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Votorantim Group facts for kids

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Votorantim S.A.
Private
Industry Investments
Founded 1918 in Votorantim, São Paulo
Headquarters São Paulo, Brazil
Key people
  • Eduardo Vassimon (board chairman)
  • João H. Schmidt (CEO)
Products Building materials, metals and mining, aluminum, orange juice, electric power, real estate, finance, long steel
Revenue Increase R$ 12,7 bilhões (2T21)
Increase R$ 2,3 bilhões (2T21)
Number of employees
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:

Directors and management

  • Eduardo Vassimon (Chairman)
  • João Schmidt (CEO)

See also

Kids robot.svg In Spanish: Votorantim para niños

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