![]() | This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these messages)
|
![]() | |
Company type | Sociedad Anónima |
---|---|
BMAD: VIS | |
ISIN | ES0184262212 |
Industry | Meat casing manufacturer |
Founded | 1975 |
Headquarters | Cáseda, Spain |
Key people | José Domingo de Ampuero y Osma (Chairman) José Antonio Canales (CEO) |
Revenue | ![]() |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | ![]() |
Website | www.viscofan.com |
Viscofan is a Spanish manufacturer of casings for meat products operating in over 100 countries. [2]
It is a global producer with the capacity to manufacture the four main technologies available in the artificial casings market (cellulose, collagen, fibrous and plastic).
The company has been trading in the Madrid Stock Exchange General Index since December 1986. Viscofan is a former component of the IBEX 35. [3]
Viscofan was founded in 1975, the year in which the production and commercialisation of its products began. The company's solid growth led it to taking the next natural step into starting its share trading in the Madrid Stock Exchange General Index in December 1986.
As part of its growth strategy, in 1988, Viscofan acquired the food group IAN (Industrias Alimentarias de Navarra), which enabled it to gain momentum in the industry at a national level.
Following this, the company designed an international expansion strategy which began with the acquisition of the German company Naturin GmbH&Co in 1990, and with the opening of new commercial offices in other countries.
In 1995, it acquired Gamex in the Czech Republic, and Trificiel in São Paulo (Brazil). Its expansion continued, and in 2005, it acquired Koteksprodukt AD in Serbia and the assets of AB Tripasin of Sweden. A year later, in 2006, Viscofan strengthened its presence in the American market with the purchase of the American assets of Teepak (US and Mexico). [4]
In 2008, the company executed the expansion of its co-generation plant in Spain. In the same year, Viscofan Bioengineering (VBE) [5] was established, it was meant to be a business unit that combined biosciences and engineering to supply collagen-based products for use in repairing damaged tissues in patients. The Viscofan Group's Bioengineering unit is located in Weinheim (Germany), a benchmark centre for the company's collagen casings, where it has an additional cleanroom to produce collagen products for medical use.
In 2009, the company created Viscofan Technology (Suzhou) Co. Ltd. in China. Viscofan already distributed its products in the Asian country prior to this but it did not have its own production centre. A year later, in 2010, the first converting plant in the country was inaugurated.
In 2012, Viscofan Uruguay S.A. was created, serving as the first collagen converter in Latin America.
In 2013, a collagen extrusion plant was opened in China. A year later, in 2014, the Company opened an extrusion plant in Uruguay.
In 2015, coinciding with its 40th anniversary, Viscofan sold the IAN Group to concentrate fully on the casing business. The company also acquired Nanopack Technology & Packaging to strengthen its plastics business line and inaugurated a new plastics plant in Mexico.
In 2016, Viscofan enhanced its position and expanded its product offering with the acquisition of Vector USA and Vector Europe.[ citation needed ]
Viscofan produces the four kinds of artificial casing available on the market:
Viscofan exports a large part of its products to other markets and is currently present in over 100 countries. It has production centers in 10 countries – Spain, Germany, Belgium, Czech Republic, Serbia, China, United States, Brazil, Mexico, and Uruguay – and has commercial offices in 15 countries. [ citation needed ]