Pantaleon was born on August 8, 1849, under the enterprising vision of Manuel María Herrera when he bought the Pantaleon and San Gregorio estate, between Siquinalá and Santa Lucía Cotzumalguapa, Escuintla, Guatemala.
Manuel María Herrera converted flat and uncultivated land into the Pantaleon estate, building within it the Pantaleon sugar mill.
Manuel María Herrera establishes Herrera & Company with his two elder children: Francisco Herrera Moreno and Carlos Herrera Luna. In 1880, Pantaleon produced 40,000 25-pound sacks of sugar.
After the death of his father, Carlos Herrera Luna takes over the company and begins to expand the capacity of the sugar mill, making it the largest producer of sugar in Guatemala. Carlos Herrera Luna incorporated advanced techniques in agriculture that he observed in other countries, from where he brought machinery and agricultural implements.
The building of the Pantaleon train station began, which led trains from the sugar mill to Puerto San José, Guatemala, making the transport of sugar to the port more efficient and facilitating its exportation.
Carlos Herrera Dorion continues his father´s vision and encourages sugar exports to international markets.
Julio Herrera is named General Manager and the company changes its name to become Pantaleon, S.A. In the 1974/75 harvest, the production of sugar exceeded one million quintals of sugar.
Pantaleon assumes the administration of Concepción sugar mill in Guatemala, thus enlarging its sugar operations.
Continuing with the business vision of transforming resources responsibly, Pantaleon begins the cogeneration of electric energy based on the cane bagasse, contributing to sustainable energy generation in Guatemala.
Pantaleon Foundation is created by members of the family, seeking to promote the social and economic development of the communities surrounding the operations.
The Monte Rosa sugar mill is acquired, located in western Nicaragua, which has become the second largest producer in the country.
Taking advantage of the resources of the cane, a distillery is built at Pantaleon sugar mill to produce ethanol and other related molasses products.
In partnership with the UNIALCO Group of Brazil and Manuelita of Colombia, Vale Do Paraná sugar mill is acquired in Brazil, reaching a greater territorial expansion, opening new opportunities.
Pantaleon acquires La Grecia sugar mill in Honduras.
Since its inception, Pantaleon has maintained a firm commitment to the success of the people related to the operations of the organization. For this reason, since 1868 Pantaleon established a school within the facilities. Currently, Pantaleon has four schools, two in Guatemala and two in Nicaragua, where all students receive a scholarships by the organization. In 2010, a new school facility was built in Siquinala, Guatemala, creating a space that fosters an integral education.
With the vision of becoming one of the ten most important sugar organizations in the world, participation in Vale do Paraná society is increased, the capacity of the Bio Ethanol distillery in Guatemala is augmented and Pánuco sugar mill is acquired in Veracruz, Mexico.
The group achieves a production of 1 million tons of sugar.
Vale do Paraná Mill in Brazil starts producing sugar.
Under the strategic vision of strengthening Pantaleon´s position, the decision of selling the shares of Ingenio La Grecia in Honduras was made.
Pantaleon celebrates its 170th milling season.
Pantaleon Commodities Corp. is established in the United States.
Pantaleon consolidates its operations in Guatemala.
Pantaleon acquires El Mante mill in Tamaulipas, Mexico.
After a historic harvest, Panuco Mill becomes the number one sugar producer in Mexico.
Our Mexican operations increase their production substantially due to improved yields following the acquisition and expansion of El Mante Mill and the increase in Panuco Mill’s milling capacity.
Under the strategic vision of strengthening Pantaleon’s position, the decision is made to sell the shares of Vale do Paraná Mill in Brazil.
With more than 173 years of operation, Pantaleon continues as a family business and has become one of the most respected conglomerates in Latin America.
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