29 July 2025
Atitlan Surpasses €300 Million in Revenue and Boosts EBITDA in 2024 Thanks to Its Multisectoral Model
Atitlan Surpasses €300 Million in Revenue and Boosts EBITDA in 2024 Thanks to Its Multisectoral Model

Grupo Atitlan closed the fiscal year 2024 with positive results, reflecting sustained growth and the validation of its multisectoral model. The group of companies and affiliates achieved consolidated revenues of €302 million (+27%), a historic record in the 20 years of the project’s history, a recurring EBITDA of €24 million (+60%), and over €1.5 billion in assets under management.

These figures are the result of several transactions executed during the last fiscal year and the organic expansion of specialized investment platforms: agriculture and food (Elaia, ATGRO, and Sea Eight), real estate (ATDI), industrial and services (including Imex), and financial (mainly Terram Capital). In this way, Atitlan maximizes focus on four major verticals to enhance efficiency and competitiveness.

This progress reflects strong operational performance and the ability to generate sustainable results during a period marked by “significant complexity in the global economic and geopolitical environment,” as stated by founders Roberto Centeno (Chairman) and Aritza Rodero (CEO) in their letter to Atitlan’s stakeholders, where they highlight “adaptability, innovation, and simplicity as the pillars of our growth.”

Assets under management have increased significantly, surpassing €1.5 billion. This growth is linked to two major milestones: first, the creation of the agricultural investment platform ATGRO in partnership with Banco Santander, which will manage a fund of up to €500 million (currently in the commercialization phase); and second, acquisitions made by ATDI in logistics (industrial warehouses) and commercial real estate (CC Equinoccio).

With these results, Atitlan consolidates in 2024 its value creation model through active, diversified, and responsible management, reaffirming its commitment to sustainable business development with a positive impact on the territories and sectors in which it operates. After investing more than €2.2 billion since 2005, the group now employs over 10,000 people and has become a benchmark in the Spanish mid-market.

It is also worth noting that the group’s philanthropic initiatives, focused on access to education and equal opportunities, have broadened their scope significantly to participate in aid and reconstruction efforts following the floods that occurred in Valencia in October 2024. Both Atitlan’s team and its affiliates have actively collaborated and remain involved in various projects.

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