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Founded: 1916/1920; formal merger 2003; rebranded Grupo Nutresa in 2011
Founders: Fabrica de Galletas y Confites (Noel, founded 1916) and Compania Nacional de Chocolates (founded 1920) began consolidating in 1933 (stake acquisition, not a merger); formally merged in 2003 as Inversiones Nacional de Chocolates, renamed Grupo Nacional de Chocolates 2006, then Grupo Nutresa 2011
Colombia's largest food conglomerate, operating in ~65 countries under roughly 70 brands (chocolate, coffee, biscuits, pasta, processed meats). Formed from a Medellin biscuit maker and a chocolate processor that consolidated over decades; the Gilinski Group holds a majority stake (~87%).