Brazil and World
KIT International and Garra International to merge
Global primary products’ traders and exporters, KIT International (headquartered in Brazil) and Garra International (New Zealand) are merging this month, creating a joint venture with a combined turnover in excess of US$ 220 million, trading from offices in eight different countries.
The merged companies will have offices in Brazil, Paraguay, New Zealand, Egypt, Jordan, United Arab Emirates, United States of America and Australia. They will combine 85 current staff and may require new hires.
Garra was founded in Christchurch New Zealand 25 years ago by Ali Mossalem and KIT was founded in the United States in 2011 by the owner Frederico Kaefer.
“Our merger combines all of the physical and intellectual resources of two highly innovative and entrepreneurial companies. Together we can take a leadership role in the international trade of animal proteins, specially sourced for important and quality demanding customers”, affirms Kaefer.
Mossalem said the merger will strengthen both companies. “For example, Garra does not trade in chicken meat, but KIT does. So, for Garra’s established customers in the Middle East, the ability to add chicken to our offering is likely to grow our market share in that region. Similarly, Garra’s access to some of the best red meats and other primary produce that New Zealand and Australia have to offer will benefit KIT’s offering to its customers.”
KIT sells around 65,000 tons of primary products annually throughout the world. The company promotes its trading role as an important link between the animal protein production sector and the international consumer market. Garra specialises in marketing and exporting high quality red meat, including beef and lamb, offals, dairy, vegetables and seafood – sourced from trusted suppliers throughout the world – to markets in the Middle East, North Africa, Asia and North America.