Bradespar

Bradespar S.A
Company type	Sociedade Anônima
Traded as	B3: BRAP3, BRAP4; BMAD: XBPRO; Ibovespa Component
Industry	Holding
Founded	2000
Headquarters	São Paulo, SP, Brazil
Key people	João Moisés de Oliveira (CEO); Lázaro de Melo Brandão (Chairman)
Products	investment company
Revenue	US$304.8 million (2012)
Net income	US$232.6 million (2012)
Number of employees	350
Parent	Banco Bradesco
Website	www.bradespar.com.br

Bradespar is a Brazilian holding company headquartered in São Paulo. The company was formed in 2000 by Banco Bradesco in order to allow the bank to spin off some of its industrial investments. In 2005, the company began to hold large holdings in mining company Vale and utility company CPFL Energia, which is one of the largest companies in the Brazilian electric sector. Bradespar's stock is traded in São Paulo and Madrid stock exchanges, and it is part of the São Paulo's Ibovespa index. Currently, the single investment of the company is in the mining multinational company Vale, being one of the largest shareholders.

References[edit]

^ [1] Bradespar 2010 ended fiscal year revenues jumps 57.4% to R$1.9/US$1.1 billion
^ [2] Bradespar close 2010 net income in R$1.7/US$1.0 billion

External links[edit]

The company's home page in Portuguese and English

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[1] [1] Bradespar 2010 ended fiscal year revenues jumps 57.4% to R$1.9/US$1.1 billion

[2] [2] Bradespar close 2010 net income in R$1.7/US$1.0 billion

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