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Logo Grupo Quiñenco S.A.
Quiñenco is one of the largest and most diversified business conglomerates in Chile. It manages assets of approximately US$113.2 billion, with investments in leading companies of the financial, beverage, manufacturing, energy, transport and port services sectors, which altogether employ more than 75,000 people in Chile and abroad. In 2023, the aggregate sales of the main operating subsidiaries and affiliates in which Quiñenco participates amounted to US$40.6 billion.

Founded in 1957, Quiñenco S.A.'s shares are traded on the Chilean stock exchanges. With 83% of ownership interest, the company manages the Luksic Group’s financial and industrial investments. The remaining percentage is in the hands of minority shareholders. As of December 31, 2023, its market capitalization amounted to US$5.4 billion.

Quiñenco's value creation system is based on the excellent management of its investments. Maintaining management control of the companies, either directly or through strategic alliances, is a relevant aspect for the execution of its corporate strategy.

Over the last 26 years, the holding has demonstrated its capacity to generate value, obtaining earnings of US$2.0 billion for its shareholders resulting from divestment transactions of approximately US$4.8 billion.

Main Quiñenco Group Companies

Financial Services Banco de Chile 51.2%2 (in alliance with Citigroup) US$11.9 billion Loans
Beverage CCU 65.9% (in alliance with Heineken) US$2.4 billion Chile (beer, non-alcoholic beverages and spirits)

International Business (beer, cider, non-alcoholic beverages, spirits and water in Argentina, Uruguay, Paraguay and Bolivia)



Manufacturing NEXANS 19.3% US$3.8 billion Cables (Worldwide) 2
Energy Enex 100% US$980 million3 Fuels
Service Stations
Transport CSAV


US$3.2 billion

US$26.2 billion

Container Ship Liner (Worldwide)

Port Services SM SAAM 62.6% US$1.2 billion Tug Boats (America) 1

1 As of December 31, 2023.
2 Corresponds to LQIF’s stake in Banco de Chile.
3 Energy segment book value as of December 31, 2023.
4 Percentage held by CSAV.


in millions of Ch$ as of December 31 of each year
2022 2023
Total assets 69,583,052 69,348,511
Total liabilities 55,581,638 54,164,813
Total equity 14,001,414 15,183,698
Net income from non-banking businesses 4,803,197 731,513
Net income from banking businesses 1,411,075 1,244,113
Consolidated net income 6,214,272 1,975,626
Net income attributable to owners of the controller 3,535,322 841,967
Earnings per share (Ch$) 2,126.18 506.37

Investments by Sector

US$10.8 billion as of December 31, 2023
Book value at corporate level