CICLO

What CICLO does

CICLO CORPORATIVO S.A. de C.V. is a privately held Mexican diversified conglomerate founded in 2008 and headquartered in Mérida, Yucatán, operating across six sectors through ten wholly-owned subsidiaries. The company serves government entities (municipal, state, federal), enterprises, and society across southeast, central, and western Mexico, with select international manufacturing exports. CICLO AMBIENTAL provides municipal, industrial, and hazardous waste management services through SANA, SAU, H2PRO, and ECOLSUR, with technologies including sanitary landfills, biodigesters, wastewater treatment plants, and the FIRSU waste-to-energy technique. CICLO OIL & GAS operates maritime shipping for the Gulf of Mexico petroleum industry via ULTRAMARINE, providing personnel transport, DP1 vessels with FIFI1 firefighting, and offshore support. CICLO SOLUCIONES DE LOGÍSTICA runs the Chichén Itzá International Airport (AICZA) with 2.8 km runway and 500,000 passenger/year capacity. CICLO SERVICIOS TURÍSTICOS E INMOBILIARIOS develops the 2,000-hectare $500M Destino Turístico Chichén Itzá project, the LEED-certified MID Center mixed-use development, and operates the 135-room Crowne Plaza Mérida hotel. CICLO MANUFACTURA (Mattera) produces 200,000+ m2 of wood flooring annually for Canadian and US customers. CICLO TECNOLOGÍA (Smartlite) installs digital and telecommunications infrastructure. Revenue mechanics are professional services and managed services contracts with government and enterprise clients, supplemented by hardware sales (manufacturing), hospitality operations, and asset-heavy infrastructure concessions. Pricing is not publicly disclosed; all services are delivered through custom enterprise contracts. The company generates revenue through ten operating subsidiaries, with José A. Loret de Mola Gómory serving as Director General of CICLO DESARROLLOS, which received PRIME Nivel II Estrellas corporate governance certification in November 2023.

Name

CICLO

Legal name

CICLO CORPORATIVO S.A. DE C.V.

Website

https://ciclocorp.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

CICLO is a privately held Mexican diversified conglomerate, founded in 2008 and headquartered in Mérida, Yucatán. It serves government, enterprise, and tourism customers via ten subsidiaries spanning environmental services, oil & gas maritime, airport logistics, tourism real estate, wood manufacturing, and digital infrastructure.

Ownership category

akta.pro rank

Headquarters

HQ city

Mérida, Yucatán

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Environmental Services: Solid and liquid waste management services at municipal, state and federal levels. Includes waste collection, transport, separation, recovery, and final disposal. Services provided by subsidiaries ECOLSUR, SANA, SAU, and H2PRO.
2. Tourism and Hospitality: Development and operation of tourism destinations, hotels (Crowne Plaza Mérida, Destino Chichén Itzá), real estate developments (MID Center LEED-certified mixed-use), and tourism infrastructure.
3. Airport and Logistics Operations: Operation and administration of Chichén Itzá International Airport including passenger services, cargo operations, pharmaceutical hub, FBO private aviation, MRO services, and industrial park.
4. Oil & Gas Maritime Services: Shipping operators in the Gulf of Mexico petroleum industry providing personnel and material transport, accommodation, food services, construction support, crude oil transport vessels, DP1 support vessels with FIFI1 firefighting systems, vessel rental/sale/administration, marine traffic agency, and maritime project development (Ultramarine).
5. Real Estate Development: Mixed-use real estate developments including LEED-certified office buildings, commercial centers, business-class hotels, and residential zones.
6. Wood Manufacturing (Mattera): Class-world wood flooring manufacturing with annual production capacity exceeding 200,000 m2. Services include wood drying/kiln drying, deck and solid floor milling/contract manufacturing. Primary customers in Canada and USA.
7. Telecommunications and Technology: Digital infrastructure installation, app development, video games, cultural digital content, and commercial/social data analysis through SmartLite subsidiary.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

CICLO is a diversified Mexican conglomerate that delivers multi-sector services through wholly owned subsidiaries across environmental management (municipal and industrial waste collection, treatment, disposal, wastewater), maritime oil-and-gas support, airport and intermodal logistics operations, tourism destination and real estate development (including a Crowne Plaza hotel and LEED-certified mixed-use complex), wood flooring manufacturing, and digital infrastructure deployment. Its core activity is operating service contracts for governments and enterprises in Mexico, complemented by capital-intensive infrastructure and tourism projects such as the Destino Turístico Chichén Itzá development.

