The strategic, commercial, and technological alignment of the companies aims at bringing connectivity to 50% of the installed storage capacity in ten years 

São Paulo, March 7, 2023 – Kepler Weber (KEPL3) concluded the purchase process of 50% plus one share of Procer (Procer S/A), the main Brazilian player specifically focused on technology for grain storage. The value of the transaction was not disclosed by the Company but it informed, in a Notice to the Market, that the “purchase price was not a significant investment under Brazilian Corporation Law”.

The due diligence procedure started in the second half of 2022. With this conclusion, Procer becomes part of Kepler Weber’s digital strategy. The latter is a Latin American leader in post-harvest grain storage solutions and bulk handling at ports.

“This announcement is the consolidation of the Company’s digital journey, which started in 2019, to offer its customers the best solutions in the search for post-harvest efficiency. At the end of the day, it all comes to increased safety and profitability to our customers”, says Piero Abbondi.

Procer is present throughout Brazil and Latin American countries. In 2022, the company reported net revenue growth of 90%, compared to 2021, which moved up from R$31.5 million to R$60 million.

Created in Criciúma (SC) in 2011, Procer has 180 employees. The company is a market leader and pioneer in terms of the use of digital sensors that allow the automation and management of the grain storage process.

According to the companies, the units monitored and operated by the technology achieve significant gains in efficiency by reducing energy consumption, and improving the quality and conservation of grains. Brazil currently has around 17 thousand storage units.

The demand for Procer technologies has significantly grown in the last few years. In a little more than six months, the installed capacity of the country’s connected plants moved up from 10% to 12% this month.

“Kepler Weber’s and Procer’s business plan is to reach 50% of Brazil’s storage plants in the next few years, allowing them to fight losses in the post-harvest stage and save R$5 billion per crop for the Brazilian agribusiness”, says Murilo Schneider, founding partner of Procer.

To expand post-harvest connectivity, both companies already started commercial alignment and technological sharing. Procer will continue with the strategy of broadly licensing its products and technologies, independently assisting all silo and equipment manufacturers, including Kepler Weber.