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Empresas Sutil S.A. (Chile)

Main Activities: Fruit and Tree Nut Farming | Noncitrus Fruit and Tree Nut Farming | Wineries
Secondary Activities: Management of Companies and Enterprises
Full name: Empresas Sutil S.A. Profile Updated: January 29, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

Empresas Sutil S.A. is a company located in Santiago, Chile. It was founded in March 1982 by Juan Ignacio Sutil Servoin. The company initially started as a brokerage office, specializing in agricultural products through its brokerage office, Sutil & Cía. In 1983, Victor Moller founded Hortifrut S.A., and Juan Sutil S. joined as a partner. Together, they developed the company, which later became the leading berry producer in the Southern Hemisphere and the world's main producer of blueberries. In 1992, Pacific Nut Company Chile S.A. was founded as one of the first exporters of nuts in Chile, starting with the export of walnuts, almonds, raisins, and D'Agen plums. In 1995, Empresas Sutil acquired ownership of the former Agricultural Cooperative Graneros, now known as Coagra S.A., acquiring its first cooperative rights. In 2005, Empresas Sutil took control of Coagra by acquiring more than 50% of the company's shares. In 2002, Viñedos Juan Sutil was founded, which later became Viña Sutil and Top Wine Group S.A., with its operations based in the Colchagua Valley, VI Region. In 2009, Empresas Sutil sold 12.30% of Hortifrut to the Möller Opazo and Swett Opazo families to reorganize its businesses, consolidate control of its subsidiaries, and capitalize on future growth. In 2010, Empresas Sutil and the Sánchez Errázuriz family re-founded Champiñones Abrantes S.A. They also initiated the agricultural financing project Banagro S.A., which promotes the development of the national producer and the Chilean agro-export industry. In 2012, through Coagra, Empresas Sutil consolidated part of the agricultural input distribution industry by acquiring Agrícola Quillota and TodoAgro, completing the territorial expansion of Coagra branches from the V to the X Region. In 2015, Empresas Sutil acquired control of Frutícola Olmué SpA, one of the leaders in frozen berry exports and the world's leading frozen asparagus producer, following an invitation from the Hassler Tobler family to re-enter the berry industry. In 2019, due to growth and a focus on the group's fruit business unit, Top Wine Group was divided, creating Agrícola Sutil S.A., which consolidates the agricultural-fruit operation. It is a professional fruit operator with a planted area of 1,700 hectares under its own management. In 2020, Empresas Sutil defined, as part of its strategic plan, the certification of all the companies in the group as B Corporations, aiming to become a reference in the national agribusiness and contribute to addressing the global climate and social crisis.

Headquarters
Nueva Providencia 1860, Office 92
Santiago; Metropolitana; Postal Code: 7500012

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Website: http://www.empresassutil.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
July 08, 1988
Key Executives
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President
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Vice President
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Director
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Director
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Director
Ownership Details
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93%
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7%
Subsidiaries
Pacific Nut Company Chile S.A.
99.99%
Top Wine Group S.A.
95.6%
Juan Sutil y Cia S.A.
90%
Company Performance
Financial values in the chart are available after Empresas Sutil S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net sales revenue
9.61%
Total operating revenue
9.91%
Operating profit (EBIT)
51.94%
Net Profit (Loss) for the Period
-98.84%
Total assets
10.15%
Total equity
4.16%
Operating Profit Margin (ROS)
1.68%
Net Profit Margin
-1.39%
Return on Equity (ROE)
-1.93%
Debt to Equity Ratio
8.41%
Quick Ratio
0.15%
Cash Ratio
0.08%

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