Alpargatas S.A. is one of the largest
Brazilian manufacturing company
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a r ...
in the
footwears and
canvass business.
Its main product is ''
Havaianas
Havaianas (stylized as havaianas) is a Brazilian brand of flip-flop sandals created and patented in 1962. It is currently owned by Brazilian manufacturing company Alpargatas S.A. Inspired by Japanese zori sandals, Robert Fraser became the first t ...
'', one of the largest Brazilian brands of rubber flip-flops, since 1962.
History
It was founded in
1907
Events
January
* January 14 – 1907 Kingston earthquake: A 6.5 Mw earthquake in Kingston, Jamaica, kills between 800 and 1,000.
February
* February 11 – The French warship ''Jean Bart'' sinks off the coast of Morocco ...
, under the original name of ''Fábrica Brasileira de Alpargatas e Calçados'', by Robert Fraser (from
Scotland
Scotland (, ) is a Countries of the United Kingdom, country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a Anglo-Scottish border, border with England to the southeast ...
and
Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
), in association with an English company. Fraser had also established Alpargatas factories in Argentina and Uruguay.
It started production in the
Mooca district of
São Paulo (city)
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC ...
. Already in 1909, the company - under the name ''São Paulo Alpargatas Company S.A.'' - found success in selling its products thanks to the use of
sandals
Sandals are an open type of footwear, consisting of a sole held to the wearer's foot by straps going over the instep and around the ankle. Sandals can also have a heel. While the distinction between sandals and other types of footwear can som ...
and canvas in coffee production.
In the 1930s, shareholding control of São Paulo Alpargatas was transferred to the Argentine company. However, in 1982, after a gradual process of nationalization of capital started in 1948, São Paulo Alpargatas ceased to have Argentine participation and passed to the control of the
Camargo Corrêa group, its largest shareholder.
In
October
October is the tenth month of the year in the Julian and Gregorian calendars and the sixth of seven months to have a length of 31 days. The eighth month in the old calendar of Romulus , October retained its name (from Latin and Greek ''ôc ...
of
1999
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shoot ...
, it acquired more than 3% of
Alpargatas Argentina, its former parent company, becoming the largest footwear company in South America, and in
April
April is the fourth month of the year in the Gregorian and Julian calendars. It is the first of four months to have a length of 30 days, and the second of five months to have a length of less than 31 days.
April is commonly associated with ...
of
2013
File:2013 Events Collage V2.png, From left, clockwise: Edward Snowden becomes internationally famous for leaking classified NSA wiretapping information; Typhoon Haiyan kills over 6,000 in the Philippines and Southeast Asia; The Dhaka garment fa ...
it bought all the shares of the Argentine
subsidiary.
In 2012, Alpargatas updated its
logo
A logo (abbreviation of logotype; ) is a graphic mark, emblem, or symbol used to aid and promote public identification and recognition. It may be of an abstract or figurative design or include the text of the name it represents as in a wo ...
.
On November 2, 2015, Alpargatas sells the
Topper and
Rainha brands to group led by
Carlos Wizard Martins for 48.7 million
reais
The Brazilian real ( pl. '; sign: R$; code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994.
...
.
In November 2015, the Camargo Correa group sold Alpargatas to the
J&F Investimentos conglomerate, owner of the
JBS S.A.
JBS S.A. is a Brazilian company that is the largest meat processing company (by sales) in the world, producing factory processed beef, chicken and pork, and also selling by-products from the processing of these meats. It is headquartered in Sã ...
food company, for 2.67 billion reais.
On
July 12
Events Pre-1600
* 70 – The armies of Titus attack the walls of Jerusalem after a six-month siege. Three days later they breach the walls, which enables the army to destroy the Second Temple.
* 927 – King Constantine II o ...
of
2017
File:2017 Events Collage V2.png, From top left, clockwise: The War Against ISIS at the Battle of Mosul (2016-2017); aftermath of the Manchester Arena bombing; The Solar eclipse of August 21, 2017 ("Great American Eclipse"); North Korea tests a s ...
, the companies Cambuhy Investimentos and Brasil Warrant
[ (both owned by the Moreira Salles family) and the ]Itaúsa
Itaúsa is a Brazilian Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in São Paulo, Brazil. It is one of the largest private conglomerates in Brazil, and one of the largest in the world ...
holding purchased Alpargatas for 3.5 billion reais.[{{cite web, url=http://veja.abril.com.br/economy/jf-fecha-venda-da-alpargatas-por-r-35-bilhoes/, title=Grupo J&F closes sale of Alpargatas for R$3, 5 billion, author=Reuters, date=July 12, 2017, publisher=Veja, accessdate=July 12, 2017][{{cite web, url=http://economia.estadao.com.br/noticias/negocios,jef-fecha-venda-da-alpargatas-por-r-3-5-bilhoes,70001887745, title=Grupo J&F fechar venda da Alpargatas por R$ 3,5 billion, author=Fernando Scheller, date=July 12, 2017, publisher=Estadão, accessdate=July 12, 2017] The acquisition was approved by the Administrative Council for Economic Defense The Administrative Council for Economic Defense (in Portuguese, ''Conselho Administrativo de Defesa Econômica'', often referred to as Cade or CADE) is Brazil's national competition regulator and an agency of the government of Brazil. Its stated g ...
also in 2017.[{{cite web, url=https://g1.globo.com/economia/negocios/noticia/cade-aprova-venda-da-alpargatas-do-grupo-jf-para-donos-do-itau.ghtml, title=Cade approves sale of Alpargatas from J&F group to Itaú owners, author=Redação]
See also
* Associação Athletica São Paulo Alpargatas
{{Brazil-company-stub
References
{{reflist
External links
*{{website, http://www.alpargatas.com.br
Companies established in 1907
Shoe companies of Brazil