Alticor
| Formerly |
|
|---|---|
| Company type | Private |
| Industry | Holding company |
| Founded | 1959 |
| Founder | Richard DeVos Jay Van Andel |
| Headquarters | Ada, Michigan, U.S. |
Area served | Worldwide |
Key people | Steve Van Andel (chairman) Doug DeVos (president) |
| Revenue | US$ 9.2 billion (2010) |
| Owner | DeVos & Van Andel families |
Number of employees | 13,000 |
| Subsidiaries |
|
| Website | www |
Alticor is a privately owned American corporation run by the DeVos and Van Andel families. It was established in 1999 to serve as the parent company for a handful of business ventures, most notably the multi-level marketing company Amway and Amway Global, and a manufacturing and distribution company, Access Business Group.
In 2006, Alticor purchased cosmetics maker Gurwitch Products from Neiman Marcus Group Inc. and operated it as a wholly owned subsidiary until Gurwitch was acquired by Shiseido in 2016.