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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 (Chairman)
  • João H. Schmidt (CEO)
Products Building materials, finance, aluminium, clean and renewable energy, metals and mining, orange juice, long steel, growth, real estate, infrastructure
Revenue Increase $ 10,4 billion (2023)
Increase $ 2,1 billion (2023)
Number of employees
36,507
Subsidiaries AcerBrag
CBA
Citrosuco
Nexa Resources
Votorantim Cimentos
Auren Energia
Altre
Banco BV
23S Capital
CCR

Votorantim S.A. is a big Brazilian company that invests in many different businesses. Think of it like a parent company that owns parts of many other companies. These companies work in 16 different countries! They do all sorts of things, like making building materials, helping with money (finance), producing aluminum, and even making orange juice. They also work with clean and renewable energy, metals, mining, and real estate.

Votorantim is known for being a very strong and reliable company. It has received high ratings from important groups like Standard & Poors, Fitch Ratings, and Moody's. This means experts believe Votorantim is good at managing its money and investments.

The company also cares about the future. It's part of a group called FCLTGlobal, which helps businesses plan for the long term. Votorantim has also been a supporter of the UN Global Compact since 2011. This means they promise to follow important rules about human rights, labor, the environment, and fighting corruption.

History of Votorantim

Votorantim S.A. was started in 1918 by a smart engineer named José Ermírio de Moraes. He was from a place in Brazil called Pernambuco. Even today, his family, the Ermírio Moraes family, helps guide the company's main plans. However, everyday business is run by experienced professionals who are not part of the family. A famous Brazilian businessman, Antônio Ermírio de Moraes, was a key family leader for the company for many years.

What Votorantim Does

In 2021, Votorantim teamed up with another big company called CPP Investments. They decided to combine their energy businesses in Brazil. This created a new energy company that started trading on Brazil's stock market in 2022. This new company is called Auren Energia.

Companies Votorantim Owns

Votorantim owns parts of many important companies across different industries. Here are some of them:

  • Votorantim Cimentos — This company makes cement and other building materials.
  • Banco BV — This is a bank that helps people with their money.
  • Companhia Brasileira de Aluminio — This company produces aluminum, which is used in many things, from soda cans to airplanes.
  • Auren Energia — This company focuses on producing and selling energy.
  • Nexa Resources — They work with metals and mining, finding important resources from the ground.
  • Citrosuco — This company makes orange juice.
  • Acerbrag — They produce long steel, which is used in construction.
  • Altre — This company works with real estate, like buildings and land.
  • 23S Capital — This group invests in new and growing businesses.
  • CCR — They manage infrastructure, like roads and transportation systems.

Who Leads Votorantim

The main leaders of Votorantim are:

  • Eduardo Vassimon (Chairman) — He is like the head of the board of directors.
  • João Schmidt (CEO) — He is the chief executive officer, in charge of the company's daily operations.

More Information

  • Votorantim Cimentos Pushes Brazil IPO Plans to $12.7 Billion from April 17, 2013, on Bloomberg.com

See also

Kids robot.svg In Spanish: Votorantim para niños

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