Alicorp

What Alicorp does

Alicorp is a Peruvian consumer goods company founded in 1956 and headquartered in Miraflores, Lima, with 5,001–10,000 employees and a public listing on the Luxembourg Stock Exchange (ALICORC1). The company operates through three principal segments: Consumer Goods (Consumo Masivo) covering foods, home care, and personal care; B2B Ingredients (Alicorp Soluciones) supplying the bakery, gastronomy, and industrial sectors; and Aquaculture (Vitapro) producing balanced feed for shrimp, salmon, and other fish. Its brand portfolio includes deep heritage Peruvian marques such as Primor, Don Vittorio, AlaCena, Nicolini, Sapolio, Dento, Bolivar, Blanca Flor, and Ángel, with manufacturing facilities across Callao, Lima, Arequipa, Trujillo, and Paita, plus a newly added plant in Cali, Colombia.

The business model combines branded mass-market retail (traditional trade and modern trade), B2B ingredient supply, and aquaculture feed — monetized through unit sales across multiple price tiers and categories. Vertical integration is provided by subsidiaries such as Industrias del Espino, Industria de Grasas y Aceites, Intradevco Industrial, and Vitapro, while Alicorp Holdco España structures the company's international operations. Historically anchored in Peru, Bolivia, and Ecuador, Alicorp has been executing a multi-year international expansion: in roughly 12 months it acquired Jabonería Wilson (Oct 2025), Unilever's home-care business in Colombia and Ecuador (Jan 2026), and Flora Food Group's Latin American operations across seven additional markets (Mar 2026), explicitly excluding Brazil and Mexico. The result is a platform spanning approximately 10 Latin American countries, with M&A — rather than greenfield — as the principal growth engine.

Name

Alicorp

Legal name

Alicorp S.A.A.

Website

https://alicorp.com.pe

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Alicorp is a Peru-based, publicly listed consumer goods company (luxse:ALICORC1) manufacturing branded foods, home care, and personal care products, operating B2B ingredients (Alicorp Soluciones) and aquaculture feed (Vitapro), and expanding across roughly 10 Latin American countries via acquisition.

Ownership category

akta.pro rank

Product category

Consumer Packaged Goods

NAICS

Cookie, Cracker, and Pasta Manufacturing (31182), Food Manufacturing (311)

SIC

Food And Kindred Products (2000), Cookies & Crackers (2052)

akta.pro primary industry

Breakfast Foods & Cereals (Cereal, Granola, Oatmeal) (CRADAAAE)

akta.pro secondary industries

Snack Bars (Granola, Protein, Cereal Bars) (CRADABAG), Salad Dressings & Vinaigrettes Manufacturing (AFAKADAC), Pastry, Cakes & Desserts Wholesale (AFAIAFAB)

Keywords

• Consumer goods manufacturing
• Food products
• Home care products
• Aquaculture feed
• B2B food ingredients

Headquarters

HQ city

Miraflores

HQ country

Peru

HQ region

Latin America

Offices16 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Consumer Goods Manufacturing: Manufactures and sells consumer goods including food products (cookies, pasta, mayonnaise, edible oils), home care products (detergents, soaps, cleaning products), and personal care items under multiple brands. Revenue generated through product sales to retail channels and direct customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Alicorp manufactures and sells consumer packaged goods across food (pasta, cookies, edible oils, sauces, mayonnaise, cereals, panettone), home care (detergents, dishwashing and surface cleaners), and personal care categories under multiple brands such as Primor, Don Vittorio, AlaCena, Casino, Bolívar, and Sapolio. The company also produces balanced feed for shrimp, salmon, and fish aquaculture and supplies ingredients to industrial bakeries, gastronomy, and large industrial customers through its B2B solutions arm.

Product overview

Alicorp is a Peruvian consumer goods company organized into four main business divisions: Consumo masivo (Consumer Goods) covering foods, home care, and personal care; Alicorp Soluciones B2B providing ingredients and supplies for baking, gastronomy and industrial sectors; Acuicultura (Aquaculture) producing balanced feed for shrimp, salmon and fish; and Industrias del Espino as a subsidiary. The company markets multiple consumer brands including Don Vittorio, Nicolini (pasta), AlaCena (sauces/mayonnaise), Casino (cooking oil), Crisol (frying oil), Bolívar (detergents), Sapolio (home cleaning), Primor, Amarás, Famosa, Primavera, Macbel (personal care), Dento (dental care), Blanca Flor (panettone), Ángel (cereals), Sayón and Victoria (cookies/biscuits), and Trome (laundry). The company operates across Peru, Ecuador, and Bolivia with recent expansion into Latin American markets through acquisitions.

