Alticor

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.

Alticor, Inc.
Formerly
  • Ja-Ri Corporation (1959–1963)
  • Amway Corporation (1963–2000)
  • Alticor, Inc. (2000–present)
Company typePrivate
IndustryHolding company
Founded1959
FounderRichard DeVos
Jay Van Andel
HeadquartersAda, Michigan, U.S.
Area served
Worldwide
Key people
Steve Van Andel (chairman)
Doug DeVos (president)
Revenue US$ 9.2 billion (2010)
OwnerDeVos & Van Andel families
Number of employees
13,000
Subsidiaries
Websitewww.alticor.com

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.

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