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JM Share > 16,775 1,50 % 23 May 2013, 16:36 GMT

Manufacturing

Jerónimo Martins is the largest Manufacturing Group of fast moving consumer goods in Portugal, through its holdings in Unilever Jerónimo Martins and in Gallo Worldwide.

Manufacturing

While Unilever Jerónimo Martins maintains its leadership in the margarine, ice tea, ice cream and laundry detergent markets, Gallo Worldwide is the leader in both the domestic market and Brazil, Angola and Venezuela.


Origins of the Group's manufacturing activity

Jerónimo Martins began its manufacturing operations in the late 1930s and early 1940s, the first milestone being the opening of the Fima factory (Fábrica Imperial de Margarina, Lda) in 1944, dedicated to the production of margarines and cooking oils.

The key moment in the Group's expansion in this activity occurred in 1949, when it established a joint-venture with the Anglo-Dutch multinational Unilever, whose products had already been marketed by the Group for many years.


Current organisation of manufacturing activity

The partnership with Unilever was reinforced in 2007 with merger of FimaVG, Bestfoods, LeverElida and IgloOlá into a single Company named Unilever Jerónimo Martins, 45% of which was held by the Jerónimo Martins Group.

In 2009, Unilever Jerónimo Martins spun off the Olive Oil and Vegetable Oil business, which give rise to Gallo Worldwide.