In 1913, he acquired the Miranaves Ranch, next to the Port of Callao, and started his own business to produce subsistence farming and dairy products and became the supplier of the warehouses.
In 1928, the Government of Augusto B. Leguía expropriated part of the Miranaves Ranch to build warehouses and residences for workers of the Port of Callao.
[4] In 1940, during the government of Manuel Prado Ugarteche, part of the Limatambo ranch was expropriated to build an airport in Lima.
[5] In 1946, despite the expropriation, the opportunities in the real estate market led to Mr. Fortunato to create the company Urbanizadora Jardín.
[6] In 1952, Mr. Fortunato died and his sons Pedro and Mario were left in charge of the businesses with the support and continued involvement of their sisters Rosa and Ana María.
In the following years, the brothers consolidated the process of growth and diversification of the group by venturing into industries such as banking, fishing, insurance, health and mining.
Their sisters Ana María and Rosa were, at that time, 27 and 25 years, respectively, and although they were considered in the big decisions (by Pedro's mandate, everything was decided by consensus), they never got involved in the day-to-day business.
In addition, their diversification led them to develop the mining business, so they took advantage of the quarries they inherited from their maternal grandfather, but his father Mr. Fortunato decided to close.
This nationalization policy of the economy, although it meant a financial loss for the nascent Brescia group, it also opened the door to new opportunities since the Government had ordered that the industry, mining, banking and insurance, traditionally dominated by foreign capital, must necessarily have local partners.
By the end of the seventies decade, the Brescia group acquired the Compañía Peruana de Pinturas (CPP) and the fabric factory La Unión.
Consequently, the current management of the group is in charge of a steering committee made up of four members of the third generation, who act by consensus and maintain the tradition of the founders.
[16] Founded in 1896, Rímac Seguros y Reaseguros is the oldest insurance company in Peru and a leader in the Peruvian market.
[20] Currently, Marcobre is carrying out a copper project called Mina Justa located in Marcona, Ica.
The mine is located in the Central Andes of Peru, in the Lauricocha Province, Department of Huánuco, at an altitude of 4300 to 4700 meters above the sea level.
The group's hotel operation has a presence throughout Peru, such as in Cusco, Lima, the Valle Sagrado in Urubamba and the coastal town of Paracas.
The company operates through the Westin, JW Marriot and Luxury Collection (in alliance with Starwood) trademarks in Lima, as well as in selected locations in Cusco, Urubamba and Paracas.
Melón is a leading construction materials company in Chile, with three business units: cement, concrete and aggregates.