AMORIM GROUP – A HISTORY OF SUCCESS

The Amorim Group’s long successful record dates back to 1870 with the launch of a small family-run cork producing unit to supply the local wine industry in Portugal.

Having evolved for over a century, the Group’s reach has expanded substantially through well performed diversification, international expansion and professional drive. The Group’s development has been built on a high degree of fundamental principles to ensure the sustainable growth of each investment: entrepreneurial strength, permanent innovation, long term strategic vision, robust finance, rigorous management and efficient resource allocation with a special emphasis on human resources.

The Amorim Group holds a leading position in the cork industry and the business still constitutes its largest core operation, although it has expanded onto other business areas including real estate, tourism, telecommunications, textiles, and high quality natural sustainable products, such as Port and red wines.

The asset portfolio and operational structure of the Amorim Group was reorganized in 2005 with the business interests centered in the Corticeira Amorim and in the Amorim Desenvolvimento, a subholding company with consolidating diversified assets in areas of textile, wine production, services and infrastructure.

More recently however, in 2008, and in line with the entrepreneurial spirit of the Group, Amorim Global investors, a new subholding entity was set up to serve as the investment platform of direct participations in companies, building on the experience, vision and vast global network of the Amorim Group to ensure the development of new business opportunities.

Organisation structure:

STRATEGY

Amorim aims at strengthening its leadership position in the cork industry as follows:

• continuous international expansion;
• permanent development of the R&D and Innovation area;
• investments in human resources and motivation;
• quality certification of products and processes.

Ensure the sustainable growth of the Group by means of investments in sectors and geographical areas with superior potential and returns:

• Identify companies with proven potential that require additional finance and expertise
• Execute investments following through investment valuation procedures
• Sponsor change in the portfolio companies, with discipline and entrepeneurial spirit to enable  companies to achieve all their potential, whilst creating value to the shareholders.