Viscofan

#3179

Rank

$3.26B

MarketCap ES

ES Spain

Country

Summary
Viscofan, S.A., together with its subsidiaries, manufactures and distributes artificial casings primarily for use in the meat and other industry worldwide. The company offers cellulose casings for cooked, smoked, or unsmoked sausages; collagen casings for processed, fresh, and pre-cooked fried sausages or dry-cured snacks; fibrous casings for sliced goods, such as mortadella or salamis; and other plastic casings and packing solutions. The company offers its cellulosic wraps under the Viscofan brands; collagen casings under the Colfan, NDX, Viscofan Natur, Edicurve, Eficook, and Efidry brands; fibrous casings under the Securex, Zip, PSX, and Titanium brands; casings, films, bags, and other plastic products under the Viscofan Smoke, Betan, Tripan, V-4000 brands; functional solutions under the Vispice, Roast-E, Smoke-E, and Edileaf brands; and vegetable casings under the Viscofan Veggie brand. It also manufactures interleaver films; leases industrial machinery; and generates and sells electricity through its cogeneration plants. The company was formerly known as Viscofan, Industria Navarra de Envolturas Celulósicas, S.A. and changed its name to Viscofan, S.A. in June 2002.Viscofan, S.A. was incorporated in 1975 and is headquartered in Tajonar, Spain.

History

Viscofan was founded in 1975, the year in which the production and commercialisation of its products began. The company's solid growth led it to taking the next natural step into starting its share trading in the Madrid Stock Exchange General Index in December 1986.

As part of its growth strategy, in 1988 Viscofan acquired the food group IAN , which enabled it to gain momentum in the industry on a national level.

Following this, the company designed an international expansion strategy which began with the acquisition of the German company Naturin GmbH&Co in 1990 and with the opening of new commercial offices in other countries.

In 1995 it acquired Gamex in the Czech Republic and Trificiel in Sao Paulo . Its expansion continued, and in 2005 it acquired Koteksprodukt AD in Serbia and the assets of AB Tripasin of Sweden. A year later, in 2006, Viscofan strengthened its presence in the American market with the purchase of the American assets of Teepak .

In 2008 the company executed the expansion of its co-generation plant in Spain. In the same year, Viscofan Bioengineering was constituted as a business unit that combines biosciences and engineering to supply collagen-based products which can be applied to repair damaged tissues in patients. The Viscofan Group's Bioengineering unit is located in Weinheim , a benchmark centre for the company's collagen casings, where it has an additional cleanroom to produce collagen products for medical use.

In 2009 a new milestone was reached within the company's international expansion strategy, with the creation of Viscofan Technology Co. Ltd. in China. Viscofan already distributed its products in the Asian country prior to this but it did not have its own production centre. A year later, in 2010, the first converting plant in the country was inaugurated.

Particularly outstanding in 2012 was the creation of Viscofan Uruguay S.A., converting collagen for the first time in Latin America.

In 2013, in its drive into the Asian market, the collagen extrusion plant was opened in China. A year later, in 2014, the Company opened the extrusion plant in Uruguay.

In 2015, coinciding with the celebration of its 40th anniversary, Viscofan sold the IAN Group to focus all of its efforts on the casing business, with the acquisition of Nanopack Technology & Packaging in order to give a new boost to the plastics business line. Also in 2015, the company inaugurated its new plastics plant in Mexico.

In 2016 Viscofan strengthened its positioning and improved its product offer with the acquisition of Vector USA and Vector Europe.


Mission
Our mission and ambition is to become the premier global food ingredients and casings provider. Through passion and commitment to innovation, quality and service for our customers, we want to make Viscofan the benchmark and trusted partner for the global food industry.

Vision
We strive to be the leader and be able to champion the transformation of the industry, create and deliver innovative products, and help our clients grow in the markets they serve. We have the same goal to transform our own organization and overcome the obstacles, and help us become a leading company with high presence in the global markets.

Key Team

Mr. José Ignacio Recalde Irurzun (Chief Technology & Diversification Officer)

Mr. Andrés Díaz Echevarría (Chief Operations Officer)

Mr. Armando Ares Mateos (Chief Investor Relations & Corp. Communication Officer)

Mr. José Antonio Cortajarena Manchado (Chief Legal Officer & Sec.)

Mr. Juan José Rota Arrieta (Chief HR Officer)

Mr. Ricardo Royo Ruiz (Chief Europe Bus. Officer)

Mr. Gabriel Larrea Lalaguna (Chief Commercial Officer)


Recognition and Awards
Viscofan has been honoured with a number of awards, such as the KPMG Great Place to Work® España 2018 Award, the Spanish CEMEX-VITRA Global Supplier Award and the Deloitte Fast 50 Awards.

References
Viscofan
Leadership team

Mr. Jose Domingo de Ampuero y Osma (Exec. Chairman)

Ms. María Del Carmen Peña Ruiz (Chief Financial Officer)

Mr. Jose Antonio Canales Garcia (CEO, Gen. MD & Exec. Director)

Products/ Services
Food and Beverage, Food Processing, Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Tajonar, Navarra, Spain
Established
1975
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
VIS.MC
Social Media
Fri Mar 01 2024
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