Puga, Mujica Associates

What Puga, Mujica Associates does

Puga, Mujica Asociados S.A. (PUMA) is a Chilean industrial engineering and construction firm founded in 1982 by engineers José Puga and Carlos Mujica, headquartered in Las Condes, Santiago. The company delivers full-cycle EPC (Engineering, Procurement, Construction) projects under flexible contractual modalities — EPC, Suma Alzada (lump sum), Precios Unitarios (unit prices), and Administración Delegada (delegated management) — across mining, energy (including geothermal and biomass), forestry, food processing, sulfuric acid infrastructure, and maritime works. Its operational range spans Chile from Tierra del Fuego to Andean sites at 4,600 meters above sea level, with regional office and warehouse in Antofagasta supporting northern industrial work. Notable clients include Codelco, SQM, Enel Green Power, Minera Centinela, Sierra Gorda SCM, Gold Fields, Compañía Minera del Pacífico, AES Gener, CMPC, Nestlé Chile, and Watt's.

PUMA's service portfolio covers conceptual, basic, and detail engineering; equipment procurement; civil works; mechanical assembly and piping; electrical assembly and instrumentation; start-up support; industrial demolitions; and maritime works (pile driving, dock construction). An in-house engineering department produces roughly 150,000 engineering man-hours per year in cooperation with strategic partners, interacting daily with on-site construction operations to shorten timelines and improve constructability. Wholly-owned subsidiary ICOFEL (Ingeniería, Comercialización y Fabricaciones Eléctricas S.A.) designs and manufactures modular power chambers, motor control centers, and power boards. PUMA has executed more than 300 projects for over 100 clients, with 4 million construction man-hours contracted across its portfolio and individual mega-projects such as the 600,000-man-hour Cerro Pabellón 50 MW geothermal plant. The company is privately held and controlled by the founding Puga family, with Cristián Puga Matte as General Manager, Francisco Puga Matte as Chairman of the Board, and 1,001–5,000 employees.

Revenue is generated primarily through multi-year project contracts billed against engineering, procurement, and construction milestones, with pricing not publicly disclosed and tailored to client risk preferences. Distribution is direct-enterprise: PUMA pursues projects through competitive bidding, direct invitations, and relationship-based referrals with major Chilean and international corporations operating in Chile, without reseller or distributor intermediaries.

Name

Puga, Mujica Associates

Legal name

Puga, Mujica Asociados S.A.

Website

https://pugamujica.cl

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Puga, Mujica Asociados S.A. (PUMA) is a Chilean EPC industrial engineering and construction firm founded in 1982, serving mining, energy, forestry, food, and maritime clients across Chile with in-house engineering, mechanical and electrical assembly, civil works, and start-up services.

Ownership category

akta.pro rank

Product category

Industrial Engineering and Construction

NAICS

Engineering Services (541330)

SIC

General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout) (IMAKAOAE)

akta.pro secondary industries

Combined Cycle & Cogeneration (CHP) EPC (EUAEAAAB), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• Industrial EPC services
• Mining construction
• Energy infrastructure
• Civil works construction
• Mechanical assembly piping

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Construction Services: Full-cycle industrial project delivery from conceptual engineering through construction completion, including procurement, civil works, mechanical assembly, electrical installation, and start-up support. Revenue generated through various contractual structures including EPC (Engineering, Procurement, Construction), Suma Alzada (lump sum fixed price), Precios Unitarios (unit price), and Administración Delegada (delegated management) arrangements. Focus on optimization of CAPEX and OPEX for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PUMA delivers full-cycle industrial EPC (Engineering, Procurement, Construction) services from conceptual engineering through construction completion and start-up support for large enterprise clients in mining, energy, forestry, food, and maritime sectors across Chile. The company offers flexible contractual modalities including EPC, lump sum (Suma Alzada), unit price (Precios Unitarios), and delegated management (Administración Delegada), supported by an in-house engineering department and its subsidiary ICOFEL for specialized electrical equipment.

