CSAN

Cosan S.A. is a Brazilian conglomerate with diverse businesses including bioenergy, logistics, natural gas distribution, lubricants, and mobility services. The company operates through segments including Raízen (integrated bioenergy producer making ethanol, sugar, bioenergy), Compass (natural gas distribution and commercialization), Moove (lubricants), and Rumo (railroad logistics). Cosan controls or has significant stakes in major Brazilian companies serving energy, logistics, and mobility markets. The company is one of the world's largest sugarcane processors and ethanol producers through Raízen. Founded by the Ometto family and headquartered in São Paulo, Brazil, Cosan has built a diversified business platform through strategic investments and partnerships. The company benefits from Brazil's biofuels market, energy infrastructure assets, logistics capabilities, and essential services. Cosan faces challenges from commodity price volatility, Brazilian economic and political uncertainty, regulatory risks, operational complexities across diverse businesses, and currency volatility. The company has partnerships with Shell (Raízen) and operates with controlling shareholdings in publicly traded subsidiaries. Cosan continues to invest in energy transition opportunities, infrastructure, and operational improvements across its business portfolio.