Corporacion Multi Inversiones issued the following announcement on July 19.
Multi Investment Corporation is an example of a family business that has managed to expand into the world. In the last two decades it is one of the Central American companies that have grown vertiginously, E&N has witnessed that and has told it. A single data reveals the size of the company that they are: it generates employment for more than 40,000 employees.
One of the last movements of the corporation was in 2017 when it acquired a shareholding in Pronaca, an Ecuadorian family business leader in the food sector. Another of its major investments was the purchase in April 2011 of 40% of Telefónica Centroamérica's assets, with 9.9 million customers in the region.
The CMI co-president, Juan José Gutiérrez, said on that occasion that they were looking to enter the high-tech industry, as part of their business strategy. Today the entrepreneur recognizes that the changes in the last 20 years have taken place at such speed, that they have turned the transformation processes of organizations into a constant dynamic.
"It is our obligation as leaders to take advantage of these changes to improve our services and products, in accordance with the needs of our customers and thus achieve the expected growth," said Gutierrez.
For his part, the co-president of CMI, Juan Luis Bosch, told E&N that their vision and long-term commitment forces them to project themselves into the future and that is why they have undergone great changes due to innovation, technology, global economy and connectivity "To them we owe the growth and expansion of CMI's business in recent years," said Bosch.
“In 1999 our focus was on a sustainable future, at that time we had organized our businesses by industries: wheat and corn flour mills, biscuit and pasta production; restaurants with the leading brand Pollo Campero, poultry and pig production as a concept of growth, ”said the businessman.
In addition, they were beginning the process of diversification towards other business concepts in financial services, real estate development and production of clean energy with renewable resources. "Internally we were working on the corporate transformation process, incorporating new technologies, processes and ways of working," he added.
Innovate as a goal
“We innovate to grow and transform, we seek to expand operations in new markets and join forces in the industries where we participate, to transcend,” Bosch said, “the internal work dynamic has made us agile to respond to challenges and make timely decisions, to achieve goals
In the corporation they have prepared to grow and transcend, so they invested and worked in the following aspects: human capital, the definition of corporate governance and venturing into other markets, with awareness of their role in the communities where they have a presence.
“Something very important for the growth of CMI is that we assume the responsibility of preserving and strengthening the legacy of Mr. Juan Bautista Gutiérrez (the founder). In short, values, experience and learning are our support, ”said Bosch.
Every day they work following the philosophy of 'Don Juanito': “to go to work in the morning happy and return from work happy and accomplished, based on that we create the acronym REIR for our values: responsibility, excellence, integrity and respect”, stressed.
Co-President Gutierrez defines his company as a multilatin corporation of Central American origin, with more than 90 years of history generating investment, employment and development in the region. "We are a family group with a presence on three continents, through our business groups, Food and Capital, we create a sustainable impact in the communities where we operate offering excellence and quality in our products and services through the use of innovation and technology, ”he said.
In CMI Alimentos include the businesses of wheat flour mills, pasta and cookie production; poultry, pork, processed and sausage manufacturing industry; balanced food for animals and pets; restaurant industry, with the Pollo Campero brand, among others.
In CMI Capital, the renewable energy generation projects are grouped; development of real estate projects, financial services businesses and new businesses.
Today they have a presence in more than 15 countries on 3 continents: Guatemala, El Salvador, Costa Rica, Honduras, Nicaragua, Dominican Republic, Haiti, Anguilla, Panama, Mexico, United States, Ecuador, Spain, Bahrain and Italy.
What's coming
Bosch said that in the next 20 years they will focus on three main areas: Develop new ideas with vision, creativity and talent that transcends; continue working on systems integration, human capital management, the use of synergies and economies of scale and finally, strengthen our operations to continue growing.
It is no small thing for a business group of such magnitude, whose purpose is to turn it into a world-class corporation. "Maintaining our commitment to promote better living conditions and more developed and sustainable communities," said the businessman.
Gutierrez added that, for more than a decade, they have been working on a strong program of values inherited from the founder, through which they constantly train their more than 40,000 employees in behaviors attached to the principles and values that govern them.
“At CMI we always seek to honor established agreements and keep every word we offer. In this line we have created a clear system of weights and balances governed by our corporate governance. In addition, we are committed to the sustainable development of the communities where we have a presence, which is why we invest time and resources to create programs and projects that contribute to achieving it, ”Gutiérrez said.
Bosch explained that this transformation and adaptation is achieved through a leadership that is based on integrating the experience acquired and the knowledge of a new generation of professionals committed to the corporation. "That is the success of CMI, the success of our businesses and it is the success of those who from each business develop their professional careers based on our values."
Gutierrez believes that more and more leadership is closer, with a strategic and innovative approach, it is required that they be respectful, responsible and integral citizens and capable of adapting to the current dynamics of the workforce that is composed of younger and younger generations.
With information and photography of Strategy & Business
Original source: https://www.cmi.co/es/item/471-juan-luis-bosch-y-juan-jose-gutierrez-comprometidos-con-la-historia-y-el-futuro-de-centroamerica
Alerts Sign-up