CMI is a family-owned multilatina in Guatemala, where Juan Luis Bosch Gutiérrez is one of the leading businessmen. Continues reading to learn about the origins of Corporación Multi Inversiones and its lines of business.
Some facts about CMI
CMI dates back to 1920 and its founder is Juan Bautista Gutiérrez. Its operations are carried out through two business groupings, one for food and the other for capital. In this way, it seeks to create a sustainable impact in the communities where it operates, offering excellence and quality in products and services.
CMI (Corporación Multi Inversiones) is a family corporation of Central American origin with almost 100 years of history, more than 40,000 employees and presence in more than 14 countries on 3 continents, generating investment, employment and development in the region.
Through the so-called “Business Groupings” it seeks to create a sustainable impact in the communities where it opereates, offering excellence and quality in products and services.
History of CMI
CMI’s roots began in 1920 thanks to its founder, Mr. Juan Bautista Gutiérrez, who started with a small store located in San Cristóbal Totonicapán, Guatemala. Then, in 1936 Molino Excélsior was founded in the city of Quetzaltenango, Guatemala; thus began the corporation’s milling business unit.
In 1964 CMI’s poultry operation in Guatemala was inaugurated with the acquisition of Granja Villalobos, initiating the Livestock Industry business unit. Seven years later, the first brand of the Restaurants Central America business unit was born: Pollo Campero, in 1971.
In 1972 CMI began expanding its restaurant and poultry operations to Central America. In 1988, the corporation began operations in the construction sector, with the purpose of developing urbanization and housing projects, shopping centers and office complexes in various areas of Guatemala.
Then, in 1994, Pollo Campero launched its franchising business. In the same decade, it started the Finance business unit with the objective of satisfying the financial needs of the corporation’s companies.
Since 2000, CMI has continued to expand its business throughout Central America, the Dominican Republic, Mexico, the United States, Europe and Asia. Likewise, in 2004, the Energy business unit began operations, with hydroelectric projects. This business unit expanded in 2016 thanks to the acquisition of one of the most important regional platforms in the renewable energy sector with wind and solar energy projects.
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