Santos Brasil stock exits B3 after CMA CGM takeover
Published on 10/05/2026 at 21:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Santos Brasil (ISIN BRSTBPACNOR3) now represents a private ownership story after CMA CGM pushed its stake above 93 percent and Santos Brasil left the B3 in 2025. For investors, the central fact is the transition from a publicly traded port operator to a company integrated into the French shipping and logistics group.
CMA CGM changes the stock story
Rio Times described Santos Brasil in a September 16, 2026 report as part of Brazil's 2025 exit list, following CMA CGM's increase in ownership. That changes the role of the former STBP3 listing: operating performance remains relevant, while a public-market quotation is no longer the primary way to follow the business.
The ownership change also places Santos Brasil inside a larger container-shipping network. A September 18, 2026 account by Lingo put the transaction value of CMA CGM's acquired participation at BRL 6.3 billion and the enterprise value at BRL 13.2 billion.
2025 results show operating scale
The underlying business delivered a strong 2025 performance. Valor 1000 reported net revenue above BRL 3.6 billion for fiscal year 2025, up 25 percent from 2024. Net income reached BRL 871.7 million, an 18 percent year-over-year increase.
The same 2025 account said Santos Brasil invested BRL 646 million in its assets. That spending matters because the company operates infrastructure rather than a single service: its activities cover container terminals, vehicle handling, general cargo and logistics support across Brazil.
Port network remains the asset base
AUVP Analítica describes Santos Brasil as a port operations and logistics company focused on moving and storing containers and vehicles. Its company profile identifies three container terminals and additional facilities for vehicles, general cargo, customs logistics and distribution.
The operating base gives the former listed company a measurable industrial footprint even after the ownership change. The 2025 revenue of more than BRL 3.6 billion and BRL 646 million of investment provide the clearest scale markers for assessing the business under CMA CGM ownership.
Ownership now defines Santos Brasil stock
Santos Brasil stock is best understood through the 2025 exit from B3, the CMA CGM ownership structure and the company's BRL 871.7 million net income for fiscal year 2025 rather than through a live exchange quotation.
More on Santos Brasil stock
- Company: Santos Brasil Participações S.A.
- ISIN: BRSTBPACNOR3
- Ticker: STBP3
- Sector / Industry: Capital goods and services / transportation and warehousing
