Eduardo Robayo, founder of Kokoriko and pioneer of roasted chicken in Colombia, passed away

TL;DR

Eduardo Robayo, founder of Kokoriko, has died.
He was a key figure in developing the roasted chicken business in Colombia.
Robayo started his business career in the late 1960s, co-founding Avesco and the first restaurant 'La Colonia' in Bogotá.
The Kokoriko brand was established in Cali in 1971 and grew to over 100 outlets nationwide.
The Robayo family expanded into the financial sector, acquiring Diners Club and later Banco Superior, which was integrated into Davivienda.
They also invested in pension funds and other ventures, creating a multi-sector business portfolio.
In 2000, they acquired Helados Mimo’s and created the Conboca group.
In 2017, the group Inmaculada Guadalupe y Amigos (IGA) was formed, uniting various gastronomic brands.
Robayo's legacy includes transforming a segment of Colombia's consumption and consolidating a business group with a presence in multiple economic sectors.

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