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The Algar Group

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The Algar Group The Algar group We offer simple, innovative solutions for more than two million clients. Algar S/A – Sustainability Report 2017 The Algar group 7 We are a diversified business group operating in the Information and Communication Technology THE ALGAR GROUP (ICT), Agribusiness (Agro), Services and Tourism sectors, with a total net income of R$ 4.5 billion in 2017. Our holding company oversees eight companies – in addition to NetSupport and Sensix, GRI 102-1 | 102-2 | 102-4 | 102-5 | 102-6 | 102-10 where we are minority shareholders – which serve more than two million clients via solutions that are simple, sustainable and innovative. We operate throughout Brazil, as well as in Argentina, Colombia and Mexico. More than 19 thousand associates comprise Algar, driven by the purpose of “People serving People”. You can check out our corporate structure in the “Supplementary GRI indicators”. Algar S/A – Sustainability Report 2017 The Algar group 8 TRACK RECORD OF The history of the Algar group began in 1930, when the Portuguese businessman Alexandrino Garcia founded a rice processing company in Uberlândia (MG). Since then, the entrepreneurial TREND-SETTING vocation of the Garcia family and its desire to contribute to Brazil’s economic development AND ENTREPRENEURSHIP have been the driving force behind the creation of new businesses in different market segments. Decade Decade Decade Decade 1940/50 1960 19 70 1980 We entered the automotive sales CTBC took over other We created Agropecuária Brasil We founded the Holding Company and industrial sectors; telephone companies; Central (currently Algar Agro); of the Algar group to address the We acquired the “Correio de We founded Gráfica Sabe We acquired a soybean oil and expansions and diversification Uberlândia” newspaper; printing company. derivatives plant, in addition to a of the business, greatly boosting organizational governance. We created CTBC (Companhia de tourism complex known today as Telecomunicações do Brasil Central). the Rio Quente Group. Algar S/A – Sustainability Report 2017 Mensagem da Administração 9 TRACK RECORD OF TREND-SETTING AND ENTREPRENEURSHIP Decade Decade Decade 1990 2000 2 010 We invested in new technologies (such as Brazil’s We founded The Algar Institute, responsible today for We consolidated our presence in the capital city first optical and fiber optic combination); coordinating our corporate social and environmental of São Paulo and opened international offices in We repositioned our businesses (existing the vehicle actions, unifying and strengthening the Algar brand. Colombia, Argentina and Mexico; and industrial sectors); We acquired Asyst Service Desk (merged into Algar We made progress in the cable TV market (with the Tech), Optitel (merged with Algar Telecom) and Costa acquisition of Image TV) and customer relationship do Sauípe (merged into the Rio Quente Group); management (by creating the Company known today We founded Algar Ventures, thereby strengthening our as Algar Tech) and we registered our avant-gardism in contribution to innovation; pre-paid mobile telephony in Brazil; Through Algar Telecom, we built the Monet submarine We commenced activities at UniAlgar, the Group’s fiber optic cable connecting Brazil and the United States; business university for developing talent within The Archy fund, an affiliate of GIC Special the Company; Investments, acquired approximately 25% of the We created Space Vigilância (currently Algar capital of Algar Telecom. Segurança) and we founded ACS Call Center Service (currently Algar Tech). Algar S/A – Sustainability Report 2017 Mensagem da Administração 10.
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