Ipal S.A., through its subsidiaries, engages in food business in Chile. The company operates through two segments, Food Business and Tourism Business. It is involved in the production of cereals, cereal bars, snacks, dehydrated products, dairy blends, and functional food under the Proalsa brand; develops products for third parties and concessionaires; provides prepared meals and customized catering solutions for casinos, restaurants, dealerships, airlines, and hospitals under the Innovalim brand; invests and develops real estate projects; developing tourism experiences; and agricultural business. The company also offers breakfasts, lunches, and snacks services to educational establishments under the Hendaya brand. Ipal S.A. was incorporated in 1952 and is headquartered in Santiago, Chile.