolio of more than 5,000 different products (stock keeping units) and an extensive product distribution capacity across the country. Multilaser’s business operations include the development, manufacture and distribution of, and sale and after-sale services for, a wide range of products.

The Simpson Thacher team was led by Grenfel S. Calheiros (Picture) and Paulo F. Cardoso and included Winnie Y. Loureiro and João Felipe Rocha (Capital Markets); and Jonathan Cantor and Zachary Fialkow (Tax).

Involved fees earner: Grenfel Calheiros – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Paulo Fernando de Menezes Cardoso – Simpson Thacher & Bartlett; Zachary Fialkow – Simpson Thacher & Bartlett; Winnie Loureiro – Simpson Thacher & Bartlett; Joao Rocha – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Multilaser Industrial S.A.;