São Paulo

Your hosts


Investimentos Itaú S.A., Itaúsa is one of Brazil’s largest family controlled conglomerates

Itaúsa group companies are active in a wide range of businesses, including the financial sector, wooden panels, bathroom materials (ceramics and metal fittings), chemicals and IT. However they have one feature in common: the Itaúsa approach to developing and managing their business ventures. The principles of recognizing and building human capital, ethics in business and creating value for shareholders on an ongoing and sustainable basis are the hallmarks of all companies in the group. These principles ensure competitiveness and continuous improvement in quality products and services by developing or absorbing the latest technology available, which has given Itaúsa leadership in a number of sectors.

This conglomerate was founded by Alfredo Egydio de Souza Aranha in 1935. It continued to be a family business company when, in 1959, he invited two family members to share the control of the business: Olavo Setúbal, his nephew, and Eudoro Villela, the husband of his daughter, Maria de Lurdes.

When Alfredo Egydio transferred the control to them, his most important message to his successors was: “If you stay together, you will go far, but if you separate, you will end with small businesses.”

Site visit – October 7

The visit will be guided by family members and some executives.

During our Learning Journey you will have the opportunity to learn about the history of the Setúbal and Villela family business and visit some of the most important Brazilian Art works in the amazing environment of Itaú Unibanco headquarters.

We will offer a special lunch in the Museu de Arte Moderna de São Paulo (MAM) with the beautiful view of the Ibirapuera Park.



camargoCamargo Corrêa is one of Brazil’s largest business conglomerates, with $12 billion in revenues (2012) and over 58,000 employees

Structured under a family-owned private holding company, the Group built, over its 74 years of existence, a distinctive and leading position in key sectors of the economy such as construction, infrastructure, cement and brand management, being widely recognized by consumers in Brazil and abroad. With operations in 20 Brazilian states and present in 17 countries with 60 plants around the world, Camargo Corrêa is – without a doubt – a Brazilian multinational.

The Group started in 1939, when entrepreneur Sebastião Camargo established a small construction company in the countryside of São Paulo, the Camargo Corrêa Construction Company.

Currently in the second and third Generations of shareholders, the family is very active in the business. The senior members are present in the Group´s highest governance bodies (as Board members of the Holding Companies), while the third Generation members are involved in both executive positions and Board roles in some of the subsidiary companies. The shareholders believe they have the responsibility of defining and enforcing a set of values that should guide all the executives and employees in their activities as part of any of the Group´s companies and activities. The family is also a strong believer in a best-in-class governance system as one of the pillars to enable and drive the continued success of the business and the family.

Site visit – October 7

The visit will be guided by family members and some executives.

15:00 to 16:00: Visit to work site of Camargo Corporate Towers

A brief presentation about the family and the Group in the heart of São Paulo´s business area, where the family is investing over $1 billion in the development and construction of two commercial Towers that will be the best in South America, surrounded by over 14,000 square meters of gardens with species of Atlantic Forest (“Mata Atlântica”) trees.

16:30 to 18:00: Visit to the Havaianas Concept Store
The last part of the visit sponsored by the Camargo family will be a tour of the ‘Concept Store’ of the fashion-famous flip flops – HAVAIANAS, the most valued Brazilian brand overseas . Havaianas is a product of Alpargatas, an apparel and footwear company controlled by the family.

Participants will visit the Concept Store located in Rua Oscar Freire, an important luxury shopping area of São Paulo, where they will have the opportunity to see the brand and the launch of the new collection.




A Brazilian Company with 95 years of history

Votorantim’s industrial operations are concentrated in the primary sectors of the economy which are capital intensive, demand large-scale production and high operational efficiency: cements, metals and mining, steelworks and pulp.

The company is  also active as an own-consumption energy generator, which contributes to its business competitiveness with the supply of 73% of all power consumed.

Currently, Votorantim administers 9.0% of industrial consumption and 3.7% of total consumption in Brazil from its 33 hydroelectric plants and 5 co-generation utilities, totaling 2,600MW of installed capacity.  It also operates in the financial sector through Banco Votorantim and in agribusiness through Citrosuco.


The Votorantim Group, founded in 1918, began life as a textile factory in the town of Votorantim, in the State of São Paulo. Since that time, the Group has been diversifying its activities and has enjoyed continuous growth based on values such as solidity, ethics, respect, entrepreneurship and unity.

