Ambipar Emergency Response — Cyborg Score 2/10

Challenged
Environmental remediation and emergency response services

Strategic Profile

The company engages in environmental, emergency response and industrial field services with operations in Latin America, North America, Europe, Africa and Antarctica. Its customer portfolio ranges from local to blue-chip and multinational companies operating in chemicals, pulp and paper, mining, oil and gas, logistics, power, steel, meatpacking and cement industries. Despite historical revenue growth, the company is currently navigating severe operational and regulatory challenges stemming from bankruptcy proceedings initiated in October 2025.

Cyborg Score Rationale

Ambipar Emergency Response filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on October 20, 2025. In May 2026, the company announced it would be unable to file its next 20-F by the SEC deadline, indicating regulatory and operational distress. The stock has experienced severe depreciation, trading well below estimated fair value with significant profitability challenges.

Top Insights

  • Filed for Chapter 11 bankruptcy in October 2025 with assets valued between $1 billion and $10 billion and liabilities between $100 million and $500 million
  • Revenue grew 44% over the last 3 years, but the company became loss-making
  • The company employs 7,435 employees across global operations
  • Founded in 1995 by Tercio Borlenghi Jr., headquartered in São Paulo, Brazil

Named Competitors

  • Environmental Remediation Services — Global environmental services and waste management
  • Hazmat Response & Industrial Services — Environmental and hazardous waste services
  • Emergency Response & Environmental Consulting — Environmental and emergency response services

Recent Developments

  • (May 2026) Announced inability to file next 20-F regulatory filing with the SEC
  • (October 2025) Filed voluntary petition for Chapter 11 bankruptcy reorganization
  • (2024) Revenue reached 3.25 billion, up 25.42% year-over-year

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