Pedro Grendene
| Abicalçados | Brazilian Association of Footwear Industries (Associação Brasileira das Indústrias de Calçados) |
| ADENE | Agency for the Development of Northeast of Brazil (Agência de Desenvolvimento do Nordeste) |
| AGBPar | Alexandre G. Bartelle Participações S.A. |
| Additional shares | Additional shares, equivalent to 15% of the shares initially offered, which may be sold by selling shareholders Alexandre Grendene Bartelle and Pedro Grendene Bartelle at the offering price within 30 days of the notice of commencement of this offering in Brazil, to cover overallotments |
| Adjusted EBITDA | Gross profit less: (a) selling expenses, (b) general and administrative expenses and, (c) management fees plus: (x) equity pick‑up, and (y) tax benefits adjustments and (z) depreciation and amortization |
| Adjusted net income | Net income adjusted for comparison purposes of different time periods |
| ANBID | Brazilian National Association of Investment Banks (Associação Nacional dos Bancos de Investimento) |
| Austin Asis | Austin Asis, an agency that provides market analysis and market reports |
| BACEN | Central Bank of Brazil (Banco Central do Brasil) |
| Banco do Estado do Ceará or BEC | State Bank of Ceará (Banco do Estado do Ceará S.A.) |
| Banco do Nordeste | Bank of Northeast Brazil (Banco do Nordeste do Brasil S.A.) |
| B3 | B3 S.A. - Brasil, Bolsa, Balcão (B3 S.A. - Brasil, Bolsa, Balcão) |
| BOVESPA | São Paulo Stock Exchange (Bolsa de Valores de São Paulo) |
| Brazil | The Federative Republic of Brazil (República Federativa do Brasil) |
| Brazilian corporation law | Law 6,404/76, as amended |
| Brazilian GAAP | Accounting practices adopted in Brazil |
| Brazilian government | The government of the Federative Republic of Brazil |
| Brazilian underwriters | Banco Pactual S.A. as sole global coordinator and bookrunner and Banco de Investimentos Credit Suisse First Boston S.A., Banco Santander Brasil S.A., Banco Bradesco S.A. and BB Banco de Investimento S.A. |
| Broker | Pactual Corretora de Títulos e Valores Mobiliários S.A. |
| CAGR | Compound annual growth rate |
| CBLC | Brazilian Clearing and Depositary Corporation (Companhia Brasileira de Liquidação e Custódia) |
| CDI | Interfinance Deposit Certificate (Certificado de Depósito Interfinanceiro) |
| CEDIN | State Council of Industrial Development of the state of Ceará (Conselho Estadual de Desenvolvimento Industrial do Estado do Ceará) |
| Closing Date | Three business days from the date of publication in Brazil of the announcement of the commencement of the offering |
| CMN | Brazilian National Monetary Council (Conselho Monetário Nacional) |
| Company or Issuer | Grendene S.A. |
| Coverline | Fabric impregnated with PVC and used as a raw material for the production of footwear |
| CVM | Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários) |
| CVM Instruction No. 325/00 | Instruction issued by the CVM dated January 27, 2000 (Instrução CVM No. 325/00) |
| CVM Instruction No. 400/03 | Instruction issued by the CVM dated December 29, 2003 (Instrução CVM No. 400/03) |
| Datamonitor | Datamonitor, an agency that provides market analysis and market reports |
| DECEX | Department of Foreign Trade Transactions of the Brazilian Ministry of Development, Industry and Foreign Trade (Departamento de Operações de Commércio Exterior) |
| Ernst & Young | Ernst & Young Auditores Independentes S.S. |
| EVA | Ethylene Vinyl Acetate (Estireno Vinil Acetato). A thermoplastic copolymer of ethylene and vinyl acetate and a raw material in our production process |
| Exchange Act | U.S. Securities Exchange Act of 1934, as amended |
| FDI | Northeast Industrial Development Fund (Fundo de Desenvolvimento Industrial do Nordeste) |
| Federal Constitution | Constitution of the Federative Republic of Brazil |
| Fitalse | Fitalse S.A. |
| FNE | Constitutional Fund for Financing the Northeast (Fundo Constitucional de Financiamento do Nordeste) |
| Grendene Calçados | Grendene Calçados S.A. |
| Grendene Industrial | Grendene Industrial de Calçados Ltda. |
| Grendene Negócios | Grendene Negócios S.A. |
| Grendha Shoes | Grendha Shoes Corporation |
| IBGE | Brazilian Geography and Statistics Institute (Instituto Brasileiro de Geografia e Estatística) |
| IBRACON | Brazilian Independent Auditors Institute (Instituto dos Auditores Independentes do Brasil) |
| ICMS | Sales tax on operations relating to the provision of merchandise and services, or value added tax on sales and services (Imposto sobre Circulação de Mercadoria e Servicios) |
| IGP-M | General Price Index - Market (Índice Geral de Preços ao Mercado) |
| Indústria de Calçados Grendene | Indústria de Calçados Grendene Ltda. |
