Votorantim Group facts for kids
Private | |
Industry | Investments |
Founded | 1918 in Votorantim, São Paulo |
Headquarters | São Paulo, Brazil |
Key people
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Products | Building materials, metals and mining, aluminum, orange juice, electric power, real estate, finance, long steel |
Revenue | R$ 12,7 bilhões (2T21) |
R$ 2,3 bilhões (2T21) | |
Number of employees
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34,4 mil |
Subsidiaries | AcerBrag CBA (76%) Citrosuco (50%) Nexa Resources (64,3%) Votorantim Cimentos Votorantim Energia Altre banco BV (50%) |
Votorantim S.A. is a permanently capitalized investment holding company, with a long-term investment approach. Its portfolio companies operate in 19 countries and in different economic sectors, as the building materials, banking, renewable energy, metals and mining, orange juice, infrastructure, and real estate industries.
History
It was founded in 1918 by José Ermírio de Moraes, an engineer from Pernambuco. Its model of corporate governance assures the Ermírio Morais family strategic controlling positions in the executive board. The Brazilian businessman Antônio Ermírio de Moraes was the representative of the family business, while non-family professionals are at the head of the Business Units.
Subsidiaries
The company’s portfolio includes leading companies from different economy sectors. They are:
- - Finance
- Companhia Brasileira de Aluminio - Aluminium
- Citrosuco - Orange juice
- Votorantim Cimentos - Cement
- Votorantim Energia - Energy
- Nexa Resources - Mining
- Acerbrag - Long steel
- Altre - Real estate
Directors and management
- Eduardo Vassimon (Chairman)
- João Schmidt (CEO)
See also
In Spanish: Votorantim para niños