Since its beginnings, CMI, Corporación Multi Inversiones, has had a remarkable ability to adapt and advance
in a variety of industry sectors. This success story is due in part to the entrepreneurial vision of its founder
Mr. Juan Bautista Gutierrez.
The evolution of CMI has its roots in the entrepreneurial history of Don Juan Bautista Gutiérrez, who in 1920
opened a small store in San Cristóbal Totonicapán, in southwestern Guatemala, and how his vision led the
company to diversify its business into areas such as the food and later on its investment industry. CMI
currently operates in more than 16 countries and has a family of more than 40,000 employees.
In 1936, Don Juan Bautista Gutiérrez founded Molino Excelsior, which started the industrial activities of the
corporation known today as CMI. This mill not only started CMI’s future milling business unit, but also
reflected the entrepreneurial vision and determination of Mr. Juan Bautista Gutiérrez.
Then, by 1964, the founding of Granja Villalobos represented the beginning of the diversification of the
company’s operations. This decision laid the foundation for what is today the CMI Foods group and its broad
portfolio of leading brands that are part of the local flavor and tradition, such as Pollo Indio in El Salvador
and Pollo Rey in Guatemala.
The establishment of Pollo Campero in 1971 marked CMI’s entry into the restaurant industry. Now, more
than 50 years later, Pollo Campero has become one of the most beloved brands among Central Americans
with 350 restaurants around the world and is preparing to consolidate its presence in the U.S. market.
In 1986, CMI decided to enter the real estate development sector in Guatemala through Multi-Proyectos.
This step followed the legacy of the entrepreneurial vision of Don Juan Bautista Gutiérrez, seeking to further
diversify the corporation’s operations. Thus, over the years, CMI has developed urbanization projects,
housing and the Pradera Shopping Centers, contributing to the infrastructural development of the region.
Likewise, operations were extended to the energy sector in 1991, with the start of its first renewable energy
project in Guatemala. With a strong commitment to sustainability and innovation, CMI has advanced in solar
and wind energy projects, contributing significantly to sustainable development and energy diversification in
Central America and the Caribbean.
The trajectory of CMI, Corporación Multi Inversiones, inspired by the vision and legacy of Don Juan Bautista
Gutiérrez and currently led by the third generation of the family, Juan Luis Bosch as Chairman of CMI Capital
and Juan José Gutiérrez as Chairman of CMI Foods, is a latent testimony of how entrepreneurship can
transform ideas into tangible and lasting realities.