In 1958 Santiago Hoyos named a company Hebany for producing fashion lingerie.

Since 2007 Hebany has been managed by his daughter Mabel Hoyos. Because of her hard work and determination she made the company branch into 50 international markets from a base in Dubai.

In 2009, the company started producing sunflower oil in Vietnam. The company’s operations expanded into more fields such as Miami from 2011 and in Germany PharmaACT medical from 2015. From 2017, Hebany has owned a gold refinery in Spain and received from Abu Dhabi a licence for trading in precious metals.

Since 2020, it has being exporting medical equipment and biosecurity products to public and private sectors. Hebany continues to expand it’s portfolio of products and investments.