| Industrias de Aceite S.A. | |
| Type: | Public |
| Traded As: | BBV |
| Industry: | Food & Beverages |
| Foundation: | 1944 |
| Location City: | Santa Cruz de la Sierra |
| Area Served: | Bolivia |
| Owner: | Alicorp |
| Location Country: | Bolivia |
| Homepage: | Fino |
Industrias de Aceite S.A. doing business as Alicorp Bolivia or FINO, is a Bolivian consumer food and personal care products company that specializes in food and cooking oils, particularly soybean-derived oils.[1] [2] It is a wholly owned international subsidiary of Alicorp.[3] Industrias de Aceite is headquartered in Santa Cruz with a large plant located in Warnes. It also has a plant in Cochabamba. It is known for its FINO brand oils and spreads.
The company was founded in 1944[3] in the city of Cochabamba. The FINO brand was introduced in 1954. Production in the Warnes plant began in 1977.[1]
By 2013 vegetable oil production had increased to 2500MT per day.[1]
In 2018 it merged with ADM-SAO S.A., subsidiary of Archer Daniels Midland, and was acquired by Peruvian consumer goods company Alicorp S.A.A. for 292 million USD.[4] The deal closed April 1, 2019.
The products of Industrias de Aceite include:[5]
Distributed by FINO:[6]