Votorantim Group facts for kids
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| Private | |
| Industry | Investments |
| Founded | 1918 in Votorantim, São Paulo |
| Headquarters | São Paulo, Brazil |
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Key people
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| Products | Building materials, finance, aluminium, clean and renewable energy, metals and mining, orange juice, long steel, growth, real estate, infrastructure |
| Revenue |  R$ 49,008,000,000 (2021) |
| R$ 7,120,000,000 (2021) |
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Number of employees
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36,507 |
| Subsidiaries | AcerBrag CBA Citrosuco Nexa Resources Votorantim Cimentos Auren Energia Altre Banco BV 23S Capital CCR |
Votorantim S.A. is a permanently capitalized investment holding company, with a long-term investment approach. Its portfolio companies operate in 16 countries and in different economic sectors, as building materials, finance, aluminum, clean and renewable energy, metals and mining, orange juice, long steel, growth, real estate, and infrastructure.
Votorantim is one of the few Brazilian companies with investment grade rating by the three main rating agencies in the world: Standard & Poors, Fitch Ratings and Moody's.
The company is also a member of FCLTGlobal, a non-profit organization that produces research and tools that promote long-term investment and business strategies, and signatory of the UN Global Compact since 2011.
History
It was founded in 1918 by José Ermírio de Moraes, an engineer from Pernambuco. Its model of corporate governance assures the Ermírio Moraes 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.
Overview
In 2021, Votorantim and CPP Investments announced a plan to consolidate energy assets in Brazil, creating a company to be listed on the ‘Novo Mercado’ segment of the B3 Stock Change. In 2022, this company was named Auren Energia and debuted on Brazil's stock market.
Subsidiaries
The company’s portfolio includes leading companies from different economy sectors. They are:
- Votorantim Cimentos — Building materials and sustainable solutions
- Banco BV — Finance and banking
- Companhia Brasileira de Aluminio — Aluminum
- Auren Energia — Clean and renewable energy
- Nexa Resources — Metals and mining
- Citrosuco — Orange juice
- Acerbrag — Long steel
- Altre — Real estate
- 23S Capital — Growth
- CCR — Infrastructure and mobility
Board and Management
- Eduardo Vassimon (Chairman)
- João Schmidt (CEO)
See also
In Spanish: Votorantim para niños
