Ranzalar Holdings
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Ranzalar Holdings, Inc. is the holding company for the personal ventures of Toran Davras Ranzalar, the richest man in Acronis. It consists of two primary divisions, each of which is also a subsidiary corporation: Ranzalar Palm Products, which is Acronis' largest producer of palm oil, and Monata Automotive, which is the market leader among Acronian car manufacturers.
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| Ranzalar Holdings | |
| Type | Holding Company |
| Privately-held | |
| Founded | 22 September 1987 |
| Headquarters | Zaram, Acronis |
Area served | Worldwide |
Key people | Toran Davras Ranzalar (President) |
| Products | Automobiles Palm Oil |
| Revenue | $247.3 billion SHD (2019) |
| Owner | Toran Davras Ranzalar |
Number of employees | 157,000+ (2019) |
| Subsidiaries | Ranzalar Palm Products Monata Automotive |
| Website | www.ranzalarholdings.ac |
Ranzalar Palm Products
Ranzalar Palm Products was established in 1964 by Amaran Davras Ranzalar, Toran's grandfather, and was inherited by Toran in 1985 upon his grandfather's death. In the 1970s, a significant period of conglomeration occurred in the Acronian palm oil industry as smaller, regional companies were bought out by nationwide firms. Ranzalar was a leading force in this, and by 1979, Ranzalar was the largest landowner in Zaram Province and either owned outright or owned stakes in approximately half of the palm plantations in the province. When Toran took over the company in 1985, it was already making $75 billion SHD per year in revenue.
Ranzalar has made a name for itself in the industry primarily by making firm public commitments to fair trade and labor practices at all of its facilities, which it has in Acronis, New Rania, and Ni-Rao. Toran Davras Ranzalar made a commitment upon assuming control of the company that the company would never establish a plantation in an area that had been clear-cut of old-growth rainforest at any point after the year 1900. This includes most of southern Acronis, where most of the rainforest had been clear-cut since antiquity. Additionally, the company plants one tree in an area of the world that has been deforested for every oil palm that it plants on one of its plantations. Ranzalar has been situated at the high-end of the international palm oil since the 1980s, and has seen growth in revenue all but 3 years since 1985.
Monata Automotive
Monata Automotive Company was established in 1929 in Odai, Acronis. The company's name is an Acronian word meaning "to gar far." The company was family owned by the descendants of Acronian automotive pioneer Lirala Tano Rentrovat until 1990, at which time the family sold the company to an Acronian private equity firm named Nolara Equity Partners for $38 billion SHD. Six years later, Nolara announced that the company had not performed to expectations and that it would be selling Monata to a Tavari car company, Utana, for $28.5 billion SHD, a loss of nearly ten billion dollars. This move was immensely unpopular in Acronis, as the idea of a Tavari company manufacturing cars in Acronis was politically repugnant to most people. While he had never intended to enter the automotive industry, Ranzalar made a counter-offer of $48 billion, twenty billion more than what Utana was offering, an amount Ranzalar knew Utana could not reach. Nolara agreed to sell the company to Ranzalar Holdings.
In 2004, Ranzalar Holdings sold a 40% stake in Monata to the North Ethalrian car manufacturer Audelli Group. Ranzalar Holdings maintains the controlling stake in the company. Monata Automotive has been the leading manufacturer of cars in the Acronian Empire since 2014.