Amway Topic

Amway and Alticor

Amway and Alticor details

Alticor is the parent company of Amway, and therefore Quixtar as well. At the core of Alticor, there is Amway. Alticor was formed in 2000 as a holding company and operates five businesses: direct-selling giant Amway, Web-based sales firm Amway Global/Quixtar, Amway Hotel Corp. (corporate development for Alticor and affiliates), upscale cosmetics company Gurwitch Products, and Access Business Group (manufacturing, logistics services).

Access Business' biggest customers are Amway and Quixtar, but Access also serves outsiders. Amway, which accounts for most of Alticor's revenues, sells more than 450 different products through some 3 million independent distributors. Quixtar sells Amway and other products online. Alticor is owned by Amway founders, the DeVos and Van Andel families.

There are many negative consumer comments for all Amway associated companies, although the companies themselves still manage to make considerable profits, indicating that their products are well received.

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