BRF Enters Gelatin and Collagen Market with Gelprime Investment
BRF announced the acquisition of a 50% stake in Gelprime on 17 December, representing a BRL 312.5 million (approximately US $51 million) investment and marking the company’s entry into the gelatin and collagen market. The deal positions Gelprime as a joint venture between BRF and Viva, a Brazilian leather producer formed through the merger of Viposa and Vancouros in 2022.
Established in 2019 and headquartered in Londrina, Paraná, Gelprime holds a 2% share of the global collagen market. The company is aiming to increase this to 5%...
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