Agricorp
Agricorp is a Nicaraguan agroindustrial company that produces fortified rice, rice oil and salt under owned brands (Arroz Doña María, Arroz Faisán, Sal Atlántida) and distributes 20 categories of mass-consumption third-party brands (Maseca, Kimberly Clark, Arcor, Jumex) through 15,000-20,000 sales points nationwide.
- Company typePublic
- Founded2000
- HeadquartersManagua, Nicaragua
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Agricorp does
Agricorp (legal name Coorporación Agrícola S.A.) is a Nicaraguan publicly-listed agroindustrial company founded in May 2000 and headquartered in Managua. The company operates three divisions — Industrial, Commercial, and Logistics — producing its own rice, rice oil and fortified sea salt brands (Arroz Doña María, Arroz Faisán, Aceite de Arroz, Sal Atlántida) at 8 industrial plants including 5 rice processing centers certified in Good Manufacturing Practices since 2009, and distributing a portfolio of 20 product categories with 500-700 SKUs that includes third-party brands such as Maseca (Gruma), Kimberly Clark, Arcor, Jugos Jumex, Molinos Modernos (Can Can, Pastas INA, Gama), and Alen household care products. The Industrial Division uses Bühler and Satake processing equipment and Silo Bolsa hermetic storage technology, while the Logistics Division operates three CEDIS distribution centers (Managua, Occidente, San Isidro) and an Infor WMS implemented by Cerca Technology that delivered a 107% gain in picking operations and 99.9% inventory accuracy on existing resources.
Agricorp monetizes through two complementary streams: (1) manufacturing and sale of its own branded rice, rice oil and salt products, and (2) distribution of third-party mass-consumption brands across Nicaragua under exclusive or channel-partner arrangements. Go-to-market is sales-led via category managers, coordinators, supervisors and field vendors who service Detallistas, Mayoristas, Supermercados, Panaderías, Pastelerías and Mercadeo channels on weekly, biweekly or monthly supply cycles, reaching roughly 15,000-20,000 sales points nationwide. The company also operates a Baking Center as a service platform providing technical innovation support to bakery customers, and runs the P.A.P.A. program that has benefited 17,000 national rice producers with technical assistance, financing and quality incentives to stabilize upstream supply. Agricorp has been listed on the Bolsa de Valores de Nicaragua since 2013 as the first non-financial issuer, has issued recurring public bond series through 2025, and pays dividends for over 11 years; consolidated as the leader in production and distribution of basic and mass-consumption foods in Nicaragua, with 501-1000 employees and a single-country (Nicaragua) operating footprint plus a Costa Rican subsidiary (CACSA) acquired in 2007.
Agricorp firmographics
Firmographics- Name
- Agricorp
- Legal name
- Coorporación Agricola S.A.
- Website
- https://agricorp.com.ni
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Agricorp is a Nicaraguan agroindustrial company that produces fortified rice, rice oil and salt under owned brands (Arroz Doña María, Arroz Faisán, Sal Atlántida) and distributes 20 categories of mass-consumption third-party brands (Maseca, Kimberly Clark, Arcor, Jumex) through 15,000-20,000 sales points nationwide.
- Ownership category
- akta.pro rank
Where Agricorp is headquartered
LocationHeadquarters
- HQ city
- Managua
- HQ country
- Nicaragua
- HQ region
- Latin America
Offices9 records
Markets served
Agricorp business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Rice Production and Manufacturing: Agricorp transforms raw rice (granza) from agricultural producers into finished products for human consumption through its Industrial Division with 3 rice processing centers certified in Good Manufacturing Practices since 2009.
- Distribution and Commercialization: Commercialization of rice and wide range of basic food products and mass consumption products for families through 15,000+ sales points including retailers, wholesalers, supermarkets, bakeries and convenience stores.
