The Bosch Gutiérrez family has played a key role in the business development of Guatemala and the region. Through CMI, Corporación Multi Inversiones, they have built a multinational company that has evolved over 100 years, creating opportunities and driving economic growth in the communities where it operates.
From its beginnings in 1920, as a small business in San Cristóbal Totonicapán, to becoming a group with operations in 15 countries, the family has remained committed to the economic, social, and environmental development of the regions it serves.
A Century of Business Growth
The Bosch Gutiérrez family’s legacy began with Don Juan Bautista Gutiérrez, who opened a small store in San Cristóbal Totonicapán, Guatemala, in 1920. His vision and determination laid the foundation for what would later become CMI.
Over the years, the corporation has diversified its operations, achieving key milestones across various industries:
- 1936: Founded Molino Excelsior, marking the beginning of its involvement in the milling industry.
- 1964: Launched Avícola Villalobos, starting its poultry operations in Guatemala.
- 1971: Established Pollo Campero, now one of CMI’s most iconic brands.
- 1986: Entered the real estate sector, developing urbanization and shopping center projects.
- 1991: Began generating renewable energy with the launch of Renace Hydroelectric.
- 2002: Expanded Pollo Campero to the U.S., solidifying its international presence.
- 2018: Restructured into two main business groups:
- CMI Foods: Focused on milling, pasta and cookie production, poultry and pork farming, and food processing.
- CMI Capital: Specializing in renewable energy, real estate development, and financial services.
- 2021: Celebrated 100 years and established CMI Energy as the largest private renewable energy platform in the region, successfully issuing $700 million in green bonds.
- 2022: Expanded in the flour and bakery sector by acquiring AIS Bakery, a leading manufacturer of industrial bakery premixes and complementary products.
- 2023:
- Opened a new pasta production line in the Dominican Republic.
- Expanded Pollo Campero to New York.
- Launched the sustainable farm in Santa Rosa, Guatemala.
- Published CMI Capital’s Sustainability Report.
- 2024:
- The U.S. became CMI’s second-largest market, strengthening its presence with the majority acquisition of Del Real Foods, a leading Hispanic refrigerated foods producer.
- Pollo Campero surpassed 120 restaurants in the U.S., reinforcing its international expansion.
- Achieved carbon-neutral certification in four food operations in Costa Rica and El Salvador.
- Renewable energy projects now prevent 1.7 million tons of CO₂ emissions per year, underscoring its commitment to sustainable development.
- The Central American Bank for Economic Integration (CABEI) increased COFINSA’s credit line by $8 million to support small and medium-sized enterprises (SMEs) in Guatemala, creating 4,200 new jobs.
Currently, CMI employs over 54,000 people across 15 countries, generating sustainable value through innovation and a strong commitment to the community.
Impact on Guatemala’s and the Region’s Development
The Bosch Gutiérrez family has led business growth while developing high-impact initiatives in education, sustainability, and entrepreneurship.
Education
- Through Campero Institute, CMI has helped thousands of employees complete their studies and advance in their careers.
- laUcmi, CMI’s corporate university, has provided certified training programs to thousands of employees.
Sustainability
- CMI Energy has driven renewable energy projects, aligning with international sustainability standards.
Entrepreneurship
- Cocreo, the Bakery and Pastry Academy of Molinos Modernos, has trained over 130,000 people in Central America and the Dominican Republic, strengthening small and medium-sized enterprises (SMEs) in the sector.
The company’s social impact reflects the family’s vision: creating growth opportunities for all, strengthening communities, and delivering high-quality products.
Commitment to the Future
Today, the Bosch Gutiérrez family continues to lead CMI, maintaining the values and vision of its founder through:
- Juan Luis Bosch Gutiérrez, Chairman of CMI’s Board of Directors.
- Juan José Gutiérrez Mayorga, President & Chairman of CMI Foods.
- Felipe Bosch Gutiérrez, President & Chairman of CMI Capital.
The family remains focused on innovation and sustainable development, investing in business models that generate a positive impact on communities and contribute to building a more prosperous future.