The first step toward expansion was taken in 1935, with the acquisition of the company Nitro Química. This was followed 20 years later by the start-up of the Companhia Brasileira de Alumínio (CBA), the first company to begin operations in this sector in Brazil. Further to its strategy of constant growth and diversification, in the late 1980s the Group started investing in pulp and paper, and three years later it expanded into the financial sector with the creation of Banco Votorantim.

To handle the continuous growth of its operations in diverse areas, in 2001 the Votorantim Group established the holding company Votorantim Participações (VPAR). This was the decisive step toward the globalization of its businesses, now operational in 24 countries.

To learn more about this success story, access the Votorantim Memory Project website, a project set up in 2003 in order to strengthen the links among the Group’s professionals and to acknowledge their active role as agents of the organization’s history.


- First in Brazil and eighth in the world ;
- Acquired a stake in Portuguese company Cimpor (Europe, Africa, Asia, and Latin America). Acquired a stake in Cementos Portland (Peru) ;
- Among companies with the lowest production costs in the sector;
- The company has the lowest global emissions rates in the industry per
 ton of product (631 kgCO2/t in 2009*);
- A pioneer in the incineration and disposal of waste (tires, contaminated soil, etc.) in the cement kilns.

Site visit – October 8

The visit will be guided by family members and some executives.


Your schedule

Sunday, October 6th

Arrival in Sao Paulo


Monday, October 7th


Departure from Renaissance São Paulo Hotel

Alameda Santos, 2233 – Jardim Paulista/SP


Departure from Intercontinental Hotels and Resorts

Alameda Santos, 1123 – Jardim Paulista/SP

09:00 to 12:00

- Introduction of Setúbal and Villela family business in the Itaú facilities (CEIC)

- Visit some of the most important Brazilian Art works in the amazing environment of CEIC.

12:00 to 14:00

Lunch at MAM
(Museu de Arte Moderna de São Paulo)

14:00 to 15:00

City tour on the way to the next destination

15:00 to 16:00

Visit the worksite of the Camargo Corporate Towers
(Camargo Corrêa Family Business)

16:30 to 18:00

Visit to Havaianas Concept Store of the Camargo Corrêa Group
(At Rua Oscar Freire)


Tuesday, October 8th


Departure from Renaissance São Paulo Hotel

Alameda Santos, 2233 – Jardim Paulista/SP


Departure from Intercontinental Hotels and Resorts

Alameda Santos, 1123 – Jardim Paulista/SP

09:00 to 12:00

- Introduction to the Council Family of Votorantim Group

- Introduction and visit to the mine of Votorantim Cement.

12:00 to 13:30

Lunch – barbecue restaurant

13:30 to 15:00

Return – from Sorocaba to São Paulo



Recommended Restaurants

Santo Grão – Jardins

R. Oscar Freire, 413
Jardim Paulista, São Paulo – SP


Pão de Queijo Haddock Lobo
(the best cheese bread)

Rua Haddock Lobo, 1408
Jardim Paulista. São Paulo – SP


Rodeio Churrascaria

Rua Haddock Lobo, 1498
Jardim Paulista. São Paulo – SP


Restaurante Serafina

Alameda Lorena, 1705
Jardim Paulista. São Paulo – SP


Bistro Charlô

Rua Barão de Capanema, 440
Cerqueira César, CEP 01411-010



Rua Barão de Capanema, 549
Jardins São Paulo – SP

+55 (11) 3088 . 0761
+55 (11) 3081 . 4599


Almanara – Oscar Freire
(Arabian food)

R Oscar Freire, 523
Jardim Paulista, São Paulo – SP


Restaurante Emiliano

Rua Oscar Freire, 384
Cerqueira César, São Paulo – SP


Hotels Rates

Apart from the accommodation, this Learning Journey is organised on a complimentary basis. Kindly book your accommodation among those selected hotels :

IntercontinentalDeluxe (One double bed)From 418 USDPlus 5.25% ISS + R$6 turism tax
RenaissanceDeluxe (Single or Double)from 318 USDPlus 5% ISS + R$6 turism tax


Apart from accommodation, this Learning Journey is organized on a complimentary basis.


Registration is now closed

For further information about these Learning Journeys, please contact :

Arthur Castelo Branco
Email: secretaria@fbn-br.org.br