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WHO WE ARE

We are a family-owned organization focused on the consistent and healthy growth of our partners and the joint assets we manage. Based on managerial and operational capacity and experience, we participate in different types of businesses, seeking the protection and growth of our capital in a comprehensive, efficient, and professional manner.


ORIGINS

GD holdings Inc. is a company that pools the operating investments of our family group. Carlos M. Paiz, our founder, began as General Manager of Almacenes Paiz in 1960. Almacenes Paiz grew under his administration to become La Fragua SA, the largest retail company in Central America, operating hundreds of stores and with more than 10,000 employees in the region.

Our group was actively involved in the retail operation for more than 50 years until its successful sale to Walmart in 2010. We joined in a merger with Banco Cuscatlán from 1990 to 2007, successfully selling it to Citibank.

The value of our family members’ experience and judgement is reflected in the growth and development of our group’s assets. Today we operate in multiple Central American companies, as well as serving on boards of directors abroad.

ORIGINS

GD holdings Inc. is a company that pools the operating investments of our family group. Carlos M. Paiz, our founder, began as General Manager of Almacenes Paiz in 1960. Almacenes Paiz grew under his administration to become La Fragua SA, the largest retail company in Central America, operating hundreds of stores and with more than 10,000 employees in the region.

Our group was actively involved in the retail operation for more than 50 years until its successful sale to Walmart in 2010. We joined in a merger with Banco Cuscatlán from 1990 to 2007, successfully selling it to Citibank.

The value of our family member's experience and judgement is reflected in the growth and development of our group's assets. Today we operate in multiple Central American companies, as well as serving on boards of directors abroad.

OUR VISION

We are a family organization focused on strengthening our managerial and operational capabilities, in order to expand our scope and promote the growth of our partners’ assets. We invest in industries with sustained growth potential.

We remain actively involved with each investment and seek out partners who are equally committed to these values. We are active, involved and committed partners. We make direct investments, loans, and participation in private funds.

We are investors in and executives of real estate companies

and other ventures in North America, Europe, and Central America.

OUR VALUES

NUESTRO COMITÉ ASESOR

Carlos M. Paiz
CHAIRMAN EMERITUS
Businessman and philanthropist. After more than 40 years as president of various commercial companies, upon retiring in 2004, he left the most important supermarket chain in Central America successfully running.
Jacqueline Riera de Paiz
VICE CHAIRMAN EMERITUS
Current President of the Paiz Riera Foundation. She worked for 42 years in the Paiz Organization in the purchasing area and in 1989 she led the Permanent Culture Program. She was Executive Director of the Paiz Foundation for Education and Culture from 1991 to 2007.
Jacqueline Paiz
CHIEF DIRECTOR
More than 30 years of experience in commercial administration, purchases, and retail marketing.
José Carlos Paiz
CHIEF DIRECTOR
With more than 30 years of experience in retail trade in Central America, Current General Director of VITA&mas. He was Executive President of La Fragua, S.A. and Executive Vice-President of Walmart Central America.
Paulina Paiz de Morales
CHIEF DIRECTOR
A graduate of Grinnell College and Francisco Marroquín University, she has a double major in Cultural Anthropology and Clinical Nutrition, specializing in Global Sustainable Development and Community Nutrition.
Juan Ignacio Paiz
CHIEF DIRECTOR / TREASURER
With more than 20 years of experience in logistics, financial administration and management of financial investments in markets.
Nicole Paiz
DEPUTY DIRECTOR
A graduate of Grinnell College and Francisco Marroquín University, she has a double major in Cultural Anthropology and Clinical Nutrition, specializing in Global Sustainable Development and Community Nutrition.
Carlos Francisco Paiz
DEPUTY DIRECTOR
Architect with a master's degree in Real Estate Development. Entrepreneur with experience in Hotel and Restaurant Development. Now entering the world of retail.
Gabriel Morales Paiz
DEPUTY DIRECTOR
Graduated from the University of Miami in 2019 in Business Administration. Gabriel seeks to grow in the area of cyber security, sales and finance.
Sebastian Olavarría
DEPUTY DIRECTOR
With an MBA from Babson University, with banking experience, he moved into the real estate market. He managed the market research department and is currently in charge of Intus Circle’s clients in addition to managing the investment fund.

NUESTRO EQUIPO

Claudia V. Rodríguez

Chief Executive Officer
Grupo Delta holdings

21 years of experience in international banking and financial consulting. He currently leads the operating investment division of Grupo Delta.

Andrea de Ramos

Legal Director

Lawyer with 20 years of experience. 11 years in charge of our business’s legal affairs.

Leonel Figueroa

Contralor Corporativo

CPA with 35 years of experience in the accounting and legal areas in Guatemala and in Operations in Central America.

Ingrid

Administrative assistant

Julio Bianchi

Senior Analyst

Master’s in economy and Business Administration, with experience in finance analysis.

OUR EXPERIENCE

We manage development investments, portfolios, and participations in direct investments in Central America, the US, and Spain.

  • REAL ESTATE DIVISION
  • COMMERCIAL
  • INDUSTRIAL
  • DEVELOPMENT
  • HOUSING
  • HOSPITALITY AND TOURISM

OUR EXPERIENCE

We manage development investments, portfolios, and participations in direct investments in Central America, the US, and Spain.

  • OPERATING BUSINESSES
  • LOGISTICS CENTER
  • ADVERTISING AND MARKETING COMPANY
  • DISTRIBUTION OF MOTORCYCLES
  • FINANCIAL INDUSTRY
  • CONSTRUCTION MATERIALS
  • FOOD INDUSTRY
  • CLEAN RENEWABLE ENERGY

OUR EXPERIENCE

We manage development investments, portfolios, and participations in direct investments in Central America, the US, and Spain.

  • FINANCIAL BUSINESS
  • LOANS
  • PREFERRED PARTNERSHIP AGREEMENT
  • PARTICIPATION IN FUNDING