Who Is The Owner Of La Michoacana?
3 min read1. La Michoacana: A Brief History
La Michoacana is a chain of Mexican ice cream and paleta shops founded in Tocumbo, Michoacán, Mexico. The company is now owned by the Mexican subsidiary of the American company Grupo Lala.
The company was founded in 1950 by Federico Sada González. His son, Carlos Sada, took over the company in 1974 and expanded it into a franchise. The company now has over 1,500 locations in Mexico and the United States.
In the early 1990s, the company began expanding into the United States, opening its first store in Los Angeles. The company now has over 30 locations in the US.
La Michoacana is best known for its paletas, which are Mexican-style ice pops made with fresh fruit and cream. The company also sells ice cream, sherbet, and other frozen desserts.
2. The Original Owner of La Michoacana
La Michoacana is a chain of Mexican ice cream and fruit parlors founded in the state of Michoacán. The company is owned by the Bonilla family.
The company was founded in 1945 by Francisco “Pancho” Jimenez and his wife Carmen. The couple started the business in the city of Morelia, Michoacán. The company later expanded to the city of Toluca, Mexico State and then to the State of Mexico.
The company is currently run by Pancho Jimenez’s son, Francisco Jimenez Bonilla. The company has over 200 stores in Mexico and the United States.
The company is best known for its wide variety of ice cream flavors, as well as its fresh fruit cups and paletas (Mexican ice pops). La Michoacana is also popular for its raspado, a shaved ice dessert topped with fruit syrup and condensed milk.
3. The Current Owner of La Michoacana
Who is the owner of La Michoacana?
This is a question that has been debated for years, with no clear answer. La Michoacana is a Mexican ice cream chain that has been in operation since the early 1940s. The company has changed hands several times over the years, and its current ownership is unclear.
There are several theories about who currently owns La Michoacana. One theory is that it is owned by a Mexican conglomerate called Grupo LALA. LALA is a major player in the Mexican food industry, and it is rumored that they bought La Michoacana in the early 2000s. However, LALA has never confirmed or denied this rumor.
Another theory is that La Michoacana is actually owned by the Mexican government. This theory arose due to the fact that the company has been very successful in expanding its operations into other countries, including the United States. The Mexican government is known to be supportive of businesses that help to promote Mexican culture abroad.
However, the most likely theory is that La Michoacana is currently owned by a holding company called Grupo Posadas. Posadas is a Mexican company that owns a number of hotel and resort chains, as well as a minority stake in the Mexican airline Aeromexico. It is believed that Posadas bought La Michoacana in the late 1990s, and has since been quietly expanding the company’s operations.
Regardless of who currently owns La Michoacana, the company remains one of the most popular ice cream brands in Mexico. It is known for its wide variety of flavors, as well as its unique packaging. La Michoacana is also one of the few ice cream brands that are still made using traditional methods.
4. The Future of La Michoacana
The future of La Michoacana is looking bright! The company is currently owned by Mexican billionaire Ricardo Salinas Pliego, who is also the owner of Grupo Elektra, one of the largest retailers in Latin America. Salinas Pliego has big plans for La Michoacana, and has stated that he plans to grow the company into a global brand. In addition to expanding the company’s reach, Salinas Pliego also plans to modernize the chain, and has already begun investing in new technology and store renovations. With its new owner’s backing, La Michoacana is poised to become a major player in the global ice cream market.