- Brand Distribution Partnerships: Distribution of third-party brands including Arroz El Faisán, Harina Gemina, Harina de maíz Maseca, Kimberly Clark products, Sal Atlántida, Arcor confections, and Jugos Jumex through its logistics network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | B2B distribution pricing for retail, wholesale, supermarket and bakery channels |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels5 records
Agricorp product offering
Product offeringCore offering
Agricorp produces and distributes its own manufactured rice brands (Arroz Doña María, Arroz Faisán), rice oil (Aceite de Arroz) and fortified sea salt (Sal Atlántida), and distributes a diversified portfolio of third-party mass consumption brands (Maseca, Harina Gemina, Can Can, ARCOR, Kimberly Clark, Jumex, Alen and others) to more than 15,000–20,000 points of sale across Nicaragua through its Industrial, Commercial, Logistics and Baking Center divisions.
Product overview
Agricorp is a diversified agroindustrial company with three main operational divisions: Industrial Division (8 plants, 5 rice processing centers producing rice, salt, and eggs), Commercial Division (distributing rice and mass consumer goods to 15,000+ points of sale), and Logistics Division (managing 3 distribution centers). The company produces its own core brands including Arroz Doña María, Arroz Faisán, Aceite de Arroz, and Sal Atlántida. It distributes a diversified portfolio of third-party brands including Maseca, Tortimasa, Tortiricas, Harina Gemina, Can Can, Pastas INA, Gama, Jugos Ya, Aurora (tuna and sardines), TONNINO Atún Gourmet, Arcor products, Ascan/Kan Kan (pet food), Kimberly Clark products, and Alen products (Pinol, Ensueño, Cloralex). The Baking Center provides innovation support for bakery and pastry applications.
Differentiator
Problem solved
Functional benefit
Brands
- Arroz Doña María: Rice brand
- Arroz Faisán
- Sal Atlántida
- Aceite de Arroz
- Harina Gemina
- Harina de maíz Maseca
Quantifiable outcome
- 107% increase in picking operations (2021 vs 2023) after WMS implementation
- +5 more outcomes
Companies that use Agricorp
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles5 records
Agricorp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature3 records
Agricorp partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Cerca TechnologycoreImplementation of Infor WMS warehouse management system by Cerca Technology, achieving 107% increase in picking operations, 99.9% inventory accuracy, 15% service level improvement and 25% delivery improvement. Solution includes Labor Management and Billing capabilities.
- Alen (Mexico)minorAdded home care products from Mexican company Alen with brands: Pinol, Ensueño and Cloralex.
- Molinos ModernoscoreAdded products from Molinos Modernos company including flour, biscuits and pastas with recognized brands: Can Can, Pastas INA, Gama.
- ArcorcoreIncorporated recognized brands including Arcor, Bon o Bon, and other products like coffee, sugar, tuna, oil and dog food with brands Ascan and Kan Kan.
- Jugos JumexminorAdded Jugos Mexicanos (Jumex juices) in September 2008, recognized for quality and nutritional values.
- NICASAL (Cooperativa de Salineros)minorAgricorp supported traditional salt producers in creating NICASAL cooperative which produces clean, fortified dry sea salt with micronutrients fluoride and iodine under health ministry and WHO standards. Agricorp commercializes Sal Atlántida brand.
- CACSA (Sociedad Arrocera Costarricense)coreAgricorp acquired the Costa Rican rice company CACSA, expanding regional presence in the rice sector.
- GrumacoreAdded to distribution portfolio the products of Gruma company with brands: Maseca, Tortimasa and Tortiricas. This was incorporated following the DR-CAFTA agreement.
- INA (Industrias Nacionales Alimentarias)coreAGR ACORP fusionó con la empresa INA en 2003, diversificándose con wheat flour under the Gemina brand. This merger expanded Agricorp's product portfolio to include wheat-based products.
- Kimberly ClarkcoreDiversified portfolio incorporating Kimberly Clark product lines with a selection of personal care products for Nicaraguan families.
- BühlercoreLatest generation processing equipment provider for rice mills at three Industrial Centers.
- SatakecoreLatest generation processing equipment provider for rice processing facilities.
