Portuguese 
English 
Spanish 
2 min of reading 
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.
-
The 17-meter, 20-ton monster that the US built in 1939 to dominate Antarctica — and that could only move by driving in reverse: the Snow Cruiser cost US$150,000 and was abandoned forever.
-
The quantum battery that uses entangled qubits quadruples the capacity of the quantum computer — and the experiment was led by Australia’s CSIRO with Queensland and Okinawa.
-
Paleontologists from Cariri find a 110-million-year-old burrowing bug preserved intact in Cariri Stones and name the new species Eurydicoris tabulatus in an international paper.
-
The Brazilian watch that NASA chose for the wrists of the four Artemis II astronauts around the Moon — and the company that beat global competition is located in São Paulo.
About Random
Randon is a conglomerate with nine companies, headquartered in Caxias do Sul, Rio Grande do Sul, in the transportation solutions sector. Currently, the company has its shares listed on B³ and has over 13,000 shareholders. The group includes manufacturers of auto parts, road implements, and vehicles, as well as a large consortium company. The companies are divided into three segments: manufacturers, auto parts, and financial services. Founded in 1949 by brothers Hercílio and Raul Randon, starting from a mechanical workshop for industrial engine repairs. The company gained visibility with the production and marketing of a wide range of equipment for land cargo transportation, such as towed vehicles. Today, Random sells its products in more than 100 countries.
Read more: Mineradora Vale Opens 120 vacancies in the Global Trainee Program and Engineering and Geology Specialist Trainee Program; check details
Be the first to react!