Product overview

Puga, Mujica Asociados S.A. (PUMA) is a Chilean engineering and construction company offering comprehensive EPC (Engineering, Procurement, Construction) services for industrial projects. The company's service portfolio includes Conceptual/Basic/Detail Engineering, Equipment Procurement, Civil Works Construction, Mechanical Assembly and Piping, Electrical Assembly and Instrumentation, Start-up Support, Industrial Demolitions, and Maritime Works. PUMA operates across diverse sectors including Mining, Energy (including geothermal), Forestry, Food Processing, Maritime, and Environmental industries. The company has its own in-house engineering department and maintains strategic alliances with technology partners to deliver complete turnkey solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Instinto PUMA (PUMA Instinct): Internal employee wellness and safety campaign promoting health, safety, motivation and work environment across all work sites

Products and services

• Conceptual, Basic and Detail Engineering In-house engineering service covering conceptual design, basic engineering, and detailed engineering for industrial projects, supporting constructibility optimization and project timeline reduction. The engineering department and strategic partners develop designs totaling 150,000 engineering man-hours per year across civil, structural, mechanical, piping, electrical, instrumentation, and architecture disciplines.
• Equipment Procurement Sourcing and procurement of equipment for industrial construction projects, integrated within EPC delivery to optimize CAPEX and OPEX for clients.
• Civil Works Construction Execution of earth movements, foundations, storage tanks, tunnels, thickener devices, and reinforced concrete buildings for industrial facilities across mining, energy, and other sectors.
• Mechanical Assembly and Piping Specialized industrial mechanical assembly and piping installation for mining, energy, cellulose, ports, and food processing sectors, including crushing, filtering, floating, and conveying systems.
• Electrical Assembly and Instrumentation High, medium, and low voltage electrical assembly, PLC/DCS automatic control systems, fieldbus and industrial communications, substations, and power distribution systems for industrial projects.
• Start-up Support Commissioning and start-up support services for industrial projects from conceptual design through operations initiation, completing the full project delivery cycle.
• Industrial Demolitions Dismantling with material reuse and mass demolition services using Cut-Pull systems with shears and grapples on excavators, including special explosive demolition for metal structures.
• Maritime Works Pile driving, dock construction, and maritime works for solid and liquid bulk industry conveyance, including specialized portuary construction teams for bulk material handling.

Quantifiable outcome

• 150,000 engineering man-hours per year capacity
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ICOFEL (Ingeniería, Comercialización y Fabricaciones Eléctricas S.A.)coreStrategic or Co-development PartnerICOFEL is a subsidiary of PUMA S.A. providing specialized electrical equipment design and manufacturing services. Located in Santiago, ICOFEL offers solutions for the design and manufacture of modular power chambers, integration of motor control centers, power boards, and other electrical equipment with high quality and integration of world-renowned components.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Ausenco: Ausenco is a global engineering and consulting firm specialized in mining and metals processing plant EPC delivery. Direct overlap with PUMA's mining process plant and materials handling EPC work (concentrate handling, thickeners, processing facilities).
• Fluor Corporation: Fluor is a global Tier-1 EPC firm with significant mining, energy, and industrial project execution. Competes with PUMA on large mining capex projects in Chile and Latin America, typically at the upper end of project scale where PUMA may act as subcontractor.
• Hatch: Hatch is a global engineering and project delivery firm specialized in mining, metals, and energy. Comparable EPC + engineering + construction management offering to PUMA, focused on the same mining client base in Latin America and globally.
• AtkinsRéalis (formerly SNC-Lavalin): AtkinsRéalis is a global engineering services and nuclear/industrial EPC firm with mining and energy exposure in Latin America. Comparable multi-discipline EPC + engineering services model to PUMA, though at significantly larger scale.
• Sigdo Koppers (SK): Sigdo Koppers is a Chilean industrial conglomerate with engineering services, construction, and equipment distribution subsidiaries serving mining, energy, and industrial clients. Larger and more diversified than PUMA, but operates in overlapping EPC and industrial services segments in Chile.
• Worley: Worley is a global energy, chemicals, and resources EPCM contractor with significant Latin American operations serving mining and energy clients. Comparable EPC delivery model to PUMA for power generation, mining, and energy transition projects.
• Techint Engineering & Construction: Techint E&C is a Latin American-headquartered global EPC contractor with active mining, energy, and industrial projects across Chile, Argentina, and Peru. Competes with PUMA on large industrial and mining EPC packages in the Andean region.

Direct peers

• SalfaCorp: SalfaCorp is Chile's largest domestic construction and engineering group, with a dedicated Industrial & Mining division executing EPC, civil works, mechanical assembly, and electrical works for mining, energy, and industrial clients. Closest directly comparable Chilean EPC competitor with overlapping client base (Codelco, major miners) and similar contracting models.
• Ingetrol: Ingetrol is a Chilean-based industrial services and EPC firm serving mining and energy clients with mechanical, electrical, and instrumentation capabilities. Closely comparable in scope and scale to PUMA within the Chilean industrial EPC market.
• Besalco: Besalco is a Chilean construction and engineering firm with a strong industrial EPC practice serving mining, energy, and infrastructure clients. Comparable to PUMA in scope of in-house engineering, civil-mechanical-electrical execution, and Chilean operating footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/puga-mujica-asociados

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Puga, Mujica Associates