Descargar Flecha Cerrar Vínculo externo Fortalecer la creación de valor de los principales negocios Continuación de la expansión controlada Formación de alianzas estratégicas Adquirir negocios para crear valor en el largo plazo Reproducir Video Logo Quinenco
Logo Grupo Quiñenco S.A.


Relevant Information

  • As of December 31, 2018

  • Quiñenco's interest: 52.2%
  • Book value of investment: Ch$298,902 million
  • Investment since: 2012
  • Employees: 3,162
  • Address

  • Av. Apoquindo 4800, Tower II, 18th floor, Las Condes, Santiago - Chile
  • Telephone: (56) 22731 8240

Sociedad Matriz SAAM S.A. (SM SAAM), in which Quiñenco has a 52.2% stake as of December 31, 2018, is a multinational company based in Chile, leader in Latin America in the delivery of comprehensive services to shipping companies, importers and exporters, throughout all stages of cargo movement.

With presence in 13 countries in America and over 70 ports from Canada to the Patagonia, SM SAAM provides ship and cargo services through three main business areas: Port Terminals, Tug boats and Logistics services.

Through its subsidiary SAAM Ports, the company manages and operates five terminals in Chile (Iquique, Antofagasta, San Antonio, San Vicente and Corral); and the ports of Guayaquil (Ecuador); Caldera (Costa Rica); Mazatlan (Mexico); Port Everglades, (United States) and Cartagena de Indias (Colombia). These terminals conduct various kinds of cargo transfer operations (containers, bulk, loose and project cargo), storage, services for empty containers, and supplementary logistics services, such as: container consolidation and de-consolidation, lashing and unlashing, appraisal and inspections, both during vessel loading and unloading.

In the tug boat area, SAAM has consolidated its leadership in the regional market. Services include support to docking and undocking of vessels, assistance, salvage, towage and ferries, both onshore and offshore at the main ports of Chile, Mexico, Brazil, Uruguay, Ecuador, Guatemala, Costa Rica, Honduras, Canada and Panama.

In the logistics business, the company provides storage, transport and special services, and focuses on creating value for the customer supply chain, by managing the customer’s operational processes, inventory and information, with measurable benefits, in the most representative industries of the domestic GDP, such as consumption, food, mining and energy.

Until February 2012, SAAM was a subsidiary of Compañía Sud Americana de Vapores, CSAV. The spin-off of SAAM gave rise to SM SAAM, owner of 99.99% of SAAM’s shares. SM SAAM’s shares started to be traded on the Chilean stock exchanges on March 1, 2012.


in thousands of US dollars as of December 31 of each year
2017 2018
Sales 467,826 515,987
Operating income 115,811 80,772
Net income attributable to owners of the controller 60,442 49,607
Total assets 1,479,831 1,425,237
Total liabilities 558,012 504,870
Shareholder's equity attributable to owners of the controller 769,290 772,406

Distribution of EBITDA* by Sector

US$146 million as of December 31, 2018
*Corresponds to consolidated EBITDA.

Ownership Structure

as of December 31, 2018