M. Dias Branco Agrees to Acquire 80% Stake in Grespan

• M. Dias Branco agreed October 16, 2026, to acquire 80% of Grespan Pães Congelados through subsidiary Jasmine.
• The agreement includes an option to acquire the remaining stake within five years of closing.
• Grespan, a frozen bakery producer based in Marília, São Paulo, recorded approximately R$139 million in gross revenue in 2025.
• The acquisition marks the buyer’s entry into frozen bread, expanding its presence in categories adjacent to its core business.
• Closing remains subject to conditions precedent and applicable approvals; the businesses will operate independently until those requirements are met.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. M. Dias Branco SA published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.