Corporación Multi Inversiones

What Corporación Multi Inversiones does

Corporación Multi Inversiones (CMI) is a privately held, family-owned multilatina corporation founded in 1920 in San Cristóbal, Totonicapán, Guatemala, and now led by the third generation of the Gutiérrez Mayorga and Bosch Gutiérrez families. The company operates through two main business groupings: CMI Alimentos (food production, manufacturing, and restaurant operations) and CMI Capital (renewable energy generation and commercialization, real estate development and shopping malls, and financial services). As of recent disclosures, CMI employs more than 54,000 collaborators across 15+ countries spanning Central America, the Caribbean, North America (US and Mexico), South America (Ecuador and Colombia), and Europe (Spain), serving more than 280 million customers annually through the Pollo Campero brand alone.

CMI Alimentos' product portfolio spans wheat flour and corn flour mills plus industrial and family pre-mixes (Molinos Modernos, Del Comal, Milano, Hatuey, Guarina), pasta (Pasta INA, Cantonesa, AIS Bakery pre-mixes), cookies and crackers (Galletas Can Can, Galletas Dino, Hatuey), animal feed and pet nutrition (Aliansa, Rufo), and fresh, chilled, and frozen poultry and pork proteins (Pollo Rey, Pollo Campero, Toledo, Pollo Indio, Pronaca via La Estancia). Restaurant operations include Pollo Campero, Pollo Granjero, Don Pollo, Pollolandia, and La Siciliana. The 2024 acquisition of Del Real Foods added a US Hispanic prepared foods platform (tamales, carnitas, salsas, pupusas). CMI Capital encompasses renewable energy generation (Hidroeléctrica Renace in Guatemala, Mata de Palma 53 MW solar in the Dominican Republic, Fénix 1 and Fénix 2 in Guatemala, the Bósforo 10-plant 100 MW solar partnership with AES El Salvador, and additional wind and solar platforms), shopping malls and real estate development (Pradera shopping centers and Multi-Proyectos, with over 1 million square meters developed), and financial services (Valores CMI, ASEMSA, COFINSA). No proprietary AI/ML or software platform is explicitly disclosed; the digital stack referenced is the Coupa procurement platform managing 10,000+ suppliers.

Revenue mechanics combine one-time B2B and B2C sales of food products (flour, pasta, cookies, animal nutrition, fresh and frozen proteins), recurring energy generation and commercialization, real estate tenancy and sales, and subscription-style financial services to corporate clients. Go-to-market is primarily direct sales to distributors, retailers, and food service operators across Central America and the Caribbean, complemented by the Pollo Campero franchise and company-owned restaurant model (350+ locations across 7 countries, 150+ in the US as of 2026), the La Estancia investment platform providing distribution into Ecuador and Panama, and B2B energy and real estate sales forces. The corporation reinvests heavily: a USD $1.8 billion three-year investment plan was announced in 2022, a USD $700 million green bond (the largest by a Central American/Caribbean renewable energy company) plus a USD $300 million syndicated credit were placed in 2021, and a USD $40 million senior debt facility from Proparco and IDB Invest was added in December 2025. Nine food plants are certified carbon neutral (5 in Guatemala, 2 in Costa Rica, 2 in El Salvador) and laUcmi is the first Latin American corporate university to achieve LPI Gold Standard certification.

Name

Corporación Multi Inversiones

Legal name

Corporación Multi Inversiones

Website

https://somoscmi.com

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Corporación Multi Inversiones is a privately held Guatemalan family-owned multilatina corporation operating across 15+ countries through CMI Alimentos (food production and restaurants including Pollo Campero) and CMI Capital (renewable energy, real estate, financial services), employing 54,000+ people and serving 280 million consumers annually.

