Grupo Mercasid

Sociedad Industrial Dominicana, C. por A., was founded in the city of Santo Domingo, Dominican Republic, on July 1, 1937 by Jesús Armenteros Seisdedos and José María Bonetti Burgos, as a company committed to producing cooking vegetable oils. Through the years, La Manicera, as it more commonly become known, began to expand the array of products it offered the Dominican consumer, introducing to the market new varieties of oils, margarines and detergents. On June 1, 1971 it signs with Unilever Export Limited an Agreement of Technical Assistance and Distribution (Royalty Agreement) and in the decade of the 1980s it begins developing agro industrial projects with oil palms, flowers and citric fruits. In the commercial realm, SID becomes during in the 90s a distributor for the Dominican Republic of renown brands such as Kellogg's, Kimberly Clark, Hershey's, Eridania-Behim Say (Koipe), Haagen Dazs, General Mills, Novartis, among others. In 1999 SID merges with another large Dominican food producing company, Mercalia, S.A., and thus MERCASID, S.A. is born.