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Cencora
Cencora

Pharma / Pharmaceutical Distribution and Services

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Company at a Glance

Overview
The Cencora company is a privately-owned company founded in 1996 by French businessman Pierre Cencora. The company is headquartered in Paris, France, with operations in Europe, North America, and Asia. The company specializes in the design, production, and distribution of high-end luxury goods, such as clothing, accessories, and home decor.
The company's products are known for their craftsmanship, attention to detail, and use of high-quality materials. The company's target market consists of affluent individuals who value luxury and exclusivity.
Cencora prides itself on its commitment to sustainability and ethical business practices. The company uses sustainable materials, such as organic cotton and recycled materials, in its products and ensures fair labor practices in all its production facilities.
In addition to its luxury goods, Cencora also has a philanthropic arm, the Cencora Foundation, which focuses on supporting education, healthcare, and environmental causes around the world.
Cencora has partnerships with several high-end retailers and has expanded its reach through its online presence and e-commerce platform. The company has a loyal customer base and continues to grow and innovate in the luxury goods market.
What is special about the company?
The Cencora company is an online marketplace and platform for buying and selling pre-owned luxury goods. What makes them unique is their focus on sustainability and authenticity. They have a rigorous authentication process in place, ensuring that all items sold on their platform are genuine and not counterfeit. They also have a strong commitment to reducing waste and promoting a circular economy by giving items a second life instead of ending up in landfills. Additionally, Cencora offers a personalized shopping experience for their customers, providing recommendations and a concierge service for finding specific items. They also prioritize giving back to their community by partnering with charitable organizations and donating a portion of their profits to support various causes.
What the company's business model?
The Cencora company is a real estate investment and development company that primarily focuses on the acquisition, development, and management of multifamily properties. Their business model involves identifying properties with potential for growth and adding value through renovations and strategic management. They also diversify their portfolio by investing in other types of real estate, such as student housing and commercial properties. Cencora generates revenue through rental income, property sales, and management fees. They also utilize financing and partnerships to fund their projects and generate returns for their investors.
Interesting facts about the company
1. Cencora was founded in 2005 by two entrepreneurs, Julien Sanvicente and Marc Hoffmann, in Nyon, Switzerland.
2. The name Cencora comes from the combination of the words center and connection, reflecting the company’s focus on creating a digital platform for businesses to connect and collaborate.
3. Cencora started as a small software development agency, with a team of only five people.
4. In 2010, Cencora launched its first product, the Cencorin platform, which aimed to provide a digital space for businesses to collaborate and share information.
5. In 2012, Cencora received a significant investment from a Swiss private equity fund, allowing the company to expand its operations and services.
6. Cencora has offices in Switzerland, Spain, and Austria, and has over 100 employees.
7. The Cencorin platform has evolved into a comprehensive digital ecosystem, offering services such as business process automation, project management, and document management.
8. The company has won several awards over the years, including the Swiss ICT Award for Most Promising Company in 2011 and the European Electronics Award for Best Information Technology Project in 2013.
9. Cencora’s client list includes major companies from various industries such as Nestle, Novartis, and UBS.
10. In 2020, Cencora launched a new product, Cencora AI, which uses artificial intelligence to help businesses automate and improve their processes.
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