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Formerly |
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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)[2] |
Revenue | ![]() |
Owner | DeVos & Van Andel families |
Number of employees | 13,000[4] |
Subsidiaries |
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Website | www |
Alticor is a privately owned American corporation run by the DeVos and Van Andel families.[5] 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.[6][7]
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.[8]