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Sigma Alimentos

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Sigma Alimentos, S.A. de C.V.
Company typePrivate
IndustryFood processing, refrigerated distribution
Founded1980; 44 years ago (1980)
Headquarters
Monterrey
,
Mexico
Area served
Americas and Eurozone
Key people
Armando Garza (Chairman)
Rodrigo Fernandez (CEO)
Productslunch meats, cheeses, yogurts, prepared meals, beverages
BrandsLunch Meats
Fud, San Rafael, Chimex, Tangamanga, Bernina, Hidalmex, San Antonio, Bar-S, Campofrío, Longmont
Yogurts
Yoplait, Yopli, Chen
Cheeses
Fud, La Villita, Nochebuena, Chen, Camelia, Franja
Other
Café Olé, Guten, El Cazo, Norteñita, Eugenia
RevenueIncrease US$ 6.9 billion (2021)
Increase US$ 57.4 million (2021)
Number of employees
45,000 (2018)
ParentAlfa
Websitewww.sigma-alimentos.com

Sigma Alimentos, S.A. de C.V., also known as Sigma or Sigma Alimentos, is a Mexican multinational food processing and distribution company headquartered in San Pedro, near Monterrey, Mexico. It produces and distributes refrigerated foods, mainly lunch meats, cheeses, and yogurts. It is one of the largest producers and distributors of refrigerated foods in Mexico, some of its well-known brands are Fud, Chen, San Rafael, Guten, and Yoplait. It is a subsidiary of the Mexican industrial conglomerate Alfa.

Sigma reported sales of $6.9 billion for 2021.[1] It has 67 plants and 152 distribution centers that employ more than 38,000 people in 18 countries.[2] The company increased its presence in the United States and the Eurozone through acquisitions, of which the two largest have been the American Bar-S in 2010, and the European Campofrio in 2014.

Sigma markets its products in Mexico through major supermarkets, wholesale distributors, convenience stores, and mom-and-pop outlets. In the United States, it operates through Sigma Foods and Bar-S Foods, with regional headquarters in Phoenix, Arizona. In the Eurozone, it operates through Campofrío, jointly acquired with the Chinese WH Group in 2014.[3] In June 2015, Alfa announced it had acquired the remaining 37% of the shares of Campofrío held by WH Group so that Sigma can later buy it.[4]

The company has presence in the Americas and in the Eurozone. In North America it has a presence in Mexico and the United States; in the Eurozone, it has a presence in Belgium, France, Germany, Italy, Netherlands, Portugal, and Spain; and in Central and South America, in Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Peru.

In 2014, Sigma's parent company, Alfa, announced it may hold an initial public offering to list Sigma in the Mexican Stock Exchange.[5]

References

  1. ^ [1]
  2. ^ Sigma 2014 Annual Report
  3. ^ General Information. Campofrio Food Group
  4. ^ CNN Expansion. Sigma tendrá el 100% de Campofrío. (in spanish)
  5. ^ Alfa Said to Hire Citigroup, Goldman for Sigma Food Unit IPO. Bloomberg

Further reading

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