GELITA completed the acquisition of a 65% stake in SelJel.

GELITA, a manufacturer of gelatin and collagen peptides, completed the acquisition of a 65% stake in SelJel, a gelatine producer. Financial terms were not disclosed. "We are delighted that we have come to an agreement. SelJel complements GELITA perfectly. All their products have halal status, which helps us to meet the growing demand for these products. This will further boost GELITA's strong global network, now with 23 locations worldwide, and SelJel will profit from GELITA's global presence," Franz Josef Konert, GELITA CEO.