Las Palmas

What Las Palmas does

Grupo M.E.M.E. is a privately held Guatemalan multi-business corporation headquartered in Guatemala City, operating across four reported divisions: Agroindustria (manufacturing and distribution of consumer staples including Aceite Costeño cooking oil, Harina Costeña flour, and Aureola dairy products), Comercial (commercial operations and product distribution), Energía (energy operations), and Arrendamiento de Instalaciones (facility leasing). The firm employs approximately 242 people and serves both business customers through direct commercial relationships and end consumers through retail distribution channels within Guatemala.

The group's revenue mechanics are anchored in physical product sales of branded consumer staples, energy operations, and facility lease income. The business operates as a diversified Guatemalan conglomerate with no disclosed subscription, SaaS, licensing, or technology-platform revenue streams. Pricing models, contract structures, and revenue-per-segment data are not publicly disclosed.

In February 2026 the company announced "Una nueva etapa" (A new stage) via its corporate communications, followed in March 2026 by an integrated product-usage marketing campaign across the Costeña and Aureola brand portfolios and the publication of a new product catalog. These signals point to active commercial repositioning rather than a structural pivot; the company has not disclosed acquisitions, partnerships, foreign-market entry, or capital-raise activity. No AI/ML capabilities, patents, technology platform, or third-party technology partnerships are referenced in the available material.

Name

Las Palmas

Legal name

Grupo M.E.M.E.

Website

https://laspalmas.com.gt

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Grupo M.E.M.E. is a privately held Guatemalan multi-business corporation operating across agroindustry (Aceite Costeño, Harina Costeña, Aureola consumer staples), commercial operations, energy, and facility leasing, serving Guatemalan retail and B2B customers with approximately 242 employees.

Ownership category

akta.pro rank

Product category

Agricultural Products & Food Manufacturing

NAICS

Management of Companies and Enterprises (551)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Food & Beverage DTC (CRAFACAD)

Keywords

• Agricultural product manufacturing
• Cooking oil production
• Flour milling
• Commercial facility leasing
• Energy distribution

Headquarters

HQ city

Guatemala City

HQ country

Guatemala

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Agroindustrial Products: Manufacturing and distribution of agricultural products including cooking oil (Aceite Costeño) and flour (Harina Costeña). Revenue generated through product sales to commercial and consumer customers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Las Palmas (Grupo M.E.M.E.) is a Guatemalan multi-business corporation that manufactures and distributes agricultural and food products — principally cooking oil (Aceite Costeño) and flour (Harina Costeña) — and additionally operates commercial trading, energy generation/distribution, and facility leasing divisions. The company serves as a strategic ally to enterprise clients across these sectors within Guatemala.

Differentiator

Problem solved

Functional benefit

Products and services

• Aceite Costeño Cooking oil manufactured and distributed by the Agroindustria division for commercial buyers and consumer retail customers in Guatemala.
• Harina Costeña Wheat flour manufactured and distributed by the Agroindustria division for commercial buyers and consumer retail customers in Guatemala.
• Aureola Consumer-facing food product brand associated with the company's cooking/oil category, used by households in Guatemala.
• Energy Generation and Distribution Services Energy generation and distribution solutions provided to industrial and commercial clients under the Energía division.
• Facility Leasing Services Leasing of commercial and industrial facilities/instalaciones for businesses through the Arrendamiento de Instalaciones division.

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Cargill: Global food and agribusiness merchant with Central American operations in oilseed processing and grain distribution; overlaps with Grupo M.E.M.E.'s cooking-oil and flour value chain but at vastly larger scale.
• Grupo Bimbo: World's largest baked-goods manufacturer with broad Central American distribution of branded packaged foods; competes for similar shelf space and grocery relationships as Harina Costeña and Aureola.
• Nestlé: Global packaged-food multinational with an established Guatemalan presence across multiple consumer food categories; represents the large-incumbent competitive benchmark for branded staples in the same retail channels.
• Grupo Industrial Lala: Mexican dairy and processed-food manufacturer with Central American distribution; comparable as a large branded Latin American food company with multi-category consumer-food portfolios.
• Industrias Bachoco: Major Mexican poultry and processed-food company with growing Central American footprint; comparable as a vertically integrated Latin American food processor competing in similar modern-trade channels.

Direct peers

• Grupo Pellas: Nicaraguan diversified conglomerate with food and beverage operations plus real estate and energy, closely comparable as a Central American family-owned multi-vertical group with branded consumer food products.
• DEMASA (Derivados del Maíz): Guatemalan manufacturer of corn- and grain-based food products including flours and tortillas, directly comparable as a domestic processor of staple food ingredients sold through Guatemalan retail channels.
• Grupo CMI (Corporación Multi Inversiones): Guatemalan multi-business conglomerate with food manufacturing (wheat flour milling through its businesses, plus beverages and quick-service restaurants), energy, and real estate operations — the closest comparable diversified corporate structure in the same country.
• Grupo Terra: Panamanian/Central American food conglomerate operating across packaged foods, distribution, and adjacent sectors — comparable as a regional multi-business food group operating in adjacent Central American geographies.
• Arrocera de Guatemala: Domestic Guatemalan grain/food processor supplying branded staple-food products to local retail; directly comparable as a Guatemala-based agricultural commodity-to-consumer-food manufacturer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/las-palmas-industria

Revenue estimate

Valuation estimate

Number of profiles

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 Las Palmas