In brief

The Batista brothers plan to restart large-scale output at AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗, with about 1,000 jobs and a focus on exports.

The purchase was approved without restrictions by Cade on September 14.

What we know

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  1. Verified fact · material

    Joesley and Wesley Batista plan to restart large-scale output at AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗ and recover about 1,000 jobs lost in the company crisis.

    Sets the restart plan.

    Sources[01][02]
  2. Verified fact · material

    The new controllers plan prioritizes foreign markets, seeking new export channels for AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗ systems.

    Shows the bet on global defense demand.

    Sources[01][02]
  3. Verified fact

    According to Bloomberg Línea, citing sources, Cade approved the acquisition without restrictions on September 14, Bruno Dantas, former president of the Federal Audit Court, leads the transition and is expected to chair the board, and once the investment plan is approved AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗ will talk to the Defense Ministry about Armed Forces needs.

    Details governance and timeline.

    Sources[01]
  4. Verified fact

    According to Bloomberg Línea, the sources did not disclose the planned investment amount; AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗ designs and makes missiles, rockets, special vehicles and launch systems for civilian and military use.

    Marks what is not yet public.

    Sources[01]

Transmission to assets

Market read-through

AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗ is not listed, but its restart under the Batistas strengthens the defense industrial base and creates a well-funded private competitor for export contracts, with an indirect effect on suppliers and Embraer Defense.

For the J&F group, the acquisition diversifies the portfolio beyond protein and energy.

Portfolio impact

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Base industrial de defesa (EMBR3)uncertain

The restart creates a well-funded private competitor in defense exports.

Indirect and long-term effect.

What would change the view: Investment plan approved and contracts signed.

sector20% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Approval of the investment plan and its amount
  • Contracts with the Defense Ministry and first export orders
  • Status of AvibrasAvibrasOrganizationBrazil's leading maker of missile, rocket and defense systems, in court reorganization. Globe Investimentos, the Batista brothers' vehicle, notified Cade of the acquisition of all its shares in August 2026.Open in the Market Map ↗ judicial recovery

Limits of the reporting

What remains uncertain

  • The investment amount and restart timeline were not disclosed.
  • The plan is described by sources, without an official statement from the buyers.

Full sources

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