Ciclo Corporativo

What Ciclo Corporativo does

CICLO Corporativo S.A. de C.V. is a Mexican multi-sector conglomerate founded in 2008 and headquartered in Mérida, Yucatán. The company operates a diversified portfolio of subsidiaries spanning environmental services, oil and gas maritime logistics, manufacturing, tourism and hospitality, real estate development, and digital infrastructure. It is family-owned across three generations of Yucatecan entrepreneurs and serves government, industrial, and consumer markets primarily in southeastern Mexico, with select export channels to North America.

The conglomerate's operating subsidiaries include SmartLite (technology and digital infrastructure), Mattera (wood flooring manufacturing with capacity exceeding 200,000 m² and exports to Canada and the United States), AICZA (operator of Chichén Itzá International Airport), MID Center (LEED-certified mixed-use development), Crowne Plaza Mérida (a 135-room hotel), UltraMarine (oil and gas maritime services), ECOLSUR (industrial and hazardous waste management), SANA (municipal waste), SAU (urban environmental services), and H2PRO (water management). In November 2023, CICLO became the first company in Yucatán and southeastern Mexico to obtain PRIME corporate governance certification, signaling formal institutional governance standards for a privately held family group.

CICLO generates revenue through multiple business lines including recurring municipal and industrial waste management contracts (ECOLSUR, SANA, SAU), airport operations and aeronautical services at AICZA, hotel hospitality through the Crowne Plaza Mérida and adjacent developments, real estate development within the MID Center and Destino Turístico Chichén Itzá master plan, wood flooring manufacturing and export via Mattera, and maritime logistics for the oil and gas sector via UltraMarine. The company holds fiscal enclave status at Chichén Itzá, providing tax-advantaged economics for tourism, airport, and adjacent real estate operations. Recent strategic alliances with Greg Norman, AMEK Group, and Majestic Hospitality, alongside the announced $500 million Destino Turístico investment, position the conglomerate around an integrated Yucatán tourism and infrastructure platform.

Name

Ciclo Corporativo

Legal name

CICLO CORPORATIVO S.A. DE C.V.

Website

https://ciclocorp.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CICLO Corporativo is a Mexican multi-sector conglomerate headquartered in Mérida, Yucatán, operating subsidiaries across environmental services, oil and gas logistics, manufacturing, tourism, real estate, and digital infrastructure, serving government, industrial, and consumer clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Mérida

HQ country

Mexico

HQ region

Latin America

Offices2 records

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, industrial waste collection, hazardous material handling, wastewater treatment, and environmental contingency services. Operating through Ecolsur, Sana, SAU, and H2Pro subsidiaries.
2. Oil & Gas Maritime Services: Ship operations for petroleum industry in Gulf of Mexico including personnel/material transport, vessel rental and administration, maritime agency, and project development.
3. Tourism and Hospitality: Hotel operations including Crowne Plaza Mérida (135 rooms) and development of Destino Turístico Chichén Itzá. Revenue from room rentals, events, F&B, and real estate.
4. Wood Flooring Manufacturing: Mattera produces wood flooring with annual capacity exceeding 200,000 m2. Services include wood drying, deck and solid flooring maquila, and custom collections. Exports primarily to Canada and USA.
5. Logistics and Airport Operations: AICZA operates Chichén Itzá International Airport with cargo, pharmaceutical hub, e-commerce logistics, industrial park, and general aviation services.
6. Technology and Digital Infrastructure: Smartlite provides digital infrastructure installation, telecommunications services, app and video game development, and commercial/social data analysis.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

CICLO Corporativo is a diversified Mexican conglomerate that delivers integrated infrastructure, operational, and environmental services across six sectors through wholly-owned subsidiaries. Its core offerings include solid and liquid waste management, industrial and hazardous waste handling, wastewater treatment, maritime oil and gas vessel operations, airport and multimodal logistics at Chichén Itzá International Airport, tourism and real estate development (notably Destino Turístico Chichén Itzá), wood flooring manufacturing, hotel operations, and digital telecommunications infrastructure. Services are delivered primarily to municipal, state, and federal government clients and large industrial enterprises in Mexico, with manufacturing exports to North America.

