Guatemala City, Guatemala
www.gruposolidca.com/
PRIVATE COMPANY; YEAR ESTABLISHED: 1955
REVENUE: $103 million*
MARKETS SERVED:
Decorative coatings; Industrial coatings
KEY EXECUTIVES:
Ariel Koll-Nescher, CEO.
Since its beginnings in 1955, Grupo Solid has become one of the leading paint manufacturers in Central America and is the largest paint company in Guatemala. In addition to Guatemala, Grupo Solid has operations in Costa Rica, Dominican Republic, El Salvador, Honduras, Nicaragua and Panama. Among its best-known brands are Corona, Paleta, Modelo and Transocean. Grupo Solid has a distribution network of more than 8,000 independent CORONA hardware stores, 500 MODELO brand stores, and 100 PALETA paint stores, according to the company.