Everything about Alticor totally explained
Alticor is a privately held
corporation, owned and run by members of 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 companies
Amway and
Quixtar and a manufacturing and distribution company Access Business Group. In 2006, Alticor purchased
Gurwitch Products from
Neiman Marcus Group Inc., a investment firm and Gurwitch Product CEO Janet Gurwitch.
Alticor Corporate Enterprises
Founding in 2006, Alticor Corporate Enterprises is a subsidiary holding corporation of Alticor's non-direct selling companies: Amway Hotel Corporation, Gurwitch Products,
Interleukin Genetics and
Fulton Innovation. Pyxis Innovations Inc., formed in 2000, purchase ownership in Interleukin Genetics and is a wholly-owned subsidiary of Alticor Inc.
Amway Hotel Corporation
Alticor subsidiary Amway Hotel Corporation owns the
Amway Grand Plaza Hotel in downtown
Grand Rapids, Michigan, which opened in
1913 as the Pantlind Hotel. It was purchased, refurbished, expanded, and renamed in 1981. The company owns and operates the
Courtyard by Marriott in Plaza Towers. A third hotel in Grand Rapids under the name
JW Marriott Hotels was opened in September 2007.
Further Information
Get more info on 'Alticor'.
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