Alicorp

Alicorp S.A.A.
Company type	Public
Traded as	BVL: ALICORC1
Industry	Food & Beverages
Founded	1956
Headquarters	Callao, Peru
Area served	Latin America
Key people	Dionisio Romero Paoletti (Chairman); Alfredo Perez (CEO)
Revenue	US$ 1.753 billion (2012)
Operating income	US$ 203.3 million (2012)
Net income	US$ 137.7 million (2012)
Number of employees	5,000
Website	Alicorp

Alicorp is the largest Peruvian consumer goods company, with operations in South America.

History

The company now known as Alicorp was started in 1956 as Industrias Teodoro Aldude and Anderson, Clayton & Co. as an oil and soap manufacturer in the port of Callao, Peru. In 1971, the Peruvian conglomerate Grupo Romero acquired Anderson, Clayton & Co. and renamed it Compañia Industrial Peru Pacifico S.A. (CIPPSA).
The company survived during the years of military rule in Peru and during the 1990s, embarked on several acquisitions. In 1993, it absorbed Calixto Romero S.A. and Compañia Oleaginosa Pisco S.A. which were also owned by Grupo Romero. In 1995, it acquired La Fabril S.A., the largest food manufacturer in Peru from Grupo Bunge y Born from Argentina. CIPPSA changed its name to Consorcio de Alimentos Fabril Pacifico S.A. (CFP) in 1995. CFP merged with Nicolini Hermanos S.A. and Compañia Molinera del Peru S.A. in 1996, and changed its name to Alicorp in 1997.^[1]

According to Ojo Público, in 2015, it concentrated 27% of the food industry in the country, with income of 1229.6 million soles.^[2]

Acquisitions

2001 – Acquired assets and brands owned by the Peruvian subsidiary of Unilever.
2004 – Acquired Alimentum S.A. in order to enter the ice cream business.
2005 – Bought a laundry plant owned by Unilever and several laundry brands.
2006 – Acquired Asa Alimentos and Molinera Inca.
2008 – Acquired Colombian company PROPERSA and Argentinian company The Value Brand Company.
2010 – Acquired Argentinian company SANFORD
2012 – Acquired Chilean company SALMOFOOD, expanding its animal nutrition business.

Financial Results

Alicorp achieved revenues of 896 million dollars during 2007, a 40% increase compared to 2006.^[3]
Alicorp plans to boost sales to US$2 billion by 2013 based on foreign acquisitions and export projections.^[4]

Main Brands

Perú

Cooking Oils: Primor, Capri, Cocinero, Cil, Friol
Hair Care: Plusbelle
Pasta: Don Vittorio, Nicolini, Lavaggi, Alianza, Espiga de Oro, Victoria
Cookies: Casino, Glacitas, Victoria, Wazzu, Fénix, Tentación, Tejanas, Margarita, Divas, Integrackers, Choco Bum, Chomp
Domestic Flour: Blanca Flor, Favorita
Laundry Care: Bolívar, Opal, Marsella, Trome
Spreads: Manty, Sello de Oro
Juice: Kanú, Umsha
Seasoning: AlaCena, AlaCena Tarí, Salsa Don Vittorio

Brazil

Pastas: Santa Amália
Hair Care: Plusbelle
Chocolate Powder: Geneo

References

^ Perú en cifras (in Spanish). Empresa gráfica Scheuch s.a. 1944.
^ Salazar, Elizabeth (2019-11-15). "La poderosa industria que sirve la mesa en Perú". Ojo Público (in Spanish). Retrieved 2023-01-22.
^ [1] and profits of 39 million dollars.
^ "Peru's Alicorp sees sales at $2 billion". Reuters. April 2008.

External links

Official website (in Spanish)

[1] Perú en cifras (in Spanish). Empresa gráfica Scheuch s.a. 1944.

[2] Salazar, Elizabeth (2019-11-15). "La poderosa industria que sirve la mesa en Perú". Ojo Público (in Spanish). Retrieved 2023-01-22.

[3] [1] and profits of 39 million dollars.

[4] "Peru's Alicorp sees sales at $2 billion". Reuters. April 2008.

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