Alsea (company)

Alsea, S.A.B. de C.V.
Company typeSociedad Anónima Bursátil de Capital Variable
BMV: ALSEA
IndustryRestaurants
PredecessorOperadora DP, S.A. de C.V
Founded16 May 1997; 27 years ago (1997-05-16) in Mexico City, Mexico
Headquarters
Mexico City
,
Mexico
Area served
  • Latin America
  • Spain
Key people
Brands
  • Starbucks
  • Burger King
  • Chili’s Bar & Grill
  • California Pizza Kitchen
  • PF Chang’s
  • Pei Wei Asian Diner
  • Popeyes
  • Italianni’s
  • The Cheesecake Factory
Revenue
  • Increase US$ 1,714 million (2014)
  • US$ 1,230 million (2013)
  • Decrease US$ 50 million (2014)
  • US$ 53 million (2013)
Total assets
  • Increase US$ 1,970 million (2014)
  • US$ 948 million (2013)
Number of employees
  • 60,000 (2014)
Websitewww.alsea.net

Alsea, S.A.B. de C.V., known as Alsea, is a Mexican multi-brand restaurant operator based in Mexico City, Mexico. It was founded as a holding company in 1997.[1] Its operating portfolio includes fast-food, casual dining, and cafeteria type restaurant chains located in Mexico, South America and Europe. It is one of the largest foodservice companies in Mexico according to CNN Expansión.[2]

Some of the restaurant chains that Alsea operates are Starbucks, Burger King, Vips, Popeyes, Italianni's, Chili's, California Pizza Kitchen, P. F. Chang's, Pei Wei Asian Diner and The Cheesecake Factory.[3]

Alsea reported revenues of US$1.7 billion for 2014. It operates more than 3,093 units of restaurant chains in Mexico, Spain, Chile, Argentina, Colombia, Brazil, The Netherlands, Italy & France and employs more than 60,000 people.[4] Alsea is listed on the Mexican Stock Exchange and is a constituent of the IPC, the main benchmark index of Mexican stocks.

In 2014, Alsea acquired the Mexican restaurant chain Vips and the Spanish Grupo Zena.

In 2019, Alsea acquired the rights to operate and develop establishments of the Starbucks brand in the Netherlands, Belgium, Luxembourg (BENELUX) and France.[1]

Brands portfolio

Alsea has the rights to manage and open restaurants from these brands as follows (last updated: 31 January 2024[5]):

Restaurant Country Locations Total locations
Starbucks Mexico 796 1,727
France 240
Spain 159
Chile 158
Argentina 132
Netherlands 100
Colombia 63
Belgium 34
Portugal 25
Uruguay 14
Luxembourg 4
Paraguay 2
Domino's Mexico 862 1,401
Spain 379
Colombia 157
Uruguay 3
Burger King Mexico 172 415
Argentina 115
Chile 73
Spain 55
Vips Mexico 238 402
Spain 164
Foster's Hollywood Spain 221 221
Ginos Spain 118 120
Portugal 2
Chili's Mexico 70 75
Chile 5
Italianni's Mexico 75 75
P. F. Chang's Mexico 28 31
Chile 3
Archies Colombia 29 29
TGI Fridays Spain 13 13
The Cheesecake Factory Mexico 7 7

Recent news

In February 2019, Alsea de CV : ACQUIRES THE RIGHTS FOR THE DEVELOPMENT OF THE BRAND STARBUCKS IN THE NETHERLANDS, BELGIUM AND LUXEMBOURG.[2]

In September 2013, Alsea acquired 362 Walmex restaurants Vips and El Porton for around $626 million.[6]

References

  1. ^ "Managing Mexico's Fast-Food Growing Pains" (PDF). DS Solutions: 21. 2007. Retrieved 14 February 2019.
  2. ^ "Top 10 del Ranking 2014". CNN Expansión. Archived from the original on 2014-06-27. Retrieved 2014-06-26.
  3. ^ "Alsea. Investor Relations" (PDF). Archived from the original (PDF) on 2016-03-04. Retrieved 2015-05-21.
  4. ^ Alsea's 2014 Annual Report[permanent dead link‍]
  5. ^ "Nuestras Marcas". Alsea (in Spanish). Retrieved 2024-01-30.
  6. ^ Elinor Comlay (10 September 2013). "Mexico's Alsea to buy Walmex restaurant chain for 8.2 billion pesos". Reuters.

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