Fastest growing companies in Colombia

The paper manufacturer C&B Papeles de Colombia, headquartered in Bogotá, was the fastest growing Colombian company between 2018 and 2021. In that period, C&B's revenue experienced a compound annual growth rate (CAGR) of nearly 372 percent. Erwin Castro Salgado, a construction company, ranked second with a CAGR of above 162 percent.

Fastest growing companies in Colombia between 2018 and 2021 based on compound annual revenue growth

Characteristic	CAGR
C&B Papeles de Colombia	372%
Erwin Castro Salgado	162%
Digital Content	125%
El Kiosco del Regalo	124%
GLE Colombia	122%
Parameta	116%
Masiv	94%
FarmaPOS	82%
Organización MAS	77%
CFD INGENIERIA	58%

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Release date

March 2023

More information

Region

Colombia

Survey time period

2018 to 2021

Special properties

including only companies headquartered in Colombia*

Supplementary notes

* To be included in the list of the Americas’ fastest-growing companies, a company had to meet the following criteria:

• Revenue of at least $100,000 generated in 2017 (or currency value equivalent according to the average of the actual fiscal year).
• Revenue of at least $1.5m generated in 2020 (or currency value equivalent according to the average of the actual fiscal year).
• An independent entity (not a subsidiary or branch office of any kind).
• Revenue growth between 2017 and 2020 that was primarily organic (i.e. "internally" stimulated).
• Headquartered in one of 20 American countries.

Additional information about the methodology can be found in the last section of the article.

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