It was a trip to California, in the United States, still in adolescence, that Ricardo Varia, founder Granga FariaI decided to change the plans of studying medicine for agricultural engineering. After years, the choice was proved more than the right. The agricultural economy, which graduated from Rio Grande de Sol, has become,The king of eggs‘
The pseudonym is due to the giant numbers of your work. Granja Faria was founded in 2006, and it became the largest producer of eggs and emotions in Brazil. With 2500 employees in 34 production units, it provides about 14 million eggs per day.
With an investment of $ 16,000, Varia began to operate lavebras, which is artificial washing in 1997. But she decided to leave the industrial washing sector and invest in agricultural business. In 2022, AGRO’s revenues came from $ 183 million in 2017, the year in which lavebras sold to more than P. $ 2 billion, equally divided between grain production and egg production. In 2019, Granja Faria Wing and Lana bought in Minas Gerais and the process doubled three times in size. Revenue moved from $ 214 million to $ 683 million.
The businessman invests in buying Granja Alexaves and Granja Faria revenues reach one billion dollars for the first time. Ricardo Faria has become the fifth largest grain producer in Brazil, with 120,000 hectares.
From Brazil to the world
In 2024, a difficult time for many agricultural business companies, the businessman in Santa Catarina had many reasons for the celebration. The company has registered 50 % growth and today it exports fertile eggs to 18 countries. 100 million fertile eggs were exported last year.
Granga expects to get out of the Brazilian nest with internationalization plans. The global egg market is promising. Last year, it amounted to $ 150.83 billion. The market is expected to grow from $ 158.81 billion by 2025 to 222.86 billion dollars by 2032.
Last year, Granja Faria announced that Hevo, the second largest egg producer in Spain, for 120 million euros. This month, Ricardo Varia Hylandal Pharmes bought $ 1.1 billion, one of the largest egg producers in the United States.
The acquisition was performed via global eggs, and Faria -FARIA handicrafts and its partners in Granja Faria, but with a separate structure. As part of the transaction, the BTG (from the Controller Group itself) will invest $ 300 million in global eggs in exchange for a 11 % equivalent share. Holding postponed the public subscription in the United States.
The businessman doubles production later this year with the completion of the transaction. With the agreement, global eggs will have revenues from US dollar 2 billion, with EBITDA in a house US dollar 500 million.
In an exclusive interview with Insight, Ricardo Faria He said that the golden egg chicken has one of the most important levels of performance, companies that “are going well, but can perform much better if the unified technologies by Granja Faria.” In this last file that I can run, floating and where we can provide more value. “
