The Canary Islands business community has taken a strategic step to safeguard its influence and investment capacity with the creation of a new financial giant. Under the name Socios Inversores Canarios (Canary Islands Investors Partners), a structure designed for the management and oversight of large shareholdings was officially launched on January 28, 2026, with an initial capital of €100.000 and headquarters on Luis Correa Medina Street in Las Palmas de Gran Canaria.
The interesting thing is the twist: It would be capital from companies in the Canary Islands that are heavily subsidized by the State, which, instead of reinvesting in their businesses, would generate other, but financial, investments. They would move in and out of products or investments like someone entering and leaving a fairground ride as tax obligations were met. This would highlight that, with the exception of Acosta Matos, which has just entered the corporate world and is already more profitable than firms like Lopesan, the demise of tax incentives like the AIEM or the RIC would represent State Aid in its final stages because the EU knows what's happening, and the Canary Island capital that would benefit is imprudent in its dealings.
What truly gives weight to this new financial product from this new entity is the "who's who" of its board of directors. It's a strategic alliance between the main economic drivers of the Canary Islands. The food giant Dinosol Supermarkets (HiperDino) assumes the presidency, represented by Javier Puga, while the vice-presidency goes to Positivo Expansión, headed by José Luis León Eugenio. This union is not a mere administrative formality, but an unprecedented concentration of financial power in the archipelago. Chhabria, opaque in his attempts to get the highly specialized press in southern Gran Canaria to do its job, is leading the operation.
Positivo Expansión is a holding company that benefits from the AIEM (Integrated Logistics and Services Tax). It includes Aguas Minerales de Firgas, represented by José Luis León Eugenio, and Destilerías Arehucas, represented by Rafael Méndez. Miguel Saavedra Alvarado also serves as a board member, forming a management body that unites leading companies in the food and beverage sector under a single logistics umbrella. With its registration completed in November 2025, this company is positioned to control the entire supply chain for its members, from freight transport to resource management, consolidating its own service pool in contrast to external operators.
The board is completed by other prominent names that confirm the company's multi-sectoral nature. These include the Alisio Canarias Inversiones Group (linked to the Artiles family), the Acosta Matos Group, a leader in the real estate and services sectors, and Fund Grube, a distributor of cologne and tobacco for tourists, represented by Dhiraj Chhabria. Lawyer Carlos Gabriel Saavedra Rodríguez del Palacio has been appointed as non-board secretary, completing a top-tier legal and executive team. The company's stated purpose leaves no doubt about its ambitions: it will not only manage and oversee corporate holdings, but also the human and material resources of other entities. With its final registration in the Mercantile Registry on February 11, Socios Inversores Canarios positions itself as a "super manager" of local capital, ready to intervene in the ownership structure of companies of any kind and consolidate Canarian control over strategic investments in the Islands.
