Gelita has acquired 65% of the shares in the Turkish gelatine producer SelJel. The joint venture is part of Gelita’s growth strategy to meet the increasing demand for gelatine, and in particular for halal bovine gelatine. This is a critical requirement not only in Islamic state but also in large parts of Asia to extend market share in this growth region.
The remaining 35% of the shares will remain with the founding family Tezman, who will also continue to manage the company.
Dr Franz Josef Konert, CEO of Gelita, commented: “SelJel complements Gelita perfectly. All their products have halal status, which helps us to meet the growing demand for these products. This will further strengthen Gelita’s strong global network, now with 23 locations worldwide, and SelJel will profit from Gelita’s global presence.”
Founded in 1961, SelJel initially focused on the production of technical gelatine. Since 2010, the product range has expanded to include edible gelatine, and later also pharmaceutical gelatine, all with halal status.