BOBR4

Bombril S.A. is a traditional Brazilian company in the hygiene and cleaning products industry, founded on January 14, 1948, by Roberto Sampaio Ferreira, initially under the name Abrasivos Bombril Ltda. Its first product, Bombril Steel Wool, quickly gained prominence in the domestic market, becoming a widely used household item and associated with the concept of “1001 uses.” Over the decades, the company built a portfolio of well-known brands, expanded its production lines, and structured industrial operations in different Brazilian states. In 1984, it adopted the corporate name Bombril S.A. and began trading its shares on the stock exchange, now listed on B3 under the tickers BOBR3 (common shares) and BOBR4 (preferred shares). With more than seven decades of continuous operations, the company has built a track record marked by product diversification and a constant presence in the consumer market for household cleaning goods.

Bombril’s historical development has been driven by acquisitions, plant expansion, and the creation of new product lines. In the 1960s and 1970s, the company incorporated important players in the sector, such as Companhia de Produtos Químicos – Fábrica Belém, owner of the Sapólio and Radium brands, and steel wool manufacturers such as Indústria de Lã de Aço Mimosa Ltda. and Q’Lustro, expanding its production capacity and market share in abrasive cleaning categories. In 1976, it transferred its production line to an industrial plant in São Bernardo do Campo (SP), which became the company’s main manufacturing unit. From the late 1970s onward, the company diversified its portfolio with the launch of Limpol detergent, disinfectants such as Pinho and Kalipto, ammonia-based products, and plastic items, supporting growth in different hygiene and cleaning segments. In the 1980s, it opened industrial and distribution units in Simões Filho (BA), Recife (PE), and Sete Lagoas (MG), strengthening its regional presence and logistics capacity.

Throughout the 1990s, Bombril underwent ownership and strategic changes, including the entry and later exit of the Italian group Cragnotti & Partners and a technology transfer partnership with the Henkel group for powdered detergent production. During this period, the company acquired assets in the bar soap segment and launched Limpol soap, although it later sold its powdered detergent factories to Procter & Gamble. In 2006, control returned to the founder’s family, with Ronaldo Sampaio Ferreira taking the helm and seeking to restore the company’s historical focus on strong brands and innovation in cleaning products. Starting in 2016, Bombril began an operational and financial restructuring, emphasizing cash generation, profitability recovery, efficiency gains, and financial reorganization, a process reflected in improved operating and financial indicators from 2021 and 2022 onward.

Bombril’s business model is focused on manufacturing and marketing consumer products aimed mainly at household hygiene and cleaning, with some activity also in industrial applications. The company produces steel wool, liquid detergents, scouring cleansers in various forms, disinfectants, multi-purpose cleaners, laundry detergents, fabric softeners, and related items. These categories are marketed under a set of established brands such as Bom Bril, Limpol, Mon Bijou, Sapólio Radium, Kalipto, and Pinho Bril, among others. In 2024, the company closed the year with 15 active brands and 245 cleaning items across various categories, operating essentially in a single hygiene and cleaning operating segment, which accounts for 100% of consolidated net operating revenue. Recent strategy has emphasized strengthening higher-recognition brands, such as the gradual replacement of the Pratice brand with the Limpol brand in certain products, in line with consumer perceptions of the portfolio.

Bombril’s core activity is manufacturing, involving industrial processes of chemical formulation, raw material transformation, and filling/packaging. For packaging, the company uses polymers such as polyethylene and PET, which are processed through heating, injection, blow molding, and extrusion to form bottles, films, and caps. Detergents, disinfectants, cleaners, and softeners are produced by mixing and dispersing anionic, cationic, or non-ionic surfactants in reactors or continuous plants, with quality control at various stages. Scouring cleansers in powder, bar, and liquid forms are obtained from sulfonated pastes and abrasives, and then filled and packaged in plastic bottles or specific films. Steel wool and steel shavings are produced from special steel wire in equipment developed by the company itself, followed by packing in plastic packaging. The company also manufactures part of its own packaging, partially integrating the value chain of its cleaning products.