Differentiator

Problem solved

Functional benefit

Brands

• Primor: Consumer goods brand
• Don Vittorio
• AlaCena
• Casino
• Bolivar
• Amaras
• Famosa
• Nicolini
• Primavera
• Macbel
• Crisol
• Sapolio Pro
• Dento
• Blanca Flor

Products and services

• Consumo Masivo (Mass Consumption) Core business unit offering food products (pasta, cookies, edible oils, sauces, mayonnaise, cereals, panettone), home care products (detergents, dishwashing and surface cleaners), and personal care items (oral care, hygiene) for households across Peru, Bolivia, Ecuador and expanded Latin American markets.
• Alicorp Soluciones - B2B Business-to-business service supplying ingredients and inputs (oils, fats, flours, sauces) to professional bakeries, gastronomy businesses, and large industrial customers.
• Acuicultura (Aquaculture Feed) Balanced feed products for shrimp, salmon, and fish farming operations, supporting the aquaculture sector's feed conversion efficiency and animal nutrition needs.
• Industrias del Espino Industrial manufacturing operations under Industrias del Espino S.A. subsidiary focused on consumer goods production supporting the broader portfolio.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered flagship and core.

• Flora Food GroupflagshipStrategic or Co-development Partner · 13 March 2026Acquisition agreement to purchase Flora Food Group's Latin American operations spanning 7 markets (Guatemala, Panama, Dominican Republic, Colombia, Ecuador, Peru, Chile), including manufacturing facility in Cali, Colombia. Transaction via Alicorp Holdco España subsidiary. Excludes Brazil and Mexico operations. Subject to regulatory approval, expected closing late 2026.
• UnileverflagshipStrategic or Co-development Partner · 1 January 2026Acquisition of Unilever's home-care business in Colombia and Ecuador, announced January 2026, expanding Alicorp's footprint in home care category in Andean region.
• Tai LoycoreGTM or Marketing Partner · 1 March 2024Strategic cross-brand promotion alliance where Alicorp products (Sayón and Victoria cookies) serve as entry mechanism for Tai Loy school supplies discounts up to 20%, valid nationwide in Tai Loy retail stores.
• Xplora TechnologycoreImplementation/ SI/ Consulting Partner · 5 May 2023Xplora Technology S.A.C. (RUC 20610292934) is the promotional agency implementing Alicorp's commercial promotions, including sampling programs, promotional games, and in-store activations across Peru.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Colgate-Palmolive: Global personal care and household products company with strong oral care presence across Latin America. Comparable to Alicorp's Dento oral care brand and broader personal care portfolio (Amarás, Macbel) as a multinational competitor in overlapping categories.
• Grupo Bimbo: Mexican multinational baked goods company and one of the largest bakery producers globally, with significant Latin American operations. Directly comparable to Alicorp's cookie/biscuit business (Sayón, Victoria) and shares the multi-country Latin American footprint Alicorp is building through the Flora Food Group acquisition.
• Unilever: Global consumer goods major with major home care and personal care operations across Latin America. Directly comparable to Alicorp's Sapolio, Bolívar, Dento, and Macbel brands, and notably a recent seller of home-care assets to Alicorp in Colombia and Ecuador.
• Ajinomoto: Japanese food and seasoning multinational with significant Latin American presence in sauces, seasonings, and culinary products. Comparable to Alicorp's AlaCena brand (mayonnaise, sauces) as a competitor in flavor/culinary categories across Andean and broader Latin American markets.
• Procter & Gamble: Global household products leader with significant Latin American footprint in detergents, cleaning, and personal care. Comparable to Alicorp's home care (Bolívar, Sapolio, Trome) and personal care (Dento) brands, representing the competitive landscape in newly entered markets.
• Nestlé: Global packaged food giant with deep presence across Latin America in cereals, cookies, dairy, and culinary products. Comparable as the dominant multinational CPG player whose brands (Maggi, Nestlé cereals, cookie brands) overlap with Alicorp's portfolio in newly entered markets.

Regional players

• Empresas Polar: Venezuelan food and beverage conglomerate producing corn flour, edible oils, pasta, and beverages, with strong regional Latin American presence. Comparable to Alicorp's edible oils, pasta, and diversified CPG portfolio, though primarily focused on Venezuela and selected Andean/Caribbean markets.
• Cosan (Raízen): Brazilian conglomerate with food, edible oils, and consumer products operations. Comparable to Alicorp's edible oils and consumer goods manufacturing model, though primarily focused on the Brazilian market that Alicorp currently does not serve.

Direct peers

• Grupo Gloria: Peruvian diversified conglomerate producing dairy, foods, paper, and chemicals, with similar multi-category mass consumption focus in Peru and Bolivia. Most directly comparable as a fellow Peruvian/Bolivian CPG conglomerate competing across overlapping food and household categories.

Others

• Vitapro (Alicorp subsidiary) / Skretting / BioMar peers: Skretting (Nutreco) and BioMar are global aquaculture feed producers serving shrimp and salmon farming — comparable to Alicorp's Vitapro aquaculture division. They represent the competitive set in the higher-growth aquaculture feed segment that Alicorp's subsidiary serves.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/alicorpoficial

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alicorp