In 1910, CMM was established by late Cosme Matias Menezes with the opening of a drugstore in Panaji, the capital of Portuguese ruled Goa. The drugstore expanded to two, then three. It grew and multiplied into many all over Goa to become the biggest importer after Shell in pre-liberation Goa for brands like Ciba, Sandoz, Eli Lilly, Johnson & Johnson and many others.
In the 1960's, with the liberation of Goa and its amalgamation into India, the group diversified from trading into manufacturing through joint ventures with leading multinational companies such as Beiersdorf AG, Germany, Shulton Inc., USA and Carter Wallace Inc., USA. In 1963 the foundation stone for the first manufacturing plant in Goa was laid; the plant went on stream in 1967.
Over the next three decades, the Group grew and expanded to employ several thousand people to manufacture & market numerous branded products across India, such as Old Spice cosmetics & Hansaplast plasters. In the mid 1990's, the Group was divided among the third generation of the Menezes family.
The CMM Group is in the medical devices, consumer plaster, logistics, distribution, retail and infrastructure business and operates through a number of wholly owned or joint venture companies, with reputed multinational partners such as Beiersdorf AG and BSN Medical.
The group has numerous market leading products in the segments that it operates, with world leading technologies in medical devices and consumer plasters being produced at state of the art manufacturing plants.
In addition, the group works closely with numerous multinationals such as P&G, Nestle, Reckitt Benckiser etc. to provide services across multiple areas. In 2018-19, the turnover of the group was approximately Rs. 750 crores and employed around 2000 people across India.