Puratos is not a public company, but rather a privately owned one. Being privately owned means that the company is not listed on any stock exchange and its shares are not available for public trading. Instead, the ownership of the company is held by a select group of individuals or entities.
One advantage of being a privately owned company is that it allows for more flexibility and long-term decision making. Since the company is not accountable to public shareholders, it can focus on long-term growth and strategic initiatives without the pressure of meeting short-term financial targets. This can be particularly beneficial in industries that require significant investment in research and development, such as the food and beverage industry.
Another advantage of being privately owned is that it allows for more control and autonomy. The owners of the company have the ability to make decisions without the influence of external shareholders. This can be especially important when it comes to maintaining the company's values and vision. It allows the company to stay true to its core principles and make decisions that align with its long-term objectives.
However, being a privately owned company also has its challenges. One of the main challenges is the limited access to capital compared to public companies. Public companies have the ability to raise capital by issuing shares to the public, whereas privately owned companies often have to rely on other sources of funding such as bank loans or private investment. This can sometimes limit the growth opportunities of a privately owned company.
In the case of Puratos, being a privately owned company has not hindered its growth and international expansion. The company has managed to establish a strong presence in over 100 countries and has a network of subsidiaries around the world. This demonstrates that being privately owned does not necessarily restrict a company's ability to expand its global footprint.
While Puratos is not a public company, being privately owned has its advantages and challenges. It allows for more flexibility, control, and long-term decision making, but it may also limit access to capital. Nevertheless, Puratos has managed to thrive as a privately owned company and continues to be a major player in the food and beverage industry.