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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.
2004: Sales eclipse $6 billion for the first time. Company History: Alticor Inc. is the holding company for four businesses, the most well-known of which is Amway Corporation, the pioneer of multilevel marketing (MLM).
Feb 16, 2016 · Alticor is a privately-held corporation, owned by members of the DeVos and Van Andel families. It was established to serve as the parent corporation for a handful of business ventures. The name was said to be coined from the Latin words altus and cor, roughly meaning "high heart".
Jun 27, 2024 · Amway is a global corporation that offers products and business opportunities in nutrition, beauty, home, energy and sport. Alticor is a former name of Amway, but it is no longer used as a brand or a corporate name.
Abd Malik bin A Rahman (En. Abd Malik), a Malaysian, was appointed a Director of Amway (Malaysia) Holdings Berhad on 1 January 2019. He is the Chairman and Senior Independent Director of AMHB.
Dan DeVos is the son of Amway co-founder Richard DeVos and a member of the Board of Directors of Amway. He is also the chairman and CEO of DP Fox Ventures, a diversified management company with interests in real estate, sports, and entertainment.
Oct 18, 2021 · Metagenics, a global nutritional supplement company, is sold by Alticor Inc., the parent of Amway and Access Business Group. Gryphon Investors, a private equity firm, will partner with Metagenics to support its growth and innovation in the nutritional health category.
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