GTF, one of the six largest poultry producers in Brazil and among the ten largest exporters of this protein, has completed its second issuance of Agribusiness Receivables Certificates (CRA), totaling BRL 375 million. The transaction represents an increase of more than 350% compared to the first issuance and marks a new stage in the company’s financial and growth strategy.
The new issuance is focused on strengthening the capital structure, extending debt maturities, and improving the product mix. The funds will also be allocated to investments in innovation, automation, expansion of industrial plants, packaging, and sustainability. One of the main priorities is the development of higher value-added products, such as IQF (Individually Quick Frozen) items, aimed at both international markets and domestic consumers.
With revenue of BRL 4 billion in 2024, GTF revised its strategic planning and set a goal of reaching BRL 5 billion in revenue by 2026. The company projects continuous and sustainable growth, supported by financial discipline and an expanded presence in the capital markets.
GTF’s operational structure is supported by a diversified portfolio. The Canção brands, focused on frozen poultry and fish proteins, account for approximately 90% of revenue, while Lorenz, the largest cassava processor in Brazil, represents the remaining 10%. Over the next five years, the company plans to expand its production capacity to reach a slaughter volume exceeding 800,000 birds per day through the expansion of its industrial plants.
According to Vinícius Gonçalves, Vice President of GTF, the second CRA issuance consolidates a growth cycle initiated after strong recent operational performance. “We project continuous and sustainable growth in the coming years. In 2024, we reached BRL 4 billion in revenue, which drove the launch of a new strategic plan. This second issuance marks another important step in our expansion process. We are strengthening the company with investments in new plants, automation, innovation, packaging, and sustainability, with the goal of continuing to grow in a solid manner,” he said.
For the company’s CEO, Rafael Tortola, the transaction is strategic in consolidating the restoration of GTF’s bankability and signaling a new phase of the company to the financial market. According to him, the fundraising reinforces investor confidence and is aligned with the long-term plan that combines growth with value generation, innovation, and operational efficiency.
Founded in 1992, GTF has a vertically integrated production chain and markets more than 38,000 tons of frozen poultry, fish, and vegetables per month, in addition to approximately 6,500 tons of cassava starch-based solutions. The company employs more than 10,000 people, operates its own logistics with a fleet of 258 trucks, and maintains eight storage and distribution branches across Brazil. Authorized to export to more than 100 countries, the company holds international certifications and approvals, including China Approved, EU Approved, Halal certification, and seals such as IFS Global Markets and BRCGS, in addition to multiple approvals from Brazil’s Federal Inspection Service.
With the new CRA issuance, GTF strengthens its financial position and lays the foundation to sustain productive and commercial expansion in an increasingly competitive sector that demands efficiency, traceability, and higher value-added products.
Source: Brazil Economy


