It included the cigarette company Tabacalera del Este (Tabesa), as well as beverage, banking, agricultural, transportation and trading interests.
In 2023, U.S. ambassador to Paraguay Marc Ostfield announced that the Office of Foreign Assets Control banned doing financial operations in American dollars of any kind to Horacio Cartes and his enterprise.
Cartes passed shares in the businesses to his legal heirs as an advance on their inheritance, with each new company group(s) operating autonomously.
[citation needed] Recent additions include the Sporting Life store (2009) selling sporting goods for tennis, paddle, squash and table tennis on Calle San Martin 2015 c / Molas López, Neighborhood Carmelites in Asuncion and in 2009 Paraguay Multimodal Transport SA (Transporte Multimodal del Paraguay S.A.), a business logistics company.
Maximum Ravenna treating obesity and other eating disorders; the restaurant Petit Bistro for service meats through Younique Goddard Catering; and Medical Spa for beauty treatment.