Alsea (company)

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Alsea, S.A.B. de C.V.
Sociedad Anónima Bursátil de Capital Variable
Traded asBMVALSEA
IndustryRestaurants
PredecessorOperadora DP, S.A. de C.V
Founded16 May 1997; 21 years ago (1997-05-16) in Mexico City, Mexico
Headquarters,
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[edit]

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

Restaurant Type Countries No. of Locations
Starbucks Coffee shop Mexico, Argentina, Chile, Colombia, France & The Netherlands 1127
Domino's Pizza Fast Food Mexico, Colombia & Spain 802
Burger King Fast Food Mexico, Argentina, Chile, Colombia & Spain 626
Chili's Casual Dining Mexico 48
California Pizza Kitchen Casual Dining Mexico 20
P.F. Chang’s China Bistro Casual Dining Mexico, Colombia, Chile, Argentina & Brazil 25
Italianni's Family Dining Mexico 68
The Cheesecake Factory Casual Dining Mexico 2
Vips Family Dining Mexico 258
El Portón Family Dining Mexico 85
Foster's Hollywood Casual Dining Spain 197
Cañas y Tapas Casual Dining Spain 19
La Vaca Argentina Casual Dining Spain 12
Il Tempietto Casual Dining Spain 9

Recent news[edit]

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.[5]

References[edit]

  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
  4. ^ Alsea's 2014 Annual Report[permanent dead link]
  5. ^ Elinor Comlay (10 September 2013). "Mexico's Alsea to buy Walmex restaurant chain for 8.2 billion pesos". Reuters.

External links[edit]