17/12/2024 10h53

An investment of R$312.5 million represents the acquisition of 50% of Gelprime and reinforces the strategy of adding value through BRF Ingredients

São Paulo, December 17, 2024 - BRF, one of the world's largest food companies and owner of the Sadia, Perdigão and Qualy brands, has just signed an agreement to acquire 50% of the share capital of Gelprime, a company specialized in the production, marketing and distribution of gelatine and collagen, located in the Londrina region (PR). The investment is R$312.5 million. Gelprime's production unit was conceived as a greenfield project, using the latest technology and following the strictest national and international quality standards for supplying gelatine and collagen to the food, beverage and pharmaceutical chains worldwide.

With growth of around 7% per year since 2018, the collagen and gelatine segment is highly profitable and has been developing based on new applications and uses, especially in the areas of food, beverages and health, where BRF already operates through BRF Ingredients. “We are investing in a segment with higher margins, in a market that is growing consistently and with the competitive advantage of access to raw materials of animal origin that will be processed in an asset that is state-of-the-art in the sector,” says Miguel Gularte, CEO of BRF.

“The transaction is in line with our strategy of increasing the share of value-added products in our portfolio, enabling us to expand profitability and diversify our business. In addition, the availability of raw materials is a competitive advantage in this segment,” says Fábio Mariano, BRF's CFO.

The project includes an expansion plan for the plant which could increase production capacity in order to meet growing market demand. With the consolidation of the operation, Gelprime should hold a 5% share of global gelatine and collagen production, through BRF's international support. The acquisition also provides for operational synergy gains with BRF, both in the production and marketing areas, resulting in the expansion of the client portfolio through commercial offices located outside Brazil.

“The synergy between Gelprime and BRF Ingredients will accelerate growth and strengthen our global presence, as well as providing more agility in identifying market opportunities,” says Vinícius Vanzella de Souza, CEO of Gelprime.

Located on an area of 475,000 square meters, Gelprime's factory is considered one of the most modern in the world. The plant was designed following the strict criteria of international legislation and best manufacturing practices. The unit is 100% automated and adopts sustainability indicators throughout the process, as well as promoting water reuse and waste circularity to generate and reduce energy consumption.

About Gelprime

Founded in 2019 and backed by raw material generation and processing assets, Gelprime is dedicated to the production, marketing and distribution of gelatine, following the strictest national and international quality standards. Consolidated in the use of animal by-products and automated, the company integrates a network of its own certified suppliers of raw materials, guaranteeing the origin and availability of products for delivery to customers. Gelprime is dedicated to continually adapting and improving its suppliers and processes, with the aim of ensuring the quality and food safety of all its products. The company also has a rigorous Quality Control system, which allows for continuous monitoring of each stage of the production process and the equipment used. Website: https://gelprime.com.br/

About BRF  

One of the largest food companies in the world, BRF is present in more than 120 countries. Its purpose is to offer increasingly tasty and practical quality food - for people and their pets all over the world - through the sustainable management of its chain, from farm to fork. Owner of iconic brands such as Sadia, Perdigão and Qualy, the company bases its actions on the fundamental commitments of safety, quality and integrity. The company bases its strategy on a long-term vision and aims to generate value for almost 100,000 employees worldwide, more than 415,000 customers and approximately 9,000 integrated producers in Brazil, all its shareholders and society.           

Press contact - BRF     
imprensa@brf.com