CARLOS MIER Y TERÁN | MAESTRIA para RESTAURANTEROS | CRACKS PODCAST #339

7 Jul 2025 · 122 min
2:02:18

This Spanish Cracks Podcast interview (host Oso Trava) with Carlos Mier y Terán follows his arc from Olympic alpine skier to founder of Grupo Meet. Carlos recounts the company’s rapid pre-pandemic expansion (13 new points of sale, a 1,200 m² Cocina Abierta seating 460), the shock of 23 March 2020 closures (sales falling from ~100% to ~14%), and intensive crisis-management focused on employee health and company viability. He describes solidarity measures (‘Comes tú, Comemos todos’ pre-purchase campaign), delivery/dark-kitchen innovation (≈40 dark kitchens, creating multiple delivery brands) that recovered ~55% of pre-pandemic sales and enabled financing against delivery cashflows. He summarizes post-pandemic growth (CAGR ≈61% from 2022–2024 and reported EBITDA ≈35%), the 2019 L Catterton investment (majority stake) and plans for a management buyout (MBO) to repurchase the fund’s stake with long-term investors. Recurring themes: resilience, process-focused leadership, hospitality as mission, solidarity with employees, innovation under pressure, and platform strategy for acquiring/supporting independent restaurateurs.

Questions this video answers

23 March 2020

From ~100% to ~14% of prior sales

Approximately 1,372 people

About 1,200 m² and 460 seats

Around 40 dark kitchens

Chapters

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