The story
Founded by Fortunato Brescia Tassano.1
Fortunato Brescia Tassano began his working life as an assistant in a retail store. In 1913, he acquired the Miranaves Ranch, next to the Port of Callao, and started his own business to produce subsistence farming and dairy products and became the supplier of the warehouses. A couple of years later, he bought the Limatambo ranch, which includes part of the current districts of San Borja, San Isidro and Miraflores.
In 1919, Mr. Fortunato married María Cafferata Peñaranda. Their family decided to invest in Peru. In 1928, the Government of Augusto B. Leguía expropriated part of the Miranaves Ranch to build warehouses and residences for workers of the Port of Callao. In 1940, during the government of Manuel Prado Ugarteche, part of the Limatambo ranch was expropriated to build an airport in Lima. In 1946, despite the expropriation, the opportunities in the real estate market led to Mr. Fortunato to create the company Urbanizadora Jardín. In 1948, Mr. Fortunato developed his first real estate project: The Santa Marina residential area in Callao. In 1952, Mr. Fortunato died and his sons Pedro and Mario were left in charge of the businesses with the support and continued involvement of their sisters Rosa and Ana María. In the following years, the brothers consolidated the process of growth and diversification of the group by venturing into industries such as banking, fishing, insurance, health and mining.
Currently, the group is led by its co-chairmen, Alex Fort Brescia and Pedro Brescia Moreyra, and its directors, Rosa Brescia Cafferata, Ana Maria Brescia Cafferata, Fortunato Brescia Moreyra and Mario Brescia Moreyra.
From Wikipedia’s article on Grupo Breca, shared under CC BY-SA 4.0.3