Gerdau Next And Random Form Partnership To Find Solutions For Transporters, Totaling R$250 Million In Investments

Escrito por Bruno Teles

Publicado em 06/09/2022 às 20:21

Atualizado em 06/09/2022 às 20:52

Gerdau Next (Reprodução: divulgação)

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Last Week, the Board of Directors of Gerdau Approved the Release of a Partnership Between Gerdau Next. S.A. and Random Serviços e Participações Ltda., Where There Will Be Equal Participation of 50% for Each Company.

Initially, the partnership will provide truck and semi-trailer rental services, aiming to deliver appropriate solutions to transporters and shippers of cargo. In addition, Gerdau Next and Random signed binding instruments that guarantee the intention of the parties, in an investment of R$250 million, contributed by the partner companies, in proportion to their equity participation. After this initial contribution, the partnership will seek other sources of fundraising.

The partnership demonstrates Gerdau Next’s interest, Gerdau’s new business division, in diversifying its steel business portfolio, which aims to enhance its operational strategy with an ecosystem full of solutions for the sector. Thus, the formalization of the partnership is subject to usual precedent conditions in operations of this type, including approval by competition authorities.

About Gerdau Next

Gerdau Next works to be a provider of high added-value goods and services, beyond steel production. For this purpose, it prioritizes three areas of activity: new technologies for construction, mobility and logistics, and sustainability, which also includes projects in renewable energy, recycling, and new materials. Additionally, it focuses on businesses that increase its productivity in the construction sector, such as initiatives that position Gerdau as an important player in logistics and infrastructure. In parallel, it seeks opportunities to enhance the company’s advantages in metal scrap recycling processes. Currently, Gerdau Next aims to develop a large portfolio in renewable energy projects. For this, it invests in the development of advanced materials and their applications, including graphene. Furthermore, it invests in cultivating a digital mindset for creating disruptive digital solutions.

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A bright yellow mushroom imported from Asia escaped from a cultivation farm in the United States in 2010 and is now aggressively spreading across 25 states, destroying entire communities of native fungi in American forests.

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Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state aims to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

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