Corimon CA Class A
BBVCA:CRM.A775.00
VES
+28.00
(+3.75%)
ISIN
VEV0000410A0
Return %
Stock
S&P 500
1Y
501.01
14.39
3Y
23,218.81
81.42
5Y
30.20
68.62
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Quarterly Revenue
USD
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in mil. unless spec.Quarterly Earnings Per Share
USD
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in mil. unless spec.Quarterly Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Esteban Szekely
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Caracas Venezuela
- IPO Date
- Jun 23, 2004
- Website
- corimon.com
- Similar Companies
- Business
- Corimon, C.A. (BVC: CRM.A) is an industrial conglomerate that manufactures, distributes, and markets paints, chemical coatings, synthetic resins, flexible packaging materials, and painting accessories. Founded in 1949 and headquartered in Caracas, Venezuela, the company operates across diverse industrial, commercial, and retail segments, catering to architectural, automotive, industrial, construction, and consumer packaging markets. Corimon offers an extensive portfolio of products and services, including decorative, architectural, marine, traffic, and industrial protective coatings marketed under recognized proprietary brand names such as Montana, Pinco, and Dekoral; synthetic resins, chemical intermediates, and polymer emulsions developed through its Resimon subsidiary for coatings, adhesives, and industrial manufacturing applications; flexible packaging solutions, rotogravure and flexographic printing services, and specialized barrier films produced via Montana Gráfica; commercial and industrial printing inks formulated through its Grafis division; professional painter tools, bristle brushes, rollers, and surface application accessories manufactured under the Cerdex brand; and retail distribution, technical color matching, and specialized painting advisory services delivered through a franchised commercial footprint of more than 120 Tiendas Montana stores. Geographically, Corimon primarily serves the Venezuelan domestic market while maintaining export distribution and commercial activities across the Caribbean and Latin America, including operations in the Dominican Republic, Paraguay, Trinidad and Tobago, and Colombia. In recent corporate developments, Corimon has advanced strategic capital management programs, executing equity capital increases and approving substantial shareholder cash dividend distributions through the Bolsa de Valores de Caracas. The company has simultaneously broadened its franchised Tiendas Montana retail network, upgraded manufacturing facilities to enhance operational efficiency and lower environmental impact, and introduced expanded lines of high-durability industrial coatings and architectural paint formulations to capture evolving demand across regional construction and renovation sectors.