Grupo Aterpa

What Grupo Aterpa does

Grupo Aterpa is a 75-year-old, family-owned Brazilian infrastructure group headquartered in Belo Horizonte, organized as a holding company over three specialized construction subsidiaries: ATERPA (heavy construction of highways, bridges, dams, railways, ports, airports, and urban infrastructure), SAM (sanitation infrastructure and public concessions), and JDANTAS (tunnel engineering and underground excavations). The group also controls SM Metais, a mining and steel platform comprising MIB (2 million tonnes/year, Brumadinho/MG), MML (1.5 million tonnes/year, Passatempo/MG), FERGUMINAS (300,000 tonnes/year pig iron, Itaúna/MG), and MIG (in pre-operational licensing at Guanhães/MG). Underlying technology centers on integrated construction engineering with deep domain specialization — particularly in soil and rock mass excavatability for tunneling since 1947 — backed by a modern heavy equipment fleet and a SAP-implemented Integrated Management System (SGI) certified to ISO 9001, 14001, 45001, and 37001.

The business model mixes project-based construction contracts with governments and large enterprises (one-time project revenue) against a recurring revenue base from long-term concessions: 365km of highways in São Paulo through Intervias (jointly controlled since 1998), 30-year port operations at Porto de Itaqui/MA via COPI (since 2003), 35-year water/sewage concession across Amapá via CSA Equatorial (since 2013), and 25-year funeral and cemetery services in São Paulo via Consolare. Mining and steel production contribute a third revenue stream via pig iron and iron ore sales. GTM is enterprise field sales executed through public tenders, direct government procurement, consortium partnerships, and concession bidding; pricing is project-specific and not publicly disclosed.

Customers are predominantly public-sector — Brazilian federal, state, and municipal governments — supplemented by enterprise mining clients (including Vale) and consortium partners. The group reports 1,001–5,000 employees, no external institutional or PE ownership, leadership continuity through three generations of the Salazar family (currently CEO André Salazar with Francisco Salazar as board advisor), and a single international subsidiary in Lima, Peru established in 2010 for South American market expansion.

Name

Grupo Aterpa

Legal name

Construtora Aterpa S.A.

Website

https://grupoaterpa.com.br

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Grupo Aterpa is a 75-year-old, family-owned Brazilian infrastructure group operating through three construction subsidiaries — ATERPA (heavy infrastructure), SAM (sanitation), and JDANTAS (tunnels) — together with a mining/steel platform (SM Metais) and long-term public concessions in highways, water/sewage, and port services.

Ownership category

akta.pro rank

Product category

Infrastructure Construction Services

NAICS

Utility System Construction (2371), Water and Sewer Line and Related Structures Construction (237110), Support Activities for Metal Mining (213114)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Mine Construction & Development Contracting (Shaft Sinking, Tunneling, Pre-Strip, Civil Works) (IMAKAKAG)

akta.pro secondary industries

Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE), Mining & Mineral Processing Facility Construction (IMAFADAE), Mine Infrastructure & Utilities EPC (Power, Water, Comms, Camps, Roads, Airstrips) (IMAKAOAB), Infrastructure, Engineering & Public Works Technical Assistance (WASH/Transport/Energy) (BPADAEAF)

Keywords

• Heavy construction services
• Infrastructure engineering
• Public sanitation concessions
• Tunnel construction
• Mining and steel production

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Construction Contracts: Heavy construction and infrastructure engineering projects including highways, bridges, dams, railways, ports, airports, and urban infrastructure. Revenue generated through project-based construction contracts with government and private sector clients.
2. Public Concessions: Long-term concessions (25-35 years) for public services including water/sewage systems and highway management, providing recurring operational revenue.
3. Mining and Steel Production: Mining operations (MIB, MML) and pig iron production (Fergu Minas) with combined capacity of approximately 3.8 million tonnes per year.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Grupo Aterpa provides integrated construction engineering solutions for large-scale infrastructure projects including highways, bridges, dams, railways, ports, airports, sanitation systems, and tunnels. The group also operates iron ore mining and pig iron steel production facilities, and manages long-term public concessions for highways, water/sewage, and cemetery services across Brazil and Peru.