Ownership category

akta.pro rank

Headquarters

HQ city

Guatemala City

HQ country

Guatemala

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. CMI Alimentos - Food Production & Processing: Revenue from producing and commercializing flour (wheat and corn), semolina, industrial and family pre-mixes, pasta, sweet and salty cookies/crackers, animal feed (for livestock and pets), and fresh/chilled/frozen chicken and pork proteins across Central America and the Caribbean.
2. CMI Alimentos - Restaurant Operations: Revenue from quick-service and popular-format restaurant chains including Pollo Campero, Pollo Rey, Pollo Granjero, Pollo Indio, Don Pollo, Pollolandia, and La Siciliana. Pollo Campero operates company-owned and franchised locations across Guatemala, El Salvador, Honduras, USA, Mexico, Ecuador, and Spain.
3. CMI Capital - Renewable Energy Generation & Commercialization: Revenue from developing, executing, operating, and commercializing renewable energy projects (hydroelectric, solar, wind) across Central America and the Caribbean. CMI Capital is an Active Asset Manager of capital-intensive assets.
4. CMI Capital - Real Estate Development & Shopping Malls: Revenue from developing and operating shopping mall networks (Pradera Shopping Malls) and real estate projects for sale through Multi-Proyectos. Multi-Proyectos has developed over 1 million square meters of offices, shopping centers, and residential.
5. CMI Capital - Financial Services: Revenue from financial services provided to CMI group companies through financing, investment administration, and insurance services across commercial, industrial, agricultural, services, financial, individual, housing, energy, and construction sectors.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Corporación Multi Inversiones (CMI) is a family-owned multilatina corporation founded in 1920 in Guatemala, operating through two main business groupings: CMI Alimentos produces and commercializes flour, pasta, cookies, animal nutrition, and fresh/frozen poultry and pork proteins, and operates restaurant chains such as Pollo Campero; CMI Capital develops and operates renewable energy generation projects (hydroelectric, solar, wind), real estate developments and shopping malls (Pradera, Multi-Proyectos), and provides financial services. The company reaches consumers and businesses across more than 15 countries with over 54,000 employees and a portfolio of established regional brands.

Product overview

Corporación Multi Inversiones (CMI) is a family-owned multilatina corporation operating through two main business groupings: CMI Alimentos and CMI Capital. CMI Alimentos encompasses flour and premix mills (Molinos Modernos, Del Comal, Guarina, Hatuey, Milano), pasta and cookie production (Pasta INA, Cantonesa, Galletas Can Can, Galletas Dino), animal nutrition (Aliansa, Rufo), poultry and meat proteins (Pollo Rey, Pollo Campero, Toledo, Pollo Indio, Toledano), and restaurants (Pollolandia, Pollo Granjero, Don Pollo, La Siciliana), along with strategic investments in Pronaca. CMI Capital manages renewable energy generation (Hidroeléctrica Renace, Parque Solar Mata de Palma, Fénix plants), real estate development (Centros Comerciales Pradera, Multi-Proyectos), and financial services (Valores CMI, ASEMSA, COFINSA). The corporation operates across 15 countries in Latin America and the United States with over 54,000 employees.

Differentiator

Problem solved

Functional benefit

Brands

• Pollo Campero: Chicken restaurant chain with over 50 years leading the regional market, serving 280+ million customers annually in 7 countries (Guatemala, El Salvador, Honduras, USA, Mexico, Ecuador, Spain).
• Pollo Rey
• GAMA
• Centros Comerciales Pradera
• Multi-Proyectos
• Molinos Modernos
• Del Real Foods
• Toledo
• Pronaca
• CMI Energía
• laUcmi

Products and services

• Pollo Campero restaurant chain Chicken-focused quick-service restaurant brand operating 350+ locations in Guatemala, El Salvador, Honduras, the United States, Mexico, Ecuador, and Spain.
• Flour and pre-mix products (Molinos Modernos) Industrial and family flour and pre-mix portfolio under brands such as Molinos Modernos, Del Comal, Milano, Hatuey, and Guarina, serving bakeries, food manufacturers, and retail consumers.
• Poultry and meat proteins (Pollo Rey, Toledo, Pollo Indio) Fresh, chilled, and frozen chicken and pork proteins sold under multiple regional brands for retail and food service channels.
• Pasta, cookies, and consumer staples (Pasta INA, La Cantonesa, Galletas Can Can, Galletas Dino) Pasta, cookies/crackers, and prepared consumer staples distributed across Central America and the Caribbean.
• Animal nutrition products (Aliansa, Rufo) Animal feed and pet nutrition products supplied to livestock producers, pet owners, and food industry customers.
• Del Real Foods Hispanic prepared foods US Hispanic prepared foods including tamales, carnitas, salsas, and pupusas sold through retail and food service channels.
• Pronaca (Ecuadorian food processing stake) Ecuadorian poultry, pork, and animal feed processor held through CMI's La Estancia strategic investment platform.
• Toledano (Panamanian poultry operations) Leading Panamanian poultry company held through the La Estancia platform.
• AIS Bakery pre-mix formulations Flour pre-mixes, pastry creams, coatings, and fillings supplied to bakeries and food manufacturers, with operations in Colombia.
• Renewable energy generation (Hidroeléctrica Renace, Mata de Palma, Fénix solar plants) Hydroelectric, solar, and wind generation assets producing renewable electricity across Guatemala, Dominican Republic, and the wider region.
• Energy commercialization (Comercializadora de Energía) Energy trading and commercialization services selling renewable electricity to utilities and large commercial and industrial customers.
• Pradera shopping mall network Network of shopping malls operated by CMI Capital, leasing retail space to tenants and providing consumer destinations.
• Multi-Proyectos real estate development

Quantifiable outcome

• Over 280 million customers served annually by Pollo Campero alone
• +7 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered major, core and supporting.

