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Alicorp SAA

Companies/Peru  •  Curated by Admin Timeline.sg

Alicorp SAA is Peru's leading consumer goods company, tracing its roots to 19th-century soap manufacturing and evolving through mergers, acquisitions, and market expansions to become a diversified food, personal care, and industrial products conglomerate listed on the Lima Stock Exchange.

Chronological Storyline (42 Milestones)

1872 CE

Founding of Jabonería La Perla

Established as a small soap factory in Callao, Peru, later becoming a precursor to industrial soap production in the country. #history #business

1934 CE

Compañía Industrial del Perú (CIP) Founded

CIP was created to produce vegetable oils and fats, becoming a key player in the Peruvian edible oil market. #industry #Peru

1939 CE

La Fabril S.A. Incorporation

La Fabril began producing soaps and detergents, later merging with other companies to form the core of Alicorp. #business #manufacturing

1956 CE

Alicorp S.A. Founded by Romero Group

The Romero family established Alicorp S.A. as a soap and detergent manufacturer, laying the groundwork for the future conglomerate. #corporate #founders

1969 CE

Launch of 'Opal' Detergent Brand

Alicorp introduced Opal, a laundry detergent that became a market leader in Peru, driving significant revenue growth. #brand #consumer

1978 CE

Expansion into Edible Oils

Alicorp began producing vegetable oils under the 'Cocinero' brand, diversifying beyond soaps and detergents. #food #diversification

1985 CE

Acquisition of Molinera del Centro

Alicorp acquired a wheat milling company, entering the flour and pasta market. #acquisition #milling

1990 CE

Launch of 'Don Vittorio' Pasta Brand

Introduction of a pasta brand that quickly gained popularity, strengthening Alicorp's position in the food sector. #brand #pasta

Jan 1, 1994 CE

Merger Creates Alicorp SAA

Alicorp S.A., Compañía Industrial del Perú, La Fabril, and Molinera del Centro merged to form Alicorp SAA, a unified consumer goods giant. #merger #corporate

Jun 1, 1997 CE

Initial Public Offering on BVL

Alicorp listed its shares on the Lima Stock Exchange (BVL), raising capital for expansion and increasing transparency. #ipo #stockmarket

1999 CE

Acquisition of Industrias del Envase

Acquired a packaging company to vertically integrate operations, reducing dependency on external suppliers. #acquisition #packaging

2001 CE

Launch of 'Alicorp Industrial' Division

Established a business unit catering to industrial clients with bulk oils and fats. #B2B #diversification

2004 CE

Brand 'Menta' Toothpaste Introduced

Entered the oral care market with Menta toothpaste, competing with global brands. #personalcare #brand

2005 CE

Exit from Beer Business

Sold its stake in Compañía Nacional de Cerveza to focus on core consumer goods. #divestiture #strategy

2007 CE

Acquisition of Grupo Colanta's Peruvian Assets

Acquired dairy and beverage operations from Colanta, boosting presence in the dairy segment. #acquisition #dairy

2008 CE

Launch of 'Alicorp Global' Export Division

Formed a division to export products to neighboring countries, beginning international expansion. #export #global

May 1, 2010 CE

Acquisition of Molinera Inca S.A.

Acquired a major flour mill in Ecuador, marking first significant foreign investment. #acquisition #Ecuador

2011 CE

New Corporate Headquarters in Lima

Moved to a state-of-the-art headquarters building in San Isidro, Lima. #corporate #facilities

2012 CE

Launch of 'Nutri' Animal Feed Brand

Entered the animal nutrition market with a premium feed brand for livestock. #agribusiness #diversification

Sep 30, 2013 CE

Acquisition of Kero S.A. (Ecuador)

Acquired Ecuadorian detergents and soap company Kero S.A., strengthening regional position. #acquisition #Ecuador

2014 CE

Revenue Exceeds S/. 4 Billion

Alicorp surpassed 4 billion soles in annual revenue, driven by acquisitions and organic growth. #financial #milestone

2015 CE

Launch of 'Alicorp Seguros' (Insurance Tie-up)

Partnered with insurers to offer product warranties under the Alicorp brand. #diversification #insurance

Mar 1, 2016 CE

Acquisition of Industrias ALPE S.A. (Bolivia)

Entered the Bolivian market by acquiring a local soap and detergent manufacturer. #acquisition #Bolivia

Dec 1, 2017 CE

Acquisition of Grupo Industrial Perú's Pasta Business

Acquired the pasta and biscuit business of Grupo Industrial Perú, becoming market leader. #acquisition #pasta

2017 CE

Rebranding of 'Alicorp' Logo and Packaging

Unveiled a modern corporate identity to unify its vast portfolio of brands. #branding #design

Apr 1, 2018 CE

Launch of 'Sapolio' Disinfectant Line

Introduced a range of household cleaning products under the Sapolio brand. #cleaning #brand

2018 CE

First Sustainability Report Published

Released its inaugural sustainability report, outlining environmental and social commitments. #sustainability #CSR

Jul 1, 2019 CE

Acquisition of Grupo Roma's Snacks Business

Acquired the snacks division of Grupo Roma, adding popular brands like 'KoKo' and 'Ritz' to its portfolio. #acquisition #snacks

Sep 1, 2019 CE

Launch of 'Alicorp Digital' E-commerce Platform

Launched a B2B e-commerce platform for small and medium retailers in Peru. #digital #ecommerce

Mar 16, 2020 CE

COVID-19 Pandemic Response

Ramped up production of hygiene products and donated to health workers during the pandemic. #COVID19 #health

2020 CE

Acquisition of Molinera del Ecuador (MODEQ)

Acquired a leading flour mill in Ecuador, consolidating its position in the Andean region. #acquisition #Ecuador

Feb 1, 2021 CE

Sale of Animal Nutrition Business to Cargill

Divested its animal nutrition division to focus on core consumer brands. #divestiture #strategy

Jun 1, 2021 CE

Launch of 'Alicorp Ventures' Corporate Venture Arm

Established a venture capital unit to invest in food tech startups. #innovation #venturecapital

Dec 1, 2021 CE

Alicorp Joins UN Global Compact

Committed to the UN's sustainability principles and reporting. #sustainability #UN

Jan 1, 2022 CE

Appointment of Giannina Honig as CEO

First female CEO of Alicorp, continuing the Romero family's leadership transition. #leadership #CEO

Mar 1, 2022 CE

Acquisition of Grupo Bimbo's Peruvian Operations

Acquired Bimbo's bread and bakery business in Peru, adding brands like 'Bimbo' and 'Wonder'. #acquisition #bakery

Oct 1, 2022 CE

Launch of 'Alicorp Net Zero' Carbon Goal

Announced a plan to achieve net-zero emissions by 2050. #environment #climate

May 1, 2023 CE

Expansion into Colombia via Acquisition of Productos Ramo

Acquired a Colombian snack and bakery company for $300 million, entering the Colombian market. #acquisition #Colombia

2023 CE

Revenue Surpasses S/. 10 Billion

Alicorp's annual revenue exceeded 10 billion soles for the first time, reflecting growth. #financial #milestone

Feb 1, 2024 CE

Alicorp Named 'Most Admired Company' in Peru

Recognized by business media for corporate reputation and innovation. #award #reputation

Aug 1, 2024 CE

Launch of 'Alicorp Smart Factory' Automation Initiative

Invested in AI and robotics to modernize its manufacturing plants. #technology #automation

2025 CE

Strategic Partnership with Danone for Dairy

Formed a joint venture with Danone to produce and distribute dairy products in Peru. #partnership #dairy