Alsea (company)

Last updated
Alsea, S.A.B. de C.V.
Company type Sociedad Anónima Bursátil de Capital Variable
BMV:  ALSEA
Industry Restaurants
PredecessorOperadora DP, S.A. de C.V
Founded16 May 1997;26 years ago (1997-05-16) in Mexico City, Mexico
Headquarters,
Mexico
Area served
  • Latin America
  • Spain
Key people
Brands
  • Starbucks
  • Burger King
  • Chili’s Bar & Grill
  • California Pizza Kitchen
  • PF Chang’s
  • Pei Wei Asian Diner
  • Popeyes
  • Italianni’s
  • The Cheesecake Factory
Revenue
  • Increase2.svg US$ 1,714 million (2014)
  • US$ 1,230 million (2013)
  • Decrease2.svg US$ 50 million (2014)
  • US$ 53 million (2013)
Total assets
  • Increase2.svg US$ 1,970 million (2014)
  • US$ 948 million (2013)
Number of employees
  • 60,000 (2014)
Website www.alsea.net

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]

Contents

Some of the restaurant chains that Alsea operates are Starbucks, Burger King, Vips, Popeyes, Italianni's, Chili's, California Pizza Kitchen, P. F. Chang's, Pei Wei Asian Diner 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, Italy & 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.

Brands portfolio

Alsea has the rights to manage and open restaurants from these brands as follows (last updated: 31 January 2024 [5] ):

RestaurantCountryLocationsTotal locations
Starbucks Mexico7961,727
France240
Spain159
Chile158
Argentina132
Netherlands100
Colombia63
Belgium34
Portugal25
Uruguay14
Luxembourg4
Paraguay2
Domino's Mexico8621,401
Spain379
Colombia157
Uruguay3
Burger King Mexico172415
Argentina115
Chile73
Spain55
Vips Mexico238402
Spain164
Foster's Hollywood Spain221221
GinosSpain118120
Portugal2
Chili's Mexico7075
Chile5
Italianni'sMexico7575
P. F. Chang's Mexico2831
Chile3
ArchiesColombia2929
TGI Fridays Spain1313
The Cheesecake Factory Mexico77

Recent news

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

In September 2013, Alsea acquired 362 Walmex restaurants Vips and El Porton for around $626 million. [6]

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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. "Nuestras Marcas". Alsea (in Spanish). Retrieved 2024-01-30.
  6. Elinor Comlay (10 September 2013). "Mexico's Alsea to buy Walmex restaurant chain for 8.2 billion pesos". Reuters.