• Grupo BiosmajorStrategic or Co-development Partner · 1 January 2026CMI Alimentos and Grupo Bios formed a strategic alliance to create a regional platform for premium pet nutrition development in Central America and the Caribbean. This partnership broadens CMI's portfolio into the high-growth pet nutrition category.
• JurimarcoreStrategic or Co-development Partner · 1 January 2023CMI and Jurimar jointly inaugurated a sustainable poultry farm in Guatemala with an investment of USD $14 million, strengthening the company's poultry production capacity in the country through a shared investment model.
• DaviviendasupportingStrategic or Co-development Partner · 1 January 2023CMI Alimentos partnered with Davivienda in El Salvador for environmental protection initiatives, aligning with CMI's sustainability and social responsibility programs in the region.
• CEDECAP Partners ( bakeries and pastry schools across the region)supportingStrategic or Co-development Partner · 1 January 2023CMI's Centro de Capacitación y Desarrollo (CEDECAP) partners with bakeries, pastry schools, and food entrepreneurs across Guatemala and the Dominican Republic to deliver training and promote entrepreneurship through the CMI Emprende program.
• INTECAPsupportingStrategic or Co-development Partner · 1 January 2023CMI partnered with INTECAP (Instituto Técnico de Capacitación y Productividad) for technical training programs delivered through laUcmi, CMI's corporate university, enabling hundreds of employees to earn technical certifications.
• AIS BakerysupportingStrategic or Co-development Partner · 1 January 2021CMI integrated AIS Bakery in 2022, expanding its portfolio of pre-mix formulations for flours, pastry creams, coatings, and fillings, and extending CMI's presence to Colombia with a new operational footprint.
• Toledano (La Estancia Platform)coreStrategic or Co-development Partner · 1 January 2019La Estancia, CMI's investment and strategic management platform co-managed with the Bakker families, made a significant investment in Toledano, a leading Panamanian poultry company. This extends CMI's protein business footprint to Panama.
• AES El SalvadormajorStrategic or Co-development Partner · 1 January 2018AES El Salvador and CMI co-invested $160 million in the Bósforo project, comprising 10 solar plants with 100 megawatts of generation capacity. This public-private partnership represents a major renewable energy infrastructure investment in the region.
• Pronaca (La Estancia Platform)coreStrategic or Co-development Partner · 1 January 2017Through La Estancia, CMI's strategic investment platform, the corporation acquired an equity stake in Pronaca, a leading Ecuadorian family food company specializing in poultry, pork, and animal feed production. This investment enabled CMI's expansion into the Ecuadorian market.

Scale indicators21 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Yum! Brands: US publicly-listed QSR franchisor of KFC, Pizza Hut, and Taco Bell; the closest publicly-traded analog to Pollo Campero's franchise-led multi-country expansion model.
• Pilgrim's Pride: US-listed global poultry processor and one of the largest chicken producers in the world; comparable to CMI's poultry protein operations (Pollo Rey, Toledano, Pronaca) in scale, vertical integration, and global brand positioning.
• Grupo Bimbo: Mexican global bakery company and the world's largest baker; competes with CMI's Molinos Modernos, Galletas Can Can/Dino, and Pasta INA in flour, cookies, and pasta across Latin America.
• Tyson Foods: US publicly-listed protein and food company producing chicken, beef, pork, and prepared foods; comparable to CMI's vertically integrated poultry operations and protein brand portfolio.

Regional players

• Grupo Lala: Mexican publicly-listed dairy and food company operating across Latin America, the US, and Central America; comparable as a regional branded food company with diversified product portfolio.
• Alsea: Mexican publicly-listed restaurant operator with brands including Domino's, Starbucks, Vips, and Burger King across Latin America and Europe; comparable as a multi-brand regional restaurant operator.

Direct peers

• Sigma Alimentos: Mexican multi-category food company (owned by ALFA) producing packaged meats, cheese, yogurt, and refrigerated foods across Latin America and Europe; directly comparable to CMI's protein and refrigerated product portfolio.
• Industrias Bachoco: Mexican publicly-listed poultry producer and one of the largest in Mexico; direct competitor to CMI's poultry protein operations in Mexico and broader Latin America.
• Arcos Dorados: Master franchisee of McDonald's across20 Latin American and Caribbean countries; the most direct comp to Pollo Campero as a Latin American regional QSR franchise operator.
• Grupo Nutresa: Colombian diversified packaged foods company with cold cuts, biscuits, pasta, ice cream, and chocolates across Latin America; competes with CMI in cookies, pasta, and processed proteins.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cmicorporacion
• Xx.com/CMICorporacion
• Facebookfacebook.com/CMICorporacion

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries18 records

Funding overview

Funding rounds1 record

Investors2 records

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

M&A1 record

Investments1 record

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

Frequently asked questions about Corporación Multi Inversiones