João Gerdau
João Gerdau was a German-born Brazilian businessman and the founder of Gerdau.
Biography
Early life and education
Gerdau was born in 1849 in Altona, Hamburg, Germany, the son of farmers Johannes Gerdau and Anna Focken. He completed a technical accounting course at a technical school in Hamburg.Career
In 1869, Gerdau emigrated to southern Brazil to find new business opportunities. He arrived at the port of Rio Grande, Rio Grande do Sul aged 20, and established himself in Colônia de Santo Ângelo, where he invested in trade, transport and the subdivision of land. He moved to the town of Cachoeira do Sul in 1884, where he founded a General Store. In 1901, he bought a nail factory in Porto Alegre and founded Gerdau.His son, Hugo Gerdau, inherited the business, and in turn, passed it to his son-in-law Curt Johannpeter in 1946.