Entrepreneur branches out beyond pharmaceuticals

Fernando Jarquín, a Guatemalan entrepreneur who runs a pharmaceutical corporation, has branched out to other lines of business to broaden his business portfolio.

Jarquín is best known as the owner of AGEFINSA, the Central American pharmaceutical distribution company.

Beyond the pharmaceutical industry, Jarquín has acquired and expanded businesses in the dairy, wine and equine breeding industries.

Dairy industry and byproducts

Jarquín’s dairy and byproducts businesses are centered around Productos Valparaíso, S.A., a company located in the territorial division of Alta Verapaz, Guatemala. The company contains a farm which runs under the name “Finca Valparaiso”, as well as the ranch FJ Chichavac, located in the Municipality of Tecpán, in the department of Chimaltenango, which produces Jersey cow milk, goat milk, and several types of yogurt and cheese.

Jarquín has innovated in the local dairy industry through the introduction of agribusiness equipment of brands such as as Serap, Giménez, Save Cows, Coburn and Jaylor, as well as Calier brand pharmaceutical products for animal use and Eleusis hydroponics.

Productos Valparaíso will soon offer guided tours to the public, to educate visitors on the production process of its brands.

Jarquín is also associated with MilkSource Genetics, a US milk producer in Wisconsin, Michigan and Missouri. He is also the co-owner of the cow “Musquie latola Martha”, a three-time winner of The Royal Agricultural Winter Fair, which takes place every year in Toronto, Canada.

Wine industry

Jarquín  ventured in  the  wine  import and distribution industry in  2002, after acquiring the company La Cofradía de los Vinos, a high end wine distributing company of brands such as Cousiño Macul (Chile), Luigi Bosca, Salentein and Pulenta (Argentina), and Pisco Cuatro Gallos (Peru).

The company serves the emerging Guatemalan wine market focusing on high level winery, and it only sells a few brands in supermarkets. The most exclusive brands of its portfolio are sold in Guatemala City’s top restaurants, and in certain places in the city of Antigua, Guatemala..

Equine breeding

Jarquín also owns FJ Chichavac Ranch, which is a member of the National Association of Breeders and Owners of Peruvian Paso Horses (ANCPCPP).

The horse ranch is located in Tecpan, Chimaltenango, Guatemala. Jarquín has been acknowledged for his accomplishments in breeding and genetic development of stallions, especially from Peru. His horses have been prized many times in contests organized by the ANCPCPP.

Business Center K´abel

In 2013, Jarquín opened the Centro de Convenciones K´abel (Kabel, S.A., doing business as “K´abel”). K’abel is a business-oriented convention center which integrates meeting and conference rooms. The company has installed state-of-the-art generation audiovisual systems and technology. Originally, the center mostly hosted medical institutions, doctors and pharmaceutical companies for medical education.

Due to the success of the business, in 2015 the company changed its commercial name to K’abel Business Center. Currently, K’abel services private companies from diverse sectors and industries, as well as business chambers such as the American Chamber of Commerce (AMCHAM).

The executive chef of K’abel Business Center is Diego Jarquin, a master chef who attended and graduated from Le Cordon Bleu Peru.

Only time will tell which industries Jarquín will break into next.

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