On September 2, 2026, Alexandre Birman (Arezzo&Co founding family) and Roberto Jatahy (Grupo SOMA founding family) formally agreed the partial spin-off of Azzas 2154, the Brazilian fashion holding formed by the 2024 merger of Arezzo&Co and Grupo SOMA. Under the transaction, Jatahy assumes control of assets that will operate separately, effectively unwinding portions of the original combination through a share exchange (permuta de ações). The transaction represents a family-led corporate restructuring rather than a third party sale, and no cash consideration is being paid. Azzas 2154 is listed on B3 under ticker AZZA3. The specific asset allocation, closing timeline and any advisers were not disclosed in the accessed source.
Sources:
Investidor10. https://investidor10.com.br/