Votorantim Group
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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 S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is consi ...
,
Fitch Ratings Fitch Ratings Inc. is an American credit rating agency and is one of the " Big Three credit rating agencies", the other two being Moody's and Standard & Poor's. It is one of the three nationally recognized statistical rating organizations ( NRSRO ...
and
Moody's Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Moody's Investors Service provides internationa ...
. 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 Pernambuco () is a States of Brazil, state of Brazil, located in the Northeast Region, Brazil, Northeast region of the country. With an estimated population of 9.6 million people as of 2020, making it List of Brazilian states by population, sev ...
. Its model of corporate governance assures the Ermírio Moraes family strategic controlling positions in the executive board. The Brazilian businessman
Antônio Ermírio de Moraes Antônio Ermírio de Moraes (June 4, 1928 – August 24, 2014) was a Brazilian billionaire businessman and the chairman of the Votorantim Group, one of the country's largest companies, focused on metals, paper, cement and frozen orange juice. He ...
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)


References


External links


''Votorantim Cimentos Pushes Brazil IPO Plans to $12.7 Billion''
April 17, 2013 Bloomberg.com Companies based in São Paulo Conglomerate companies of Brazil Privately held companies of Brazil {{Brazil-company-stub