DICOMA S.A

What DICOMA S.A does

DICOMA S.A. is a privately held Costa Rican-domiciled corporation (founded 1994) that operates as an integrated single-source provider of construction, industrial refrigeration, heavy machinery, design, and solar energy services across 10 Latin American and Caribbean countries. The company organizes its operations through five wholly-owned subsidiaries: SOLID (project design and planning), Dicoma Maquinaria (heavy equipment fleet rental, operation, and maintenance), Dicoma Construcción (civil and industrial works for retail, industry, and infrastructure), Dicoma Refrigeración (industrial and commercial cold rooms, processing plants, and 24/7 cold chain support for food, pharmaceutical, and retail clients), and SEL Energías Limpias (solar photovoltaic system design, installation, and maintenance).

The underlying technology platform is an integrated project delivery model rather than a software product: it combines design services, a modern heavy equipment fleet, civil/industrial construction execution, industrial refrigeration engineering, and renewable energy installation under one corporate umbrella, enabling clients to consolidate 5+ vendor relationships. Reported cumulative scale metrics include 670 km² of construction area completed, 11.3 kilotons of refrigeration capacity delivered, 541 km² of earth movement, 800 km³ of consulting services, 80 MWp of installed solar capacity, and 130+ executed projects. The company's go-to-market is sales-led through 7+ regional offices across Costa Rica, Guatemala, Mexico, El Salvador, Honduras, Nicaragua, and Panama, with named enterprise clients including Cargill, Walmart, McDonald's, Dos Pinos, KFC, Kellogg's, Nestlé, and Pizza Hut.

DICOMA's revenue model is predominantly project-based and quote-based: revenue streams consist of one-time construction contracts, hardware sales (refrigeration systems, solar photovoltaic systems, heavy machinery), and professional services (design and planning via SOLID). Pricing is not publicly disclosed and is negotiated per project. Marketing relies on direct enterprise sales, regional office presence, client referrals from the major-brand client base, and corporate website showcasing. The company holds three consecutive Great Place to Work certifications (2023-2025) in Guatemala and an overall corporate certification in 2025, with no disclosed external institutional investors, parent company, or public listing.

Name

DICOMA S.A

Legal name

DICOMA S.A.

Website

https://dicomacr.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1–10 employees

Short description

DICOMA S.A. is a Costa Rica-based industrial services conglomerate operating across 10 Latin American and Caribbean countries through five subsidiaries—providing integrated construction, industrial refrigeration, heavy machinery rental, design, and solar energy services to multinational enterprise clients including Walmart, Nestlé, McDonald's, and Cargill.

Ownership category

akta.pro rank

Headquarters

HQ city

San José

HQ country

Costa Rica

HQ region

Latin America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Construction Services: Civil and industrial construction projects including retail, infrastructure, and commercial building execution. Projects are delivered as one-time engagements with significant contract values.
2. Equipment Rental and Operation: Rental, operation, and maintenance of heavy machinery and equipment for construction, earthmoving, and industrial projects across the region.
3. Refrigeration Systems: Industrial and commercial refrigeration systems including cold rooms, processing plants, and cold chain solutions. Includes 24/7 maintenance and operational support services.
4. Solar Energy Systems: Design, installation, and maintenance of solar photovoltaic systems for businesses and industries, providing renewable energy solutions.
5. Design and Planning Services: Project design and planning services through SOLID subsidiary, converting concepts into viable projects with technical and financial feasibility.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

DICOMA S.A. is an integrated industrial services corporation operating across Latin America and the Caribbean through five subsidiaries: SOLID (project design and planning), Dicoma Construcción (civil and industrial construction), Dicoma Maquinaria (heavy equipment rental, operation, and maintenance), Dicoma Refrigeración (industrial refrigeration systems and cold chain solutions), and SEL Energías Limpias (solar photovoltaic system design, installation, and maintenance). The company delivers end-to-end project execution as a single-source provider to enterprise clients in retail, food, pharmaceutical, and industrial sectors.