Scale indicators14 records
Recent moves16 records
Expansion highlights5 records
Agricorp competitors and assessment
Company assessmentBroad incumbents
- Herdez: Mexican shelf-stable food CPG (sauces, canned vegetables, rice, condiments) with strong Central American retail presence — directly comparable in product format (shelf-stable staples) and mass-market distribution model.
- Grupo Bimbo: Global baked-goods CPG leader with deep Central American distribution and a network of bakeries serving small retailers, comparable in scale and last-mile reach to Agricorp's Baking Center and bakery-channel distribution.
- Arcor: Argentine food and confectionery multinational whose brands (Arcor, Bon o Bon) Agricorp distributes in Nicaragua. Comparable as a Latin American CPG manufacturer and a key principal in Agricorp's distribution portfolio.
- Grupo Lala: Latin American dairy and processed-foods CPG with extensive distribution to traditional and modern trade across Central America — comparable channel mix (pulperías, supermarkets, wholesalers) and route-to-market approach.
- Nestlé Centroamérica: Global packaged-foods multinational with deep Central American presence across rice, dairy, and basic-foods categories; benchmark for the multinational CPG scale and distribution depth Agricorp competes with and complements in the same Nicaraguan shelves.
- Cargill (Food Latin America): Global agribusiness and food-ingredient player with rice, grain, and food distribution operations across Latin America, including rice origination in Central America — comparable to Agricorp's grain sourcing and industrial milling footprint.
Direct peers
- Molinos Modernos: Central American flour, biscuit, and pasta manufacturer whose Can Can, Pastas INA, and Gama brands are distributed by Agricorp. Direct peer in flour-and-staples milling and Central American grocery distribution.
- Industrias del Maíz: Central American corn- and grain-based food manufacturer with regional distribution — a direct peer in grain-based processed food manufacturing and Central American retail/wholesale distribution.
- Grupo Gruma: Mexican multinational corn flour and tortilla producer whose Maseca, Tortimasa, and Tortiricas brands are distributed by Agricorp in Nicaragua. Operates the same integrated manufacturing-plus-Central-American-distribution model that Agricorp runs, and is a direct competitive presence in the same Nicaraguan retail aisles.
Others
- Kimberly-Clark Latin America: Global personal-care CPG whose products Agricorp distributes in Nicaragua; comparable as a principal supplier within Agricorp's mass-consumer-goods distribution portfolio and a benchmark for the kind of multinational brand Agricorp partners with.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Agricorp social profiles
Digital presenceAgricorp compliance and trust
Trust signalCompliance5 records
Agricorp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agricorp leadership team
Management profileNumber of profiles
Profiles2 records
Agricorp subsidiaries and ownership
Company hierarchySubsidiaries1 record
Agricorp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agricorp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agricorp
What does Agricorp do?
Agricorp produces and distributes its own manufactured rice brands (Arroz Doña María, Arroz Faisán), rice oil (Aceite de Arroz) and fortified sea salt (Sal Atlántida), and distributes a diversified portfolio of third-party mass consumption brands (Maseca, Harina Gemina, Can Can, ARCOR, Kimberly Clark, Jumex, Alen and others) to more than 15,000–20,000 points of sale across Nicaragua through its Industrial, Commercial, Logistics and Baking Center divisions.
Is Agricorp a public or private company?
Agricorp is a public company. It is classified as public and is currently operating.
When was Agricorp founded?
Agricorp was founded in 2000. It employs 501 to 1,000 people.
Where is Agricorp based?
Agricorp is headquartered in Managua, Nicaragua, in the Latin America region.
How does Agricorp make money?
Three revenue lines are on record. Rice Production and Manufacturing is the primary driver. The others are distribution and Commercialization and brand Distribution Partnerships.
Who are Agricorp's main competitors?
Broad incumbents on record are Herdez, Grupo Bimbo, Arcor, Grupo Lala, Nestlé Centroamérica and Cargill (Food Latin America). Direct peers are Molinos Modernos, Industrias del Maíz and Grupo Gruma. Kimberly-Clark Latin America is listed as an others.
Does Agricorp have an API?
No public API is recorded for Agricorp.