Key elements of our strategy include the following:
Strengthen Value Creation in Core Businesses
We seek to strengthen the ability of each of our businesses to generate value for our shareholders. For certain businesses, this may be through a strategy of growth and market leadership. For other businesses, we may seek to increase productivity and efficiencies, in some cases through restructuring.
In each of our existing businesses, we will promote the adoption of "best practices" from leading competitors and industry peers, the identification of synergies across business units, and the attraction and retention of high-quality personnel.
Continue Managed Expansion
We believe that our management experience, the location of our facilities and the strength of our products, services and distribution networks position us to take advantage of growth opportunities in Chile and, in certain instances, in other countries of the region or in the rest of the world. Our approach to international expansion is a managed and gradual one.
Form Strategic Alliances
We intend to continue, where advantageous, to form alliances with world class partners to capitalize on the benefits provided by strategic relationships.
We believe that our strategic relationships with industry leaders in order to further develop our businesses have provided us with access to expertise, capital and other competitive advantages.
Acquire Businesses to Create Value in the Long Term
Quiñenco's strategy is to create value for shareholders through the acquisition and active management of a diversified group of complementary businesses through long-term controlling stakes or strategic alliances. In pursuing this strategy, Quiñenco will consider from time to time acquiring control of, or making substantial new investments in other companies engaged in the industrial and financial services sectors.
We intend to focus on products and services where our existing strengths such as our management expertise, strategic partners or distribution networks allow for competitive advantages. In addition, from a long term perspective, we evaluate eventual divestitures, when we believe that the opportunity to divest creates more value for our shareholders.