Product overview

DICOMA is a diversified construction and industrial services corporation operating as an integrated service provider. The company offers five distinct but complementary business units: DICOMA Construcción handles civil and industrial construction works; DICOMA Refrigeración provides industrial and commercial refrigeration systems; DICOMA Maquinaria supplies heavy equipment rental and operation services; SEL Energías Limpias delivers solar photovoltaic system design, installation, and maintenance; and SOLID provides design and planning services. This integrated model allows clients to consolidate multiple service providers into a single regional partner, with each subsidiary contributing to the group's capabilities across construction, refrigeration, machinery, and renewable energy sectors.

Differentiator

Problem solved

Functional benefit

Brands

• SOLID: Empresa de diseño y planificación del grupo DICOMA. Especializa en convertir conceptos en proyectos viables combinando creatividad con viabilidad técnica y financiera.
• Dicoma Maquinaria
• Dicoma Construcción
• Dicoma Refrigeración
• SEL: Energías Limpias (Soluciones en Energía Limpia)

Products and services

• DICOMA Construcción Execution of civil and industrial construction works, including retail, industrial, and infrastructure projects for enterprise clients across Central America and Mexico.
• DICOMA Refrigeración Industrial and commercial refrigeration systems including cold rooms and complete processing plants with 24/7 operational support, ensuring cold chain preservation for food, pharmaceutical, and retail industries.
• DICOMA Maquinaria Rental, operation, and maintenance of heavy machinery and specialized equipment for construction, earthmoving, and industrial projects across the region, supported by a modern fleet and expert operators.
• SEL Energías Limpias (Soluciones en Energía Limpia) Design, installation, and maintenance of solar photovoltaic systems for commercial and industrial clients, reducing carbon footprint while optimizing energy costs.
• SOLID Project design and planning services converting concepts into viable projects through multidisciplinary teams that combine creativity with technical and financial feasibility, from conception to materialization.

Quantifiable outcome

• Single point of contact vs 5+ vendors
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Gransolar Group: Spanish solar EPC with operations across Latin America designing and installing utility-scale and commercial photovoltaic systems. Closest direct competitor to DICOMA's SEL Energías Limpias division in the regional solar EPC market.
• Constructora Meco: Costa Rica's largest construction contractor, with comparable civil works, infrastructure, and road-building capabilities across Central America. Most direct competitor to DICOMA Construcción in the Costa Rican and regional market.
• Aldesa Group: Spanish EPC group with significant Central American and Latin American operations in construction, infrastructure, and renewable energy. Closely comparable integrated project delivery model and regional footprint.

Broad incumbents

• Acciona Energía: Global renewable energy developer and IPP with significant Latin American wind and solar project pipeline. Comparable to SEL Energías Limpias's solar development capabilities, though at much larger scale and as a developer/owner rather than pure EPC.
• ACS Group (Actividades de Construcción y Servicios): Spanish global infrastructure conglomerate with construction, concessions, and industrial services across Latin America. Comparable diversified project services and regional presence, though at substantially larger scale.
• Carrier Global Corporation: Global leader in HVAC and commercial/industrial refrigeration equipment. Direct overlap with DICOMA Refrigeración's cold storage and cold chain systems, though operating at vastly greater scale and as a manufacturer rather than local EPC.
• Fluor Corporation: Global EPC firm delivering large industrial, infrastructure, and energy projects. Comparable integrated project delivery model to DICOMA, though operating globally and primarily at mega-project scale rather than regional mid-market.
• Johnson Controls International: Global provider of HVAC, building automation, and refrigeration systems with strong presence in commercial and industrial markets. Comparable industrial refrigeration and energy efficiency capabilities, though at global scale.
• Trane Technologies (Thermo King): Global HVAC and transport refrigeration company; Thermo King supplies cold chain equipment for food and pharma logistics. Comparable to DICOMA Refrigeración's cold chain and processing plant business, but as a global incumbent manufacturer.

Regional players

• Grupo Terra: Central American infrastructure and construction conglomerate operating in Honduras and surrounding markets. Comparable diversified project services and regional execution model.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dicoma-s-a

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 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 DICOMA S.A