Corporación Lindley S.A. is a company with a rich history that spans over 100 years. Founded in 1912 in Chile, it has evolved into a leading player in the automotive industry.
The company's early success can be attributed to its innovative approach to manufacturing, which allowed it to produce high-quality vehicles that catered to the needs of the local market.
With a strong presence in Latin America, Corporación Lindley S.A. has established itself as a reliable partner for various automotive brands.
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Early Years
In 1910, a young English couple, Don José Robinson Lindley and Martha Stoppanie de Lindley, immigrated to Peru and settled in the Rimac District of Lima, marking the beginning of a family company.
Their company, initially operating in a 200 square meter building, was known as Santa Rosa of José R. Lindley and Sons S.A. (Santa Rosa de José R. Lindley e Hijos S.A.).
The Lindley's company made a significant investment in 1918 by purchasing their first semi-automatic bottling system, which dramatically increased productivity.
By 1928, their production facility had expanded to 1,400 square meters, and all new equipment had been purchased.
A new company called José R. Lindley e Hijos SA was formed on November 3, 1928, giving continuity to the activities of the company founded in 1910.
Growth and Expansion
Corporación Lindley S.A. has a rich history of growth and expansion. The company launched the Inca Kola brand in 1935 to mark the fourth centenary of the founding of the city of Lima.
In 1945, the Lindley Corporation expanded its distribution and marketing nationwide in Peru, covering the entire country by 1972. This was a significant milestone for the company, marking a major expansion of its reach.
The Lindley Corporation became fully automated and computerized in 1996 with the purchase of a German bottling system called Krones. This investment allowed the company to streamline its operations and improve efficiency.
In 1999, the Lindley Corporation developed a strategic alliance with The Coca-Cola Company, marking a significant shift in the company's growth strategy. This alliance led to the Lindley Corporation entering the Coca-Cola system in 2000.
By acquiring Embotelladora Latinoamericana SA (ELSA) in 2004, the Lindley Corporation was able to optimize the use of resources and improve commercial performance. This acquisition also created a stronger competitive position for the company.
In 2005, the Lindley Corporation absorbed the entire estate of ELSA, dissolving the company and taking over the franchise exclusively with The Coca-Cola Company.
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Company History
Corporación Lindley S.A. was founded in 1910 by Joseph Robinson Lindley, who created the Fábrica de Aguas Gaseosas la Santa Rosa in the Distrito del Rímac.
The company started to expand its operations in 1941 by opening franchises in provinces. This marked a significant turning point in the company's history, as it began to grow beyond its initial location.
In 1935, the company launched the iconic Inca Kola gaseosa, which was invented by another company in 1934. This move helped to establish the company's presence in the Peruvian market.
Joseph R. Lindley Stoppanie assumed the management of the company in 1945, after the death of his father and brothers. This marked a new era for the company, as Stoppanie brought his own vision and leadership to the table.
In 1971, Nicolás Lindley López, a former Peruvian president, joined the company's board of directors. His involvement helped to bring a new level of expertise and credibility to the company.
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By 1996, the company had grown significantly, and all its subsidiaries, including Distral S.A., Inmobiliaria Lintab S.A., and Frutos del País S.A., were merged into a single entity, Lintab S.A. This move helped to streamline the company's operations and improve its efficiency.
In 1997, Lintab S.A. changed its name to Corporación Joseph R. Lindley S.A. This name change reflected the company's commitment to its founder and its rich history.
The company's partnership with The Coca-Cola Company in 1999 marked a significant milestone in its history. The partnership helped to expand the company's reach and bring new opportunities for growth.
In 2010, the company celebrated its 100th anniversary with great fanfare, receiving several awards and accolades for its contributions to the Peruvian economy. This marked a proud moment for the company and its employees.
By 2018, the company had grown significantly, and Arca Continental, a Mexican company, acquired the remaining shares of the company. This move marked the end of an era for Corporación Lindley S.A., but also opened up new opportunities for growth and expansion.
