Tuesday , October 19 2021

Alberto Kassis evaluates his future in Copesa: "I see what I do"



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Entrepreneur, low-profile, admits that the media is not doing well. Today, he wants to replace Cial, the parent company of brands such as San Jorge and La Preferida. 16% of the media holding company supporting La Tercera. The conglomerate has made important adjustments to improve its performance and the Kassis can be pulled aside.

There are several times he speaks to the press and there are a few people who meet with the authorities. This is despite its proximity to certain political castles. This is yesterday, Finance Minister Felipe Larraín, at the sausage plant in Pudahuel Street, Alberto Kassis Sabag, one of the sausages defeating their backs. "This is the kind of work that the President Piñera Government wants to do," the Foreign Minister said.

Kassis proudly shows his factory which he founded 50 years ago. "Those who have been working here for 50 years, already have two employees, we give them a Mazda," he says. Labor Reform doesn't support companies, but it doesn't touch them too much. They closed the collective bargaining of the two areas of the company. Everybody at the factory calls him "Don" Alberto. It's not a factory, it's not a family business. His two daughters and his wife join the firm's board of directors. Therefore, the stock market is not included in their plans to either unfold or join partners in La Preferida and the matrix of San Jorge.

In the vituperation of the Salamis sandwich, Kassis demonstrates the tradition: offering Arabian desserts to guests. He says good-bye to the minister and speaks to several journalists who know him. The rest of the press, despite its interest in the business world, is not attracting much attention.

The businessman was part of the group that was baptized as one of the 10 mosques in the late 80s by buying the Oseyno bank. As part of this group so far the businessman Álvaro Saieh, his partner was so far integrated. holding company media Copesa. Saieh would later start his life as a prominent banker.

Kassis was baptized in the press as the closest Pinochet businessman to Michelle Bachelet. In fact, there were neighboring houses in the south with the former President. In addition, the two former ministers of the dictatorship – the so-called "military government" – are part of the company's board of directors: Carlos Cáceres and Hernán Büchi.

He is also a board member of the Pinochet Foundation, where he is also a consultant. However, he is always recognized for his kindness and transnancy, so that he and his former president have met on a number of occasions beyond dinner and at dinner and Palestinian embassy meetings.

His projects for the parent company CIAL, including the winter, are investing around 20 million dollars in a modern factory in 2019. He invested more than $ 100 million in this complex. This is his main task, but he also shares one of his olive oil with his colleague José Said (controller of Parque Arauco), who invests in cranberries and Chilean horses and, of course, in the Arabs.

"I feel good (to the government) and I see that there is trust, that there is peace with the Government, and I hope that these investments will be made and the country will continue to grow, we are interested in the growth of the country, there is more consumption in every order." things and that he prefers us as a food company. Market Counter.

The businessman, who owns the San Benito and Sinergia real estate agencies, the La Reserva de Lancay farm and the Alka agricultural industry, has a 16.6% share of the newspaper consortium. Third And it's been a long time since the rumor of getting out of the pack.

Pain in Copesa

The media are having a hard, stormy moment, and among the layoffs and closures, Copesa is one of the ships sailing in a crisis that pushes to rethink. Jorge Andrés Saieh, son of the retaining hierarchy – is now managing the progress of the conglomerate, which in the past has made a series of decisions to stop those who were baptized behind scenes as a historical year of losses.

Closing the paper version What's up and Paula, total reformulation Fourthand adjustments pulse and Hourhas been a part of decisions. Andrés Benítez, former rector of the University of Adolfo Ibáñez, and the arrival of Carolina Schmidt, who left the ship to go early, promised health improvement.

The latest news was the departure of management. Third By Juan Pablo Larraín. José Luis Santa María, who has not been approved at the office, will be replaced by the office. Some of the reasons would be Kassis's demands in Copesa. He had never been involved before, but he had a definite decision: he doesn't want Copesa to stay in a bottomless bag.

Their assessment was made through the representative of Luis Gutiérrez, his lawyer in the directory. Capital Magazine has not delayed the announcement of the arrival of Santa Maria in a report, but not because of their suspicion of their ability. Değil Since 2014, since then, Alberto Kassis unsuccessfully tested because of the differences that the two partners have made. there are those who say that the media group sells 16.3% to Álvaro Saieh, who owns 83.3% of the group, but they have failed to reach an agreement on the prices and that the owner of Cial Alimentos has veto power. appointment of the director Third and senior executives. "

And today, this option applies to get out of the way. Kassis does not want to spoil the day of the glorious visits, and by making a short statement, he says he does not want to comment more on Copesa. "I'm in a situation where I see what I do … It's not an easy task in the middle," El Mostrador told Mercados while an event was taking place.

Reducing costs can be part of irrevocable tasks for the managers responsible for the ship. Although the media has made strong personnel arrangements, the industry demonstrates that it will be a new challenge in March to handle the implementation of the digital project in Copesa. Also evaluated for digitalization. Third Monday to Thursday, but the option would have been discarded at this time.

Kassis also wanted to sell its shares in other crises. Thus, in August 2014, the entrepreneur aimed to sell his shares. "Based on the fact that Copesa is worth USD 120 million, Kassis would keep its percentage around $ 17 million," he said. The price will be the best stone for the entrepreneur's separation. The value of Copesa is a mystery today. A brand of infinity, though, does not have great assets. A few years ago he sold an important part of the land from the old city centers (located on the developing old street) and alienated the crown jewels with the privilege of some radios. It would be about $ 10 million for Carolina to sell to Mega.

With one-year historical losses, there is no doubt about the true value of the company. This is despite the fact that the colony families of the two emerging groups express their intention to purchase shares. Businessman also maintains a shareholding in digital media freeman.

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