Finca Nuevo México was founded in 1964 by Don Ricardo Baumann, who emigrated to Mexico from Germany in 1927. Don Ricardo Baumann, a mechanic by trade, offered his services to various coffee farms in the Soconusco region of Chiapas after arriving in Mexico. Over the years, with the experience and knowledge gained from working on coffee farms, he decided to start his own business and acquired his own land.
Starting in 1955, Don Ricardo Baumann dedicated himself to coffee production, and in 1964, he acquired Finca Nuevo México. In February 1974, Don Ricardo passed away, leaving Finca Nuevo México to his daughter, Ilse Baumann. She convinced her son, Ricardo Ibarra (named after his grandfather), to study agronomy so that he could one day take over the farm.
In 1986, Ricardo Ibarra, grandson of Don Ricardo Baumann, graduated as an agronomist. The day after receiving his diploma, he headed to Chiapas, where he found a nearly abandoned farm with minimal production. A great deal of work was needed.
By 2016, after years of effort and dedication, Finca Nuevo México expanded its coffee plantations and achieved record production yields in the country. Its high productivity and coffee quality brought it fame and allowed the farm to sell its coffee beyond Mexico while continuing to invest in the farm and its infrastructure.