Today, the company has 6 plants of production distributed throughout Peru, with 2 plants in Lima, 1 in Trujillo, 1 in Arequipa, 1 in Cuzco, and 1 in Iquitos. This extensive network of production facilities helps to meet the growing demand for the company's products.
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Business Structure
Corporación Lindley S.A. has a rich history dating back to 1910. The company was initially a family business.
In 1918, the couple purchased their first semi-automatic bottling system, which significantly increased productivity. This marked the beginning of a new era for the company.
The company's production unit had grown to 1,400 square meters by 1928, and all new equipment was acquired. This expansion led to the formation of a new company called José R. Lindley e Hijos SA on November 3, 1928.
Corporación Lindley S.A. has subsidiaries in Peru. Here are some of the subsidiaries:
- Embotelladora La Selva S.A.: This subsidiary is located in the Loreto department and focuses on producing and selling non-alcoholic beverages in the jungle region.
- Empresa Comercializadora de Bebidas S.A.C.: This subsidiary is dedicated to commercializing, distributing, and importing food, concentrates, and alcoholic and non-alcoholic beverages.
- AC Comercial Perú S.A.C.: This subsidiary is also focused on commercializing, distributing, and importing food, concentrates, and alcoholic and non-alcoholic beverages.
- AC Logística del Perú S.A.C.: This subsidiary provides services such as storage, transportation, and distribution of beverages and food, as well as logistics services.
Key Events
Corporación Lindley S.A. has had a long and complex history, with several key events shaping its trajectory.
In 1935, the company launched the Inca Kola brand to celebrate the 400th anniversary of Lima's founding. This marked the beginning of the company's involvement in the Peruvian soft drink market.
The 1940s saw the rise of Coca-Cola and PepsiCola in the Peruvian market, with the latter being sold by Compañía Embotelladora del Pacífico SA. In 1945, Lindley Corporation developed the national distribution and commercialization of the Inca Kola brand.
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Criação da Inca Kola e da Distribuidora da Coca-Cola (1935–1998)
In 1935, the company launched the Inca Kola brand to celebrate the 400th anniversary of Lima's founding.
The Peruvian market for soft drinks was dominated by Coca-Cola, which was sold by Leopoldo Barton's company.
In the 1940s, the American competitor PepsiCola, sold by Compañía Embotelladora del Pacífico SA, also gained a foothold in the market.
Lindley Corporation developed the distribution and commercialization of Inca Kola nationally in 1945.
By 1972, Inca Kola was sold nationwide.
In 1957, Distral (Distribución, Transporte y Almacénaje SA) was founded to manage the distribution and transportation of soft drinks, juices, and nectars.
Isacc Lindley, the son of José R, financed the creation of Panamericana Televisión in 1958.
Inmobiliaria Lintab SA was established on February 22, 1960, to manage the company's real estate assets.
Frutos del País SA was created on May 25, 1973, to outsource the production and commercialization of fruit juices, nectars, and pulps.
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In 1989, Isacc Lindley passed away, and his son Johnny Lindley Taboada, who was president of Inmobiliaria Lintab, took over the company.
In 1991, Grupo Coca-Cola del Sur acquired the Barton family's factories and renamed itself Embotelladora Latinoamericana.
The Lindley family began negotiations with Coca-Cola Company around the same time.
In 1996, several companies were merged into one, and Inmobiliaria Lintab absorbed José R. Lindley e Hijos, Frutos del País, Distral, and Sabores Perú through a fusion.
In 1997, Inmobiliaria Lintab changed its name to Corporación José R. Lindley.
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Compra Pela Arca Continental desde 2015
Arca Continental made a significant business move in 2015 by purchasing 47.42% of the shares of Corporación Lindley from the Lindley family for $760 million.
This purchase also included the Lindley family buying 64.5 million shares of Arca Continental, representing an increase in capital.
On January 5, 2016, Arca Continental increased its participation in Corporación Lindley by 7% to 60%.
In 2018, Arca Continental's subsidiary AC Bebidas acquired 38.52% of Corporación Lindley's shares from Peru Beverage Limitada, a subsidiary of the Coca-Cola Company, for $506.8 million.
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