$50 Million in Credit for Food Company

With a $50 million loan from the IDB, the CMI Alimentos business group will expand its operations in Guatemala, El Salvador and Honduras.

Wednesday, January 29, 2020

The loan was placed through IDB Invest, a member of the Inter-American Development Bank (IDB) Group, and the operation is intended to finance fixed investments that will help CMI Alimentos continue improving its productivity.

You may be interested in "Food: Which Companies Are Doing Business in Central America?"

he IDB Invest announcement states that with these funds, the Agrupación de Alimentos de Corporación Multi Inversiones (CMI Alimentos) will promote their geographic distribution in order to maintain sustainable growth in Central America.

CMI Alimentos is one of the region's largest and most important business groups in the following areas: wheat and corn flour mills, pasta and cracker production, the poultry and pork industry, sausage processing and manufacturing, animal and pet feed, and the restaurant industry with its Pollo Campero and Pollo Granjero brands, among others.

Also see "Restaurants: Consumer Tastes in Costa Rica"

The financing has a five-year term.

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More on this topic

Pollo Campero Ends Operations in Costa Rica

May 2017

Corporación Multi Inversiones has announced that it will be closing the 11 restaurants operating under the Pollo Campero brand, in order to boost development of the Pollo Granjero chain.

Representatives from Corporación Multi Inversiones (CMI) explained that the plan is to develop more and improve the chain operating the Pollo Pollo Granjero brand, which has more than 100 outlets in the country. 

Pollo Campero Opens at Disney World

December 2010

With a $ 5 million investment the Guatemalan fast food chain Pollo Campero opened their restaurant at Disney.

The new restaurant, number 51 in the U.S., is located in Downtown Disney and serves about 24.000 guests a week.

Luis Lima, in his article in El periodico, reported statements from Jose Gutierrez, co-president of Corporacion Multi-Inversiones, "The opening of this restaurant at Disney is the result of a 4-year effort."

"Pollo Campero" Invests $2.5 Million in Costa Rica

August 2009

The Guatemalan company will open 5 new restaurants in the country in the first half of next year.

These new restaurants will be located in rural areas and will generate 100 jobs, said José Villalobos, commercial manager of the chain.

"Pollo Campero is in the midst of a global expansion process.

Pollo Campero opens restaurant in Wal-Mart

May 2008

Guatemala's Pollo Campero fried-chicken chain opened its first restaurant in a US Wal-Mart store, the Rowlett, Texas, Supercenter.

Executives of Pollo Campero's US operation aim to open 20 restaurants in Wal-Mart stores nationwide by the end of next year. Wal-Mart favors the venture as it tries to reflect a more multi-cultural image in its stores.

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