Bradespar is a Brazilian

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

headquartered in

São Paulo São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...

. 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 A vale is a type of valley. Vale may also refer to: Places Georgia * Vale, Georgia, a town in the Samtskhe-Javakheti region Norway * Våle, a historic municipality Portugal * Vale (Santa Maria da Feira), a former civil parish in the municip ...

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

, being one of the largest shareholders.

References

External links

The company's home page in Portuguese and English
Financial services companies established in 2000 Companies listed on B3 (stock exchange) Companies based in São Paulo Holding companies of Brazil Companies listed on the Madrid Stock Exchange Holding companies established in 2000 Brazilian companies established in 2000 {{Brazil-company-stub