Industrias de Aceite

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]

Industrias de Aceite S.A.
Public
Traded asBBV: FIN
IndustryFood & Beverages
Founded1944
Headquarters
Santa Cruz de la Sierra
,
Bolivia
Area served
Bolivia
OwnerAlicorp
WebsiteFino

History

The 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 1st, 2019.

Products

The 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
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References
  1. "Company Overview of Industrias de Aceite S.A." Bloomberg. Retrieved December 29, 2017.
  2. "Pioneros del Sector Oleaginoso en Bolivia" (in Spanish). FINO. Retrieved December 29, 2017.
  3. 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.
  4. "Alicorp compra industrias Fino por $us 292 millones | EL DEBER". eldeber.com.bo (in Spanish). Retrieved 2020-07-13.
  5. "Marcas Propias" (in Spanish). FINO. Retrieved December 29, 2017.
  6. "Marcas Distribuidas" (in Spanish). FINO. Retrieved December 29, 2017.
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