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Alicorp

Topics: Food companies of Peru

Alicorp S.A.A. is the largest Peruvian consumer goods company with operations in South, Central and North America.

History

The company we now know as Alicorp was started in 1956 as Industrias Anderson, Clayton & Co. as an oil and soap manufacturer in the port of Callao, Peru. In 1971 the Peruvian conglomerate Grupo Romero acquires Anderson, Clayton & Co. and renames it Compania Industrial Peru Pacifico S.A. (CIPPSA).

The company survived during the years of the Military Rule in Peru and during the 1990's will embark in several acquisitions. In 1993 it absorbs Calixto Romero S.A. and Compania Oleaginosa Pisco S.A. which were also owned by Grupo Romero. In 1995 acquires La Fabril S.A., the largest food manufacturer in Peru to Grupo Bunge y Born from Argentina. CIPSSA changes it name to Consorcio de Alimentos Fabril Pacifico S.A. (CFP) this same year.

CFP merges with Nicolini Hmnos S.A. and Compania Molinera del Peru S.A. in 1996 and changes to its final name in 1997, Alicorp. Recent acquisitions in the last years have been:

2001 - Acquires assets and brands owned by the Peruvian subsidiary of Unilever.

2004 - Acquires Alimentum S.A. in order to enter the ice cream business.

2005 - Buys a laundry plant owned also by Unilever and several laundry brands.

2006 - Acquires Asa Alimentos and Molinera Inca.

Financial Results

Alicorp achieved revenues of 640 million dollars during 2006 [*] and profits of 35 million dollars [*].

During the first quarter of 2007, Alicorp registered a 20.3% [*] increase in revenues thanks to new product developments.

Main Brands

Cooking Oils: Primor, Capri, Cocinero, Cil.

Hair Care: Anua

Pasta: Don Vittorio, Nicolini, Lavaggi, Alianza

Confectionery: Casino, Glacitas, Victoria, Wazzu, Fenix

Domestic Flour: Blanca Flor, Favorita

Ice Creams: Lamborgini

Tea: Zurit

Laundry Care: Bolivar, Opal, Marsella

Milk: Soyandina

Spreads: Manty, Sello de Oro

Pet Food: Mimaskot, Nutrican

Juice: Yaps, Kanu, Negrita, Kiriba

Seasoning: Alacena

External links

Alicorp [*] web-site.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Alicorp

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