Almendral S.A.

Overview

Almendral S.A. is a Chilean private investment firm established in 1981, primarily investing in telecommunications, energy, and sanitary services sectors. The firm holds a 54.86% stake in Entel, Chile's largest telecommunications company, and has also invested in energy and sanitary services. The firm's strategy focuses on creating value through investments in leading companies within their industries, aiming to contribute significantly to the development of the sectors they operate in. Almendral S.A. maintains a conservative financial policy and emphasizes transparency in its operations. Over the years, Almendral S.A. has been involved in various significant investments, including the acquisition of a 15.1% stake in Entel in 1993, and the purchase of Luz del Sur S.A., an electricity distribution company in Lima, Peru, in 1994. The firm has also divested from certain sectors, such as selling its energy sector companies in 1999 for US$473 million, realizing a profit of US$265 million. Almendral S.A. continues to focus on strategic investments that align with its mission to generate value, well-being, and development for its shareholders, stakeholders, and society as a whole.

Investment Focus

• Leading companies within their industries
• Significant contribution to sector development
• Conservative financial policy
• Transparency in operations

Portfolio Companies