CMI and Grupo Bios Forge Strategic Alliance to Expand Pet Food Business in Central America and Caribbean

Corporación Multi Inversiones (CMI), a venerable Central American conglomerate with over a century of history, has joined forces with Colombia's Grupo Bios, a leader in the agro-industrial sector, to bolster its pet food offerings. This strategic alliance, announced by CMI Alimentos, signifies a major step in the company's growth and regional expansion strategy, particularly within the dynamic pet food market of Central America and the Caribbean.

The joint venture leverages Grupo Bios' established expertise in premium pet food with CMI Alimentos' extensive regional footprint, infrastructure, and deep market understanding. This synergy is expected to significantly enhance the development and distribution of pet nutrition products across key markets, including the Dominican Republic, Nicaragua, Costa Rica, and Panama, while also integrating established brands into CMI's existing portfolio in Guatemala, El Salvador, and Honduras.

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En CMI entendemos el crecimiento como la capacidad de anticipar oportunidades y desarrollarlas con visión de largo plazo. Esta alianza con Grupo Bios refleja nuestra forma de hacer empresa: trabajar junto a quienes comparten nuestros valores, nuestro propósito y nuestro compromiso con el desarrollo de la región.

Juan José Gutiérrez, Chairman of CMI Alimentos, emphasized that CMI views growth as the ability to anticipate and develop opportunities with a long-term vision. This partnership with Grupo Bios exemplifies CMI's business philosophy: collaborating with entities that share its values, purpose, and commitment to regional development. The integration of Grupo Bios' brands such as Vivance, Nutriss, Ringo, Mirringo, and Filpo alongside CMI's own brands like Rufo, Alimiau, Rambocan, and Alimax, creates a formidable and diverse offering in the pet nutrition sector.

This move is particularly significant for Central America, a region where CMI has deep roots and a strong commitment to fostering economic growth and competitiveness. The alliance not only expands market reach but also promotes investment and innovation within the agricultural and food industries. From a regional perspective, such strategic collaborations between established family-owned businesses are crucial for driving economic progress and demonstrating the capacity of Latin American companies to compete on a global scale, often through partnerships that combine local knowledge with international best practices.

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Esta alianza representa un paso firme en nuestra estrategia de crecimiento regional. La complementariedad entre ambas organizaciones nos permite fortalecer nuestra propuesta de valor, ampliar el alcance del portafolio y seguir consolidando nuestra presencia en una categoría con alto potencial de desarrollo en Centroamérica y el Caribe.