CASUR

What CASUR does

CASUR (Compañía Azucarera del Sur S.A.) is a Nicaraguan agro-industrial company that operates the Ingenio Benjamín Zeledón sugar mill in Potosí, Rivas. Founded in 1940 as Ingenio Dolores, nationalized in 1980, and privatized in 1993 under the CASUR S.A. name, the company has been majority-owned by Colombian group Grupo Mayagüez since 2014. CASUR is fully vertically integrated: it cultivates sugarcane across 9,580+ harvested hectares (58% in Rivas, 43% in Nandaime/Granada, with 26% supplied by local producers), runs an industrial milling operation producing standard, special white, brown, and raw sugar plus molasses, and operates a 40 MWH biomass cogeneration plant fueled by sugarcane bagasse that supplies 27% of the mill's own electricity needs and delivers 73% to Nicaragua's public grid.

Technology is centered on agricultural efficiency and energy integration: laser and GPS soil leveling, multi-system irrigation (drip, front-advance pivot, gravity, aspersion), a new-generation water treatment plant (clarification, ultrafiltration, activated carbon, reverse osmosis), and green-cane mechanical harvesting. The business model is commodity-based B2B/B2B2C sugar sales — Zafra 2025-2026 produced approximately 1.23 million 50kg bags, of which 45% is sold domestically and 55% exported to Peru, the European Union, the United Kingdom, Taiwan, South Korea, and the United States. CASUR monetizes the electricity stream separately through grid sale, and supports export market access through a stack of certifications: ISCC, ISO 9001:2015, BPA, BPM, HALAL, and KOSHER. Direct employment exceeds 2,500 workers per harvest season, with over 80 staff trained annually in Colombia under the Grupo Mayagüez technical program.

Name

CASUR

Legal name

Compañía Azucarera del Sur S.A.

Website

https://casur.com.ni

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CASUR is a vertically integrated Nicaraguan sugar mill that cultivates cane, produces standard, white, brown, and raw sugar plus molasses, and exports to six geographies while operating a 40 MWH biomass cogeneration plant. It serves domestic and international food and beverage manufacturers under ISCC, ISO 9001, HALAL, and KOSHER certifications.

Ownership category

akta.pro rank

Product category

Sugar Production and Agro-industrial Manufacturing

NAICS

Cane Sugar Manufacturing (311314), Sugarcane Farming (11193)

akta.pro primary industry

Cane Sugar (Raw & Refined) (AFAJAAAA)

akta.pro secondary industries

Sugarcane Farming (AFAGAEAA), Sugar & Sweeteners Trading/Wholesale (AFAIAKAB)

Keywords

• Sugarcane cultivation
• Sugar manufacturing
• Biomass cogeneration
• Agro-industrial production
• Renewable energy generation

Headquarters

HQ city

Rivas

HQ country

Nicaragua

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. Sugar Production and Sales: CASUR produces and commercializes Standard Sugar, Special White Sugar, Brown Sugar, Raw Sugar, and Molasses (Honey). The company produces approximately 1,233,415 bags of 50kg sugar per harvest. 70% of production goes to national market and 30% to international market.
2. Cogeneration/Energy Sales: The 40 MWH cogeneration plant produces energy from sugarcane bagasse biomass. 27% of generation satisfies the mill's own consumption while 73% is delivered to the public electrical grid.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

CASUR is a vertically integrated agro-industrial company that cultivates sugarcane and produces a portfolio of sugar products — Standard Sugar, Special White Sugar, Brown Sugar, Raw Sugar, and Molasses — packaged in 50 kg bags for sale to national and international food and beverage manufacturers. In parallel, the company operates a 40 MWH biomass cogeneration plant that uses sugarcane bagasse to generate renewable electricity, with 73% of output delivered to the public electrical grid. Operations span field cultivation (with advanced irrigation), sugar mill processing, and energy generation, all anchored at Ingenio Benjamín Zeledón in Potosí, Rivas, Nicaragua.

Product overview

CASUR operates as a vertically integrated sugar mill and agribusiness. The company produces a portfolio of sugar products including Azúcar Estándar (standard sugar), Azúcar Blanco Especial (special white sugar), Azúcar Moreno (brown sugar), Azúcar Crudo (raw sugar), and Melaza (molasses as a by-product). As a complementary offering, CASUR operates a 40 MWH biomass cogeneration plant that produces renewable electricity from sugarcane bagasse. The integrated operation encompasses agricultural production (sugarcane cultivation with irrigation technology), industrial milling, and energy generation, with products distributed to national and international markets.

Differentiator

Problem solved

Functional benefit

Brands

• Ingenio CASUR: The sugar mill operated by CASUR, located in Potosí, Rivas, Nicaragua.

Products and services

• Azúcar Estándar (Standard Sugar)

Quantifiable outcome

• 27% of cogeneration output satisfies mill's own energy needs, with 73% delivered to public grid
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered regional recognition, environmental conservation, waste management, environmental regulation, hazardous waste management and technical training.

• Claro Nicaraguaregional recognitionOthers · 26 May 2026Claro Nicaragua recognized CASUR along with 16 other Nicaraguan companies for sustainability and corporate social responsibility actions, representing recognition of the company's commitment to responsible practices oriented toward economic, social and environmental development.
• Alcaldía de Belénenvironmental conservationStrategic or Co-development Partner · 1 January 2008Partnership with the municipality of Belén for the Gil González Environmental Services project, providing technical advice and economic incentives to 115 producers in communities of Mata de Caña, San Juan Viejo, Las Mesas, Santa Cruz and other high areas for forest conservation to capture water in low areas.
• Alcaldía Municipal de Potosíwaste managementImplementation/ SI/ Consulting PartnerMunicipal waste management services provided by the Alcaldía Municipal de Potosí for domestic, organic, plastics, aluminum and glass bottle waste from CASUR operations.
• MARENA (Ministerio del Ambiente y los Recursos Naturales)environmental regulationStrategic or Co-development PartnerMARENA provides environmental licenses and oversight for CASUR's zoobreeders program and other environmental initiatives. The Domitila Private Wildlife Reserve is licensed through MARENA.
• ANIFODAhazardous waste managementImplementation/ SI/ Consulting PartnerANIFODA is the authorized company with environmental permission from MARENA that receives empty agrochemical containers as part of the Campo Limpio program for proper handling and elimination.
• Agricultural Service Providerstechnical trainingStrategic or Co-development PartnerOver 80 collaborators from field, laboratory, maintenance, agricultural production, workshops and harvest areas have traveled to Colombia for technical preparation and new knowledge to guarantee better job opportunities.

Scale indicators14 records

Recent moves12 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CASUR