Onyx Group: 5 Facts to Know About the Guatemalan Consortium

Innovators in Central America

Onyx Group is one of the most important business conglomerates in Guatemala, with a significant presence in various industries, including construction, telecommunications, energy, and real estate development. Founded by Mario López Estrada, the group has played a crucial role in the country’s economic development.

From its beginnings as Constructora Maya in 1967, Onyx Group has evolved and expanded its operations, becoming a leader in several key sectors. Its focus on innovation and sustainability has allowed the group to stay at the forefront of the industry and continue growing at an impressive rate.

Origin and Evolution of Onyx Group

The origins of Onyx Group date back to 1967 with the founding of Constructora Maya, specializing in real estate and construction. This company marked the beginning of Mario López Estrada’s business legacy and laid the foundation for the group’s expansion into other sectors. Over the years, Onyx Group has diversified its portfolio, covering areas such as telecommunications, energy, and real estate development.

Today, the group stands out for its focus on innovation and sustainability, developing projects that not only generate economic benefits but also contribute to the social and environmental well-being of Guatemala.

Main Divisions

Onyx Group Onyx operates through several main divisions, each playing a crucial role in the conglomerate’s success. The real estate division is one of the most emblematic, with prominent projects such as Plaza Madero and Paseo La Galería in Paraguay. The energy division, under the Horus Energy brand, has led the solar energy generation in Guatemala, contributing over 200 gigawatt-hours of clean and renewable energy.

Other important divisions include telecommunications, with a significant presence through Tigo Guatemala, and digital services, offering innovative solutions for businesses and consumers. Each of these divisions reflects Onyx Group’s commitment to excellence and sustainability.

Onyx Group is a business consortium that has made a significant mark in Guatemala and beyond. With a rich and diverse history, the group continues to lead in innovation and development, contributing to the economic growth and social well-being of the country.