Product overview

Ciclo Corporativo is a multi-sector Mexican conglomerate operating through a platform-plus-divisions structure. The company serves environmental, oil & gas, logistics, tourism/hospitality, manufacturing, and technology sectors through distinct branded subsidiaries and projects. Key products include SmartLite (digital infrastructure and telecommunications), Mattera (wood flooring manufacturing with 200,000+ m2 annual capacity), AICZA (airport operations and logistics hub), MID Center (LEED-certified mixed-use development), Crowne Plaza Mérida (managed hotel property), UltraMarine (maritime/oil industry services), ECOLSUR/SANA/SAU/H2PRO (environmental and water treatment services), and Destino Turístico Chichén Itzá (major tourism development project). The divisions operate semi-independently under the CICLO umbrella, united by a focus on sustainable solutions and infrastructure services.

Differentiator

Problem solved

Functional benefit

Brands

• SmartLite: Smart infrastructure for digitization of the economy and public services.
• Mattera
• AICZA
• MID Center
• Crowne Plaza Mérida
• Ultramarine
• ECOLSUR
• Sana
• SAU
• H2PRO

Products and services

• ECOLSUR Environmental Services

Quantifiable outcome

• Chichén Itzá archaeological zone attracts over 3 million annual visitors, supporting tourism destination investment

Named customers2 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

Feature4 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• AMEK GroupcoreStrategic or Co-development Partner · 27 November 2023Hotel group with headquarters in Miami operating hotels in the United States, Mexico, and Latin America. Announced as an ally for the development, management, and operation of Destino Chichén project during PRIME certification announcement.
• Majestic HospitalitycoreStrategic or Co-development Partner · 27 November 2023California-based design and planning firm announced as an allied partner for the development, design, and operation of Destino Chichén project alongside AMEK Group.
• Greg Norman Company (Greg Norman Golf Course Design)flagshipStrategic or Co-development Partner · 18 November 2021Strategic alliance announced at Tianguis Turístico 2021 in Mérida between Greg Norman Golf Course Design (part of The Greg Norman Company, USA) and CICLO. The partnership aims to develop the Destino Turístico Chichén Itzá as a world-class hospitality and entertainment destination, including the first Greg Norman signature golf course in an archaeological zone.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Grupo Aeroportuario del Sureste (ASUR): Operates airports in southeastern Mexico including Cancún and other tourist-region airports. Directly comparable to CICLO's AICZA operation of Chichén Itzá International Airport given overlapping southeastern Mexico geography and tourism-driven passenger mix.
• Grupo Vidanta: Mexico's leading luxury resort and vacation-ownership developer with integrated golf, hotel, and entertainment offerings. Directly comparable to CICLO's Destino Chichén master plan that combines luxury hotels, Greg Norman signature golf, theme parks, and residential components.
• Promotora Ambiental (PASA): Mexico's largest private-sector environmental services company providing waste collection, transfer, and disposal across multiple states. Directly comparable to CICLO's Ecolsur, Sana, SAU, and H2Pro environmental services subsidiaries operating in the same Mexican geography.
• Grupo Posadas: Mexico's largest hotel operator (Live Aqua, Fiesta Americana, IHG-affiliated brands). Comparable through Crowne Plaza Mérida operation and as a hotel operating partner counterpart for the AMEK/Majestic alliance on Destino Chichén.
• Grupo Aeroportuario del Pacífico (GAP): Operates Mexican airports in the Pacific region under a similar government-concession framework. Comparable to AICZA's airport operations model, fiscal-enclave status, and cargo/MRO service structure.
• Experiencias Xcaret: Mexican integrated tourism destination operator (Xcaret, Xel-Há, Hotel Xcaret México). Comparable as a large-scale, sustainability-themed tourism destination developer targeting both domestic and international leisure travelers — the most direct competitive analogue to Destino Turístico Chichén Itzá.
• Grupo Aeroportuario del Centro Norte (OMA): Operates airports in northern and central Mexico under a similar concession structure. Comparable to AICZA's regulated airport operation including cargo, MRO, and commercial real-estate monetization around the terminal.

Broad incumbents

• Stericycle: Global incumbent in industrial and hazardous waste management with Mexican operations. Comparable to ECOLSUR's hazardous-material and industrial-waste collection services but operates at much larger scale across multiple geographies.
• Veolia México: Multinational environmental services operator with significant Mexican footprint in water and waste management. Comparable to CICLO's H2Pro and Ecolsur subsidiaries but as a much larger global incumbent with broader service portfolio and municipal concession experience.

Others

• Grupo México: Large Mexican diversified industrial conglomerate with infrastructure and transportation divisions. Comparable as a structural analogue — a privately influenced, multi-vertical Mexican industrial platform — rather than as a direct competitor in any single CICLO vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/about
• Facebookfacebook.com/Ciclocorporativosadecv

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 Corporativo