Camargo Corrêa
Encyclopedia
Camargo Corrêa is one of the biggest Brazilian private conglomerates, composed of publicly traded and closed companies, and shared management, operating in Brazil and in more than 20 countries. The company was founded in 1939 by Sebastião Camargo in the city of Jaú
, in the interior of the State of Sao Paulo but now its headquartered in São Paulo
.
The Group its controlled by three daughters of Sebastião Camargo, Regina, Renata and Rosana, represented by their husbands, minus Rosana.
Jaú
Jaú is a municipality in the center of the state of São Paulo, in Brazil. The population in 2008 was 133,333 and the area is 690.18 km². The elevation is 522 m...
, in the interior of the State of Sao Paulo but now its headquartered in São Paulo
São Paulo
São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...
.
The Group its controlled by three daughters of Sebastião Camargo, Regina, Renata and Rosana, represented by their husbands, minus Rosana.
Business structure
Camargo Correa is divided into 3 business structure. They are: Major, Consolidated and In Development.Major
Businesses that concentrate the capital employed and account for most of the revenue of the Group and its divisions are:- Cement - Represented by InterCement (formerly Camargo Corrêa Cimentos) and a participation of 28.6% in the stockholders of Portuguese CimporCimporCimpor - Cimentos de Portugal is the largest Portuguese cement group, operating in eleven countries - Portugal, Spain, Morocco, Brazil, Tunisia, Turkey, Cape Verde, Mozambique, China, Egypt and South Africa, involved in manufacturing and marketing cement, hydraulic lime, concrete and aggregates,...
purchased of Portuguese construction company Teixeira DuarteTeixeira DuarteTeixeira Duarte is one of the largest construction companies in Portugal, headquartered in Oeiras. The company was founded in 1921 by Ricardo Esquível Teixeira Duarte, an engineer. It is a major stakeholder in Cimpor and Banco Comercial Português. Today operates in countries and regions like...
, Spanish siderurgy Bipadosa and of Teixeira Duarte family. - Energy Concession - Represented by Camargo Corrêa Desenvolvimento em Infraestrutura that has largest participation in the control block of Electric company CPFL Energia.
- Highways Concession - Represented by Camargo Corrêa Desenvolvimento em Infraestrutura that has Part of the controlling interest in the highway company CCRCompanhia de Concessões RodoviáriasCCR - Companhia de Concessões Rodoviárias is a holding company with interests in private interstate highway concessions in Brazil...
. - Construction - Area of project and management of infrastructure works, is represented by Construções e Comércio Camargo Corrêa. .
Consolidated
- Footwear - represented by the AlpargatasAlpargatas S.A.Alpargatas or São Paulo Alpargatas is the largest Brazilian manufacturing company of footwear, the company also manufactures clothing and sporting goods and canvas and operates in retail sector through MEGGASHOP, a reatil chain that sells all brands produced by Alpargatas...
operates in the footwear and sporting goods sector. Alpargatas currently owns Alpargatas ArgentinaAlpargatas ArgentinaAlpargatas Argentina is the leading textile manufacturer in Argentina, as well as a major local distributor and exporter.-Overview:The shoe-making expertise of Juan Echegaray, a Basque Argentine immigrant, and the textile engineering background of Robert Fraser, a Scottish Argentine immigrant,...
, which already has its parent. - Railroad Concession - Ferrosur RocaFerrosur RocaFerrosur Roca S.A. is a private company which, in December1992, was awarded a concession, granted by the Argentine government, for the operation of freight services over part of the broad gauge rail network built by the British-owned company Buenos Aires Great Southern Railway and run by the...
is an Argentine conssecionaire railway transport company controlled by Loma NegraLoma NegraLoma Negra Companía Industrial Argentina S.A. is an Argentine manufacturer and the country's leading maker of cement, concrete, and lime.-History:...
, an Argentine cement company controlled by Camargo Corrêa Cimentos. - Environment - Environmental management of waste, water and effluent through the company CAVOCavoCavo is an American hard rock band from St. Louis, Missouri. Because of their sound and musical influences, they are sometimes classified as post-grunge.-Band history:...
. - Steel - The Group participate in the control interest of UsiminasUsiminasUsiminas is a large producer of steel in the Americas, with major steel mills in Brazil with a total capacity of 9.5 million metric tons of steel per year. The company accounts for 28 % of total steel output in Brazil. Usiminas has an installed capacity of producing 9.5 million tons of crude...
, the largest Producer of flat steel in Brazil.
In development
- Real Estate - Camargo Corrêa through Camargo Corrêa Desenvolvimento Imobiliário operates in the real estate sector.
- Shipbuilding - Camargo Corrêa is a stockholder in Estaleiro Atlâtico Sul, the biggest shipbuilding company in the Southern Hemisphere.
- Oil & Gas - Oil and gas sector service provider.
- Airport Operations operations, investments and administration of airports in Latin America through joint venture A-port in partnership with the Swiss Unique and Chilean IDC. Operates nine airports in Latin America.