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Alsea (company)

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Alsea, S.A.B. de C.V.
Company typeSociedad Anónima Bursátil de Capital Variable
BMV: ALSEA
IndustryRestaurants
PredecessorOperadora DP, S.A. de C.V
Founded16 May 1997; 27 years ago (1997-05-16) in Mexico City, Mexico
Headquarters
Mexico City
,
Mexico
Area served
  • Latin America
  • Spain
Key people
Brands
  • Starbucks
  • Domino’s Pizza
  • Burger King
  • Chili’s Bar & Grill
  • California Pizza Kitchen
  • PF Chang’s
  • Pei-Wei
  • Italianni’s
  • The Cheesecake Factory
Revenue
  • Increase US$ 1,714 million (2014)
  • US$ 1,230 million (2013)
  • Decrease US$ 50 million (2014)
  • US$ 53 million (2013)
Total assets
  • Increase US$ 1,970 million (2014)
  • US$ 948 million (2013)
Number of employees
  • 60,000 (2014)
Websitewww.alsea.com.mx

Alsea, S.A.B. de C.V., known as Alsea, is a Mexican multi-brand restaurant operator based in Mexico City, Mexico. It was founded as a holding company in 1997.[1] Its operating portfolio includes fast-food, casual dining, and cafeteria type restaurant chains located in Mexico, South America and Europe. It is one of the largest foodservice companies in Mexico according to CNN Expansión.[2]

Some of the restaurant chains that Alsea operates are Starbucks, Burger King, Vips, Domino's Pizza, Italianni's, Chili's, California Pizza Kitchen, P. F. Chang's, and The Cheesecake Factory.[3]

Alsea reported revenues of US$1.7 billion for 2014. It operates more than 3,093 units of restaurant chains in Mexico, Spain, Chile, Argentina, Colombia, Brazil, The Netherlands & France and employs more than 60,000 people.[4] Alsea is listed on the Mexican Stock Exchange and is a constituent of the IPC, the main benchmark index of Mexican stocks.

In 2014, Alsea acquired the Mexican restaurant chain Vips and the Spanish Grupo Zena.

In 2019, Alsea acquired the rights to operate and develop establishments of the Starbucks brand in the Netherlands, Belgium, Luxembourg (BENELUX) and France.[1]

Brands portfolio

Alsea has the rights to manage and open restaurants from these brands as follows:

Restaurant Countries No. of Locations
Starbucks Mexico, Argentina, Chile, Colombia, Uruguay, Spain, Portugal, France, Belgium, The Netherlands & Luxembourg 1517[5]
Domino's Pizza Mexico, Colombia & Spain 1167[6]
Burger King Mexico, Argentina, Chile & Spain 647[7]
Chili's Central Mexico (Mexico City, Mexico State, Hidalgo, Tlaxcala, Puebla, Querétaro, Morelos) & Chile 77[8]
P.F. Chang’s China Bistro Mexico, Chile & Colombia 29[9]
Italianni's Mexico 95[10]
The Cheesecake Factory Mexico 4[11]
Vips Mexico & Spain 427[12][13][14]
El Portón Mexico 57[15]
Foster's Hollywood Spain 233[16]
Cañas y Tapas Spain 18[17]
LAVACA Spain 4[18]
Archies Colombia 31[19]
Ginos Spain & Portugal 124[20]
TGI Fridays Spain & Mexico 19[21]
Wagamama Spain 6[22]

Recent news

In February 2019, Alsea de CV : ACQUIRES THE RIGHTS FOR THE DEVELOPMENT OF THE BRAND STARBUCKS IN THE NETHERLANDS, BELGIUM AND LUXEMBOURG.[2]

In September 2013, Alsea acquired 362 Walmex restaurants Vips and El Porton for around $626 million.[23]

References

  1. ^ "Managing Mexico's Fast-Food Growing Pains" (PDF). DS Solutions: 21. 2007. Retrieved 14 February 2019.
  2. ^ "Top 10 del Ranking 2014". CNN Expansión. Archived from the original on 2014-06-27. Retrieved 2014-06-26.
  3. ^ "Alsea. Investor Relations" (PDF). Archived from the original (PDF) on 2016-03-04. Retrieved 2015-05-21.
  4. ^ Alsea's 2014 Annual Report[permanent dead link‍]
  5. ^ https://www.alsea.net/marcas-de-alsea/starbucks
  6. ^ https://www.alsea.net/marcas-de-alsea/dominos
  7. ^ https://www.alsea.net/marcas-de-alsea/burger-king
  8. ^ https://www.alsea.net/marcas-de-alsea/chilis
  9. ^ https://www.alsea.net/marcas-de-alsea/pf-changs
  10. ^ https://www.alsea.net/marcas-de-alsea/italiannis
  11. ^ https://www.alsea.net/marcas-de-alsea/the-cheescake-factory
  12. ^ https://www.alsea.net/marcas-de-alsea/vips
  13. ^ https://www.alsea.net/marcas-de-alsea/vips-europa
  14. ^ https://www.alsea.net/marcas-de-alsea/vips-smart
  15. ^ https://www.alsea.net/marcas-de-alsea/el-porton
  16. ^ https://www.alsea.net/marcas-de-alsea/fosters-hollywoord
  17. ^ https://www.alsea.net/marcas-de-alsea/canas-y-tapas
  18. ^ https://www.alsea.net/marcas-de-alsea/lavaca
  19. ^ https://www.alsea.net/marcas-de-alsea/archies
  20. ^ https://www.alsea.net/marcas-de-alsea/ginos
  21. ^ https://www.alsea.net/marcas-de-alsea/tgi-fridays
  22. ^ https://www.alsea.net/marcas-de-alsea/wagamama
  23. ^ Elinor Comlay (10 September 2013). "Mexico's Alsea to buy Walmex restaurant chain for 8.2 billion pesos". Reuters.

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