Product overview

Grupo Aterpa is a Brazilian infrastructure construction group formed by three construction companies: ATERPA (heavy construction and infrastructure), SAM (sanitation and environmental services), and JDANTAS (tunnels and underground excavations). The group operates with a platform-plus-specialists model where each subsidiary brings complementary technical expertise. ATERPA handles broad infrastructure including roads, bridges, dams, railways, ports, and buildings. SAM focuses on sanitation infrastructure and public concessions. JDANTAS specializes in tunnel engineering. The group also includes the SM Metais subsidiary (mining and steel operations: MIB, MML, FERGU MINAS, MIG) and holds stakes in Intervias (highway concession), COPI (port operations), and CSA Equatorial (water and sewage concession in Amapá). The group operates under an Integrated Management System (SGI) certified with ISO standards.

Differentiator

Problem solved

Functional benefit

Brands

• SM Metais: Mining and steel segment including MIB Mineração Ibirité (capacity 2 million tons/year), MML Mineração (capacity 1.5 million tons/year), Fergu Minás (capacity 300,000 tons of pig iron/year), and MIG Mineração in Guanhães/MG
• CSA Equatorial
• Consolare

Products and services

• ATERPA (Heavy Construction) Heavy construction services for large-scale infrastructure projects including highways, bridges, dams, railways, ports, and airports; delivered to government and enterprise clients.
• SAM (Sanitation Services) Sanitation engineering and water/sewage services for public utilities and government clients, including related concession operations.
• JDANTAS (Tunnel Construction) Specialized tunnel construction services for infrastructure projects, including urban transit, hydroelectric, and transportation tunnels.
• MIB Mineração Iron ore mining operation producing raw materials for the steel industry and internal pig iron production.
• MML Mineração Mining operation extracting mineral resources as part of the group's industrial vertical.
• FERGUMINAS (Pig Iron Production) Pig iron production facility converting iron ore into pig iron for the steel supply chain.
• MIG Mineração Mining project in pre-operational stage, intended to expand the group's iron ore and mineral resource portfolio.
• Highway Concessions Long-term public concessions for the operation and maintenance of highways under government contracts.
• Water and Sewage Concessions Long-term public concessions for the operation of water and sewage services to municipal and state utilities.
• Cemetery/Funeral Services Concessions Long-term public concessions for the operation of cemetery and funeral services under municipal contracts.

Quantifiable outcome

• 365km of highways managed through Intervias concession
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Intervias S.A.coreStrategic or Co-development Partner · 1 January 1998Association with other companies to create Intervias S.A., a concession company responsible for managing 365km of highways in interior São Paulo state. The partnership demonstrates Grupo Aterpa's ability to form consortiums for infrastructure concessions.
• CSA EquatorialcoreOthersConcession of water and sewage services for the entire state of Amapá for 35 years. CSA Equatorial operates under Grupo Aterpa's umbrella, providing long-term recurring revenue from public sanitation services.
• ConsolareminorOthersConcession for funeral and cemetery infrastructure services in São Paulo municipality for 25 years. Manages major cemeteries in the region providing diversified revenue streams.
• COPI - Companhia Operadora do Porto de ItaquicoreStrategic or Co-development PartnerCreated in 2003, COPI operates the retro-area of Porto de Itaqui in Maranhão under a 30-year concession. Represents Grupo Aterpa's entry into port operations and logistics infrastructure.
• SONELcoreStrategic or Co-development PartnerAcquired controlling interest in 2010. SONEL specializes in sanitation and electrical works, expanding Grupo Aterpa's capabilities in utility infrastructure.
• Hospital da BaleiaminorOthersCorporate social responsibility partnership supporting Hospital da Baleia which performs 600,000 medical procedures annually for low-income patients. Daniela Coimbra, HR Manager, represents the company at partnership events.

Scale indicators15 records

Recent moves16 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/construtoraaterpa

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grupo Aterpa