Alticor Company Description
At the core of Alticor, there is Amway. Alticor was formed in 2000 as a holding company and operates five businesses: direct-selling giant Amway, Web-based sales firm Quixtar, Amway Hotel Corp. (corporate development for Alticor and affiliates), upscale cosmetics company Gurwitch Products, and Access Business Group (manufacturing, logistics services). Access Business' biggest customers are Amway and Quixtar, but Access also serves outsiders. Amway, which accounts for most of Alticor's revenues, sells more than 450 different products through 3 million independent distributors. Quixtar sells Amway and other products online. Alticor is owned by Amway founders, the DeVos and Van Andel families.
View the Comprehensive Company Description for Alticor
The Company Description provides a historical perspective of Alticor's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Alticor's evolution in the marketplace.
