Industrias de Aceite S.A. doing business as Alicorp Bolivia or FINO, is a Bolivian consumer food and personal care products company that specializes in food and cooking oils,[1] particularly soybean-derived oils.[2][3] It is a wholly owned international subsidiary of Alicorp.[1][3] Industrias de Aceite is headquartered in Santa Cruz[1] with a large plant located in Warnes.[3][2] It also has a plant in Cochabamba. It is known for its FINO brand oils and spreads.[2]
| Company type | Public |
|---|---|
| BBV: FIN | |
| Industry | Food & Beverages |
| Founded | 1944 |
| Headquarters | , |
Area served | Bolivia |
| Owner | Alicorp |
| Website | Fino |
History
editThe company was founded in 1944[1] in the city of Cochabamba. The FINO brand was introduced in 1954. Production in the Warnes plant began in 1977.[2]
By 2013 vegetable oil production had increased to 2,500 metric tons (2,800 short tons) per day.[2]
In 2018 it merged with ADM-SAO S.A., subsidiary of Archer Daniels Midland, and was acquired by Peruvian consumer goods company Alicorp S.A.A. for 292 million USD.[4] The deal closed April 1, 2019.
Products
editThe products of Industrias de Aceite include:[5]
- Aceite Fino
- Aceite Fino Mental Activ
- Detergente UNO PRO
- Suavizante Uno Caricias
- Aceite Fino Light
- Jabon UNO
- Jabon AZO
- Jabon OSO
- Manteca Karina
- Manteca Gordito
- Margarina Regia
- Margarina Regia Light
- Primor
Distributed by FINO:[6]
- Van Camp's
- Borges
- Plusbelle
- Don Vittorio
- Mimaskot
- Bolívar
- Nutregal
- Victoria
- Super
References
edit- ^ a b c d "Company Overview of Industrias de Aceite S.A." Bloomberg. Retrieved December 29, 2017.
- ^ a b c d e "Pioneros del Sector Oleaginoso en Bolivia" (in Spanish). FINO. Retrieved December 29, 2017.
- ^ a b c Ross, Robert L. (2000). Mission Possible: The Story of the Latin American Agribusiness Development Corporation (LAAD). Transaction Publishers. p. 90. ISBN 0765800357. Retrieved December 29, 2017.
Industrias de Aceite bolivia oil production.
- ^ "Alicorp compra industrias Fino por $us 292 millones | EL DEBER". eldeber.com.bo (in Spanish). Retrieved 2020-07-13.
- ^ "Marcas Propias" (in Spanish). FINO. Retrieved December 29, 2017.
- ^ "Marcas Distribuidas" (in Spanish). FINO. Retrieved December 29, 2017.