With 103 years of history, Votorantim S.A. (Votorantim) is a Brazilian family-owned company with long term investments. Its portfolio companies operate in 19 countries in the building materials, finance, eletric power, metals and mining, orange juice, aluminum, long steel and real estate industries.
A Message From the Board of Directors
President of the Board of Directors of Votorantim S.A.
A Message From the Executive Board
João H. Schmidt
Chief Executive Officer of Votorantim S.A.
Investment of approximately
R$ 150 million, including contributions from the portfolio companies, for initiatives to combat the COVID-19 pandemic
Renewing the commitment to Votorantim’s values
Citizenship Program, contributing to the advancement of Brazil’s democratic culture
Announcement of the combination of the operations of Votorantim Cimentos in North America with McInnis Cement
New investments in wind farms by the joint venture between Votorantim Energia and CPP Investment
Real estate investments: Altre
Involvement of the Board of Directors in ESG discussions
Joined the CDP as an investor signatory
Consolidated leverage of 1.63x (net debt/adjusted EBITDA), the lowest since 2008
Maintenance of investment grade rating by S&P and Fitch Ratings
Strategy and Management
Votorantim: a permanently capitalized investment holding company, with a long-term investment approach, that seeks to deliver superior financial returns with positive social and environmental impacts.
Altre is Votorantim’s real estate investment platform, focused on creating value with its current portfolio of assets and deploying additional capital seeking income generating assets.
Economic and Financial Performance
Despite the impacts of the pandemic on the global economy, Votorantim was able to maintain its investment grade rating by two credit risk agencies, Standard & Poor’s and Fitch Ratings, joining a select group of companies.