Alicorp

Infobox Company
company_name = Alicorp
company_
company_type = Public (BVL: ALICORC1)
foundation = 1956
location = flagicon|PeruCallao, Peru
key_people = Dionisio Romero Paoletti (Chairman) Leslie Pierce (CEO)
Guillermo Paredes (VP Marketing).
industry = Branded Foods, Laundry and Hair Care Products
products =
revenue = profitUS$ 1.11 billion ("2008")
operating_income =
net_income = profitUS$ 286.5 million ("2008")
num_employees = 2,300
parent = Grupo Romero
homepage = [http://www.alicorp.com.pe/ www.alicorp.com.pe]
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 Compañia 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 Compañia 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 Compañia 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.
2008 - Acquires Colombian company PROPERSA and Argentinian company The Value Brand Company.

Financial Results

Alicorp achieved revenues of 896 million dollars during 2007, a 40% increase compared to 2006. [ [http://finance.google.com/finance?q=LIN:ALICORC1] and profits of 39 million dollars.]
Alicorp planst to boost sales to US$2 billion by 2013 based on foreign acquisitions and export projections. [ [http://www.reuters.com/article/idUSN0130270220080401] ]

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 [http://www.alicorp.com.pe] web-site.