| INPI | Brazilian National Institute of Industrial Property (Instituto Nacional de Propriedade Industrial) |
| IPCA | Consumer Price Index, as calculated by the IBGE (Índice de Preços ao Consumidor Ampliado, apurado pelo IGBE) |
| International placement agents | Pactual Capital Corporation, Santander Investment Securities, Inc. and Credit Suisse First Boston LLC |
| Novo Mercado | The special listing segment of the BOVESPA with differentiated rules regarding corporate governance upon which the shares will be listed |
| PIB | Gross Domestic Product (Produto Interno Bruto) |
| Placement facilitation and agency agreement | Agreement entered into by us, the selling shareholders, Banco Pactual S.A., Banco de Investimentos Credit Suisse First Boston S.A., Banco Santander Brasil S.A. and the international placement agents related to the placement of shares outside Brazil |
| PROAPI | Program of Incentives for the Port and Industrial Activities of Ceará (Programa de Incentivo às Atividades Portuárias e Industrias do Ceará) |
| PROVIN | Program of Incentives for the Functioning of Companies (Programa de Incentivo ao Funcionamento de Empresas) |
| PVC | Polyvinyl chloride, raw material produced by us from resin and used in the production of footwear |
| QIB | Qualified institutional buyer, as defined under Rule 144A |
| Reebok Chile | Reebok Chile S.A. |
| Regulation S | Regulation S under the Securities Act |
| Rule 144A | Rule 144A under the Securities Act |
| Saddle Calzados | Saddle Calzados S.A. |
| Saddle Corp. | Saddle Corporation Sociedad Anónima |
| SATRA | SATRA Technology Center, an agency that provides market analysis and market reports |
| SEC | U.S. Securities and Exchange Commission |
| Securities Act | The U.S. Securities Act of 1933, as amended |
| Selling shareholders | Alexandre Grendene Bartelle, Pedro Grendene Bartelle,Élida Lurdes Bartelle and Maria Cristina Nunes de Camargo |
| Stabilization agreement | Agreement entered into by and among the selling shareholders, the Broker, Banco Pactual S.A. and us in connection with the stabilization of the price of the shares being offered |
| SUDENE | Northeast Development Superintendency (Superintendência do Desenvolvimento do Nordeste) |
| TJLP | Long‑term interest rates, as published by BACEN (Taxa de Juros de Longo Prazo) |
| Underwriter | Banco Pactual S.A. as sole global coordinator and bookrunner |
| Underwriting agreement | Agreement entered into by us, the selling shareholders, Banco Pactual S.A. and CBLC, relating to the secondary public offering of shares in Brazil |
| U.S. GAAP | Generally accepted accounting principles in the United States |
| Verona | Verona Negóciose Participações S.A. |
| VDA | VDA Calzados y Artículos Desportivos S.A. |
| Vulcabrás | Vulcabrás S.A. |
| Vulcabrás do Nordeste | Vulcabrás do Nordeste S.A. |
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Alexandre Grendene Bartelle (born January 2, 1950 in Farroupilha, Brazil) is a Brazilian businessman and billionaire. In 1971, co-founded Grendene, the world’s largest manufacturer of sandals, with his brother, Pedro Grendene Bartelle. According to Forbes, he was worth US$1.86 billion as of May 2016.
Alexandre Grendene Bartelle (born January 2, 1950) is a Brazilian businessman and billionaire. In 1971, co-founded sandal manufacturer Grendene with his brother, Pedro Grendene Bartelle. According to Forbes, he was worth US$1.86 billion as of May 2016. Pedro Grendene Bartelle, the president of shoe company Vulcabras-Azaleia, bet and won big in the Hotel Conrad in Punta del Este, along the Uruguay coast, according to Casino Online.
Biography
Pedro Grendene Bartelle Roulette
Early life and education
Bartelle was born on January 2, 1950 in Farroupilha. He had a twin brother, Pedro Grendene Bartelle. As a child, he drew inspiration from his grandfather, a “prosperous entrepreneur who helped him start his own business before he turned 20.” He studied at Universidade de Caxias do Sul, graduating with a bachelor’s degree in Law.
Career
In 1971, Alexandre and Pedro co-founded Grendene. Their grandfather lent them capital to purchase plastic injection molding machines and hire five employees. The company became the world’s largest manufacturer of sandals and one of the largest footwear manufacturers and exporters in Brazil. By May 2016, he was worth US$1.86billion.
Pedro Grendene Bartelle Filhos
Personal life
Bartelle currently lives in Porto Alegre and has seven children. In 2015, he donated funds for the construction of a veterinary hospital in Porto Alegre. He owns a Limited Editions 199 yacht and a Falcon 7X jet.
Source:
Pedro Grendene
- wikipedia