COMPANY·HISTORIES

Mexico

Companies based in Mexico, and the events that shaped them.

50companies1864–1998founding years49still active1no longer operating
§ 01

Mexico companies over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedGrupo Financiero Serfin, S.A.
1864
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedCEMEX S.A. de C.V.
1906
FoundedVitro Corporativo S.A. de C.V.
1909
1914
EconomyWorld War I begins; global trade reorders.
FoundedGrupo Modelo, S.A. de C.V.
1925
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedGrupo Industrial Saltillo, S.A. de C.V.
1930
FoundedCasa Cuervo, S.A. de C.V.
1934
FoundedPetroleos Mexicanos
1938
1939
EconomyWorld War II begins; wartime production surges.
FoundedCelanese Mexicana, S.A. de C.V.
1944
FoundedSears Roebuck de México, S.A. de C.V.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedConsorcio G Grupo Dina, S.A. de C.V.
1951
FoundedControladora Comercial Mexicana, S.A. de C.V.
1957
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedGrupo Mexico, S.A. de C.V.
1965
FoundedOrganización Soriana, S.A. de C.V.
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedDesc, S.A. de C.V.
1973
EconomyThe OPEC oil embargo triggers a global shock.
FoundedGrupo Industrial Durango, S.A. de C.V.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
FoundedGrupo Carso, S.A. de C.V.
1980
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedