With 60 years of history, Camil is a multinational of Brazilian origin among the largest consumer goods companies in the foods in Latin America, holding leadership positions in the categories and countries in which it operates.
The company started its trajectory in the national market as a cooperative of rice producers in 1963, in Rio Grande do Sul, when rice cultivation migrated from the center-west to the south of Brazil, due to its higher productivity in this region. We were pioneers in the distribution and marketing of 5kg packaged rice – a revolution in the sector’s market. In the same decade, we expanded our operations by opening our first storage, distribution and customer service center in São Paulo – SP.
From the 1990s, Camil sought to consolidate itself through its commercial expansion into new markets, especially its entry into the bean category, the transfer of the headquarters from Rio Grande do Sul to São Paulo and the admission of a private equity fund north -American in the capital of the Company (TCW).
From the 2000s onwards, the Company’s strategy became one of expansion via acquisitions, in addition to its organic growth, in addition to the focus on international transactions and diversification of the category portfolio in Brazil.
Maintaining its growth and expansion, Camil was made its IPO on B3 in September 2017 on the Novo Mercado, B3’s highest level of corporate governance under the CAML3 ticker. In addition to the funds raised in the IPO, still in relation to funding and transactions in the capital market, the Company carried out debt management work with issuance of Agrobusiness Receivables Certificates (CRAs) at rates below the CDI between 2016 and 2019, which which allowed Camil to reduce its cost of debt and improve its liquidity and amortization profile.
The acquisition strategy in new geographies started with international diversification, focusing on the rice segment: in 2007, through the acquisition of Saman in Uruguay, the market leader and largest exporter of Uruguayan rice, followed by the acquisition of Tucapel in Chile in 2009, currently the leading brand in sales e share of mind. In 2011, the Company acquired Costeño in Peru and, in 2014, the Paisana brand, respectively the first and second largest brands of packaged rice in the country, consolidating its leadership in this category. In 2021, Camil announced its entry into Ecuador, leading the sales category of aged rice in the country with the Rico Arroz brand by the company Dajahu. In 2022, Camil concluded the acquisition of Silcom, a company focused on healthy products in the Uruguayan domestic market, giving a segment to the international diversification of categories. As a result, the Company holds leadership positions and coverage in all the countries in which it operates.
The acquisition strategy started in parallel, in 2011, with the start of the portfolio diversification strategy in Brazil, with the entry into the canned fish market (sardines and tuna), through the purchase of companies that own the Coqueiro and Pescador brands.The entry into the sugar market in 2012, in which diversification was carried out through the purchase of the company that owns the União and Da Barra brands. In the scope of the
In 2011, with the entry into canned fish, the Company enabled the entry of the private equity investment fund Gávea Investimentos. In 2016, a private equity fund managed by Warburg Pincus acquired the equity interest held by Gávea Investimentos in the Company, occupying seats on the Board of Directors and reinforcing Camil’s commitment to high standards of corporate governance.
Currently, the diversified portfolio of traditional brands, consolidated and recognized by consumers, allows the occupation of leadership positions in the markets where Camil operates. The Company leads rankings and has relevant shares in the rice markets of Brazil, Uruguay, Chile, Peru and Ecuador, in addition to expressive shares in the grain, sugar, canned fish, pasta market and moving towards this same positioning in roasted and ground coffee in the Brazil. Camil remains focused on growth guided by the combination of growth and market consolidation, with expansion into new categories and geographies.
With 60 years of history, Camil is a multinational of Brazilian origin among the largest consumer goods companies in the food sector in Latin America, holding leadership positions in the categories and countries in which it operates.
With a diversified portfolio of traditional brands, consolidated and recognized by consumers, the Company leads rankings and has relevant shares in the rice markets of Brazil, Uruguay, Chile, Peru and Ecuador, in addition to expressive shares in the grain, sugar, canned fish market, pasta and moving towards the same position in roasted and ground coffee in Brazil.
Camil has 33 processing units and 20 distribution centers in South America. distribution centers in South America, with more than 7 thousand employees.
Camil has a consistent history of growth and market share expansion in the food sector in Brazil and South America, both with organic growth and through strategic acquisitions, with diversification of our geographic operations and product categories.
Camil operates in relevant markets in the food sector in South America, in which it believes there is a positive outlook, supported by the resumption of economic growth, population growth and strengthening of favorable trends in consumption habits.
Updated at 08/22/2022 at 11:16 am