Industrias Products Alimenticios 

Ipal S.A., through its subsidiaries, produces and sells food products in Chile. It produces breakfasts, lunches, and snacks for school feeding programs under the Hendaya brand; and cereals, cereal bars, snacks, dehydrated products, dairy mixes, and functional foods under the Proalsa brand. The company also provides prepared meals and tailored gastronomic solutions for its clients, including casinos, restaurants, dealerships, airlines, hospitals, etc., as well as frozen products under the Innovalim brand. In addition, it engages in the development of real estate projects; tourism and agricultural businesses; and development of products for third parties and dealers, as well as food for the institutional market and concessionaires. Ipal S.A. was founded in 1952 and is based in Santiago, Chile.