In terms of corporate structure, Bombril S.A. is a publicly traded company registered with the Brazilian Securities and Exchange Commission (CVM) and listed on B3 under the codes BOBR3 and BOBR4. The company fully controls Brilmaq Empreendimentos Imobiliários S.A., which is engaged in the purchase, sale, leasing, development, and construction of its own properties, as well as Bril Store Comércio Digital Ltda., focused on e-commerce of cleaning products and cosmetics. The structure also includes BB Logística Ltda., a road freight transport company acquired through Brilmaq, which strengthens logistics integration. Bril Cosméticos S.A., which operated in the wholesale trade of cosmetics and perfumery and personal hygiene products, ceased its operating activities in 2016. Despite these subsidiaries, relevant revenue generation remains concentrated in the production and sale of hygiene and cleaning products under Bombril’s brands.

Bombril’s market is predominantly Brazil, with a focus on nationwide distribution of its products through its own sales force, a network of distributors, wholesalers, and regional warehouses located in Abreu e Lima (PE), Sete Lagoas (MG), and São Bernardo do Campo (SP). The company reports that its brands reach most of the country’s food retail sector, with wide capillarity in the supermarket channel and other self-service channels. Exports have little relevance in revenue, representing less than 1% of gross operating revenue in recent years, underscoring the geographic concentration in the domestic market. The customer base is diversified, with no material concentration in any individual buyer above 15% of net revenue in recent fiscal years. Competition comes from large multinational and domestic consumer goods groups such as Unilever, Colgate, Reckitt & Benckiser, Química Amparo, and Flora, which requires ongoing effort in product innovation, brand positioning, and distribution efficiency.

Bombril’s operations depend on a diversified base of raw materials, notably steel, polyethylene terephthalate (PET), polyethylene, linear alkylbenzene sulfonate, and cardboard boxes, among other chemical and packaging components. Approximately half of spending on raw materials and production inputs is in some way indexed to the U.S. dollar, which partially exposes costs to exchange rate volatility. The company maintains relationships with large domestic and multinational suppliers and reports that it has alternatives for most of its raw materials, reducing dependence on any single supplier. From a regulatory standpoint, because it operates in hygiene, cosmetics, perfumes, and household disinfectant products, Bombril is subject to authorization and oversight by the Brazilian Health Regulatory Agency (ANVISA), in addition to complying with the requirements of environmental and municipal bodies, such as CETESB, IBAMA, CONAMA, and local authorities, maintaining up-to-date licenses and professional registrations.

In the environmental, social, and governance (ESG) field, Bombril reports having an integrated Quality, Safety, Health, and Environment policy, aimed at minimizing environmental impacts, properly managing waste, and preventing risks to employee health and safety. The company conducts an inventory of greenhouse gas emissions for scopes 1 and 2, reported to CETESB, and adopts practices for the proper disposal of solid, liquid, and gaseous waste at its industrial sites, in compliance with Brazilian environmental legislation. From a social perspective, it maintains initiatives focused on diversity and inclusion, with programs to hire people with disabilities and awareness and training initiatives such as talks and Brazilian Sign Language (Libras) courses, as well as a dedicated committee on the topic. In terms of governance, the company joined the UN Global Compact in 2024, aligning itself with principles related to human rights, labor, the environment, and anti-corruption, and linking its initiatives to the Sustainable Development Goals (SDGs) through programs such as reverse logistics and biological pest control projects.

Bombril’s presence in the household hygiene and cleaning segment, strongly anchored in widely recognized brands and nationwide distribution, positions the company as a typical representative of the basic consumer goods sector focused on recurring-use products. The listing of its shares on B3 under the tickers BOBR3 and BOBR4 places the company among Brazil’s publicly traded non-cyclical consumer goods names, with results directly tied to the performance of its cleaning product portfolio, the management of industrial costs, and its ability to remain relevant in a competitive environment dominated by large local and global players in the hygiene, cosmetics, and cleaning sector.