Product overview

CICLO CORPORATIVO S.A. de C.V. is a diversified Mexican conglomerate operating since 2008 with multiple subsidiary brands across six sectors: CICLO AMBIENTAL (environmental solutions via SANA, SAU, H2PRO, ECOLSUR), CICLO OIL & GAS (maritime petroleum services via ULTRAMARINE), CICLO LOGISTICA (airport and logistics operations via AICZA), CICLO TURISTICO (real estate and hospitality via MID Center and Crowne Plaza Merida), CICLO MANUFACTURA (wood flooring via MATTERA), and CICLO TECNOLOGIA (digital infrastructure via Smartlite). The portfolio includes major development projects such as Destino Turistico Chichen Itza ($500M tourism destination) and an Intermodal Logistics Platform. The company operates as a multi-brand platform rather than a single unified product, with each subsidiary functioning as an independent operating entity under the CICLO corporate umbrella.

Differentiator

Problem solved

Functional benefit

Brands

• Smartlite: Smart infrastructure for digitalization of economy and public services, including digital infrastructure installation, app and video game development, and commercial/social data analysis.
• Mattera
• AICZA
• MID Center
• Crowne Plaza Mérida
• Ecolsur
• Sana
• SAU (Servicios Ambientales Urbanos)
• H2PRO
• Ultramarine

Products and services

• SANA - Municipal Environmental Services

Quantifiable outcome

• Airport capacity: 500,000 passengers/year
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• AMEK GroupcoreStrategic or Co-development Partner · 27 November 2023AMEK Group is a Miami-based hotel group with hotels in operation in the United States, Mexico, and Latin America. Announced as an ally for the development, management, and operation of Destino Chichén, the flagship project of CICLO DESARROLLOS. Partnership was announced during PRIME certification reception ceremony.
• Majestic HospitalitycoreStrategic or Co-development Partner · 27 November 2023California-based hospitality design and planning firm announced as an ally for the development, management, and operation of Destino Chichén project. Partnership was announced during PRIME certification reception ceremony alongside AMEK Group.
• Greg Norman Golf Course Design / The Greg Norman CompanycoreStrategic or Co-development Partner · 18 November 2021Alliance announced at Tianguis Turístico 2021 in Mérida between Greg Norman Golf Course Design (part of The Greg Norman Company, USA) and CICLO for the development of the Destino Turístico Chichén Itzá. The partnership aims to create a world-class tourism destination with hotel services and entertainment spaces, including the first signature golf course in an archaeological zone designed by Greg Norman.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Promotora Ambiental (PASA): Mexico's largest solid waste management company, providing municipal and industrial waste collection, transportation, and final disposal services. Directly comparable to CICLO AMBIENTAL's SANA, SAU, ECOLSUR, and H2PRO subsidiaries in market and service offering.
• Tidewater Inc. Largest pure-play offshore support vessel (OSV) operator globally, serving shallow and deep-water oil & gas customers. Directly comparable to ULTRAMARINE's Gulf of Mexico DP1 support vessels and crude oil transport operations.
• Grupo Vidanta: Mexico's largest privately-held luxury resort and tourism destination developer, operating integrated resorts with hotels, golf, and entertainment across multiple Mexican destinations. Directly comparable to CICLO's Destino Turístico Chichén Itzá development model.
• Grupo Posadas: Mexico's largest hotel operator with Fiesta Americana, Live Aqua, IHG-franchised, and resort brands across Mexico and Latin America. Directly comparable to Crowne Plaza Mérida and the planned hotels in Destino Turístico Chichén Itzá.
• Grupo Aeroportuario del Pacífico (GAP): Operates 12+ airports across western and central Mexico including major tourism gateways. Directly comparable to AICZA as a publicly-traded Mexican airport operator with similar commercial, cargo, and FBO service offerings.
• Grupo Xcaret: Major Mexican eco-tourism destination operator in the Riviera Maya with integrated hotels, nature parks, and cultural experiences. Comparable to CICLO's Destino Chichén Itzá in scale and integrated tourism-park-plus-hotel concept in southeast Mexico.
• Grupo Aeroportuario del Sureste (ASUR): Operates Cancún International Airport and other airports across southeastern Mexico, the same region as CICLO's AICZA. Directly comparable airport operator with similar passenger services, cargo, and tourism-driven traffic profile.

Broad incumbents

• Stericycle: US-headquartered multinational in medical and hazardous waste management. Broad incumbent comparable to ECOLSUR's industrial and dangerous waste collection business, but operates globally rather than as a Mexican-focused specialist.
• Veolia México: Multinational environmental services provider with major water and waste management operations across Mexico. Broad incumbent with overlapping capabilities in waste, water treatment, and environmental services that competes with CICLO AMBIENTAL but as part of a global portfolio rather than a specialized Mexican operator.

Emerging players

• Hoteles City Express: Mexican limited-service business-class hotel chain with broad national footprint. Comparable to MID Center's 136-room business-class hotel component and the 3-4 star hotel segment planned for Destino Chichén, though smaller-scale and brand-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ciclo-corporativo
• Facebookfacebook.com/Ciclocorporativo

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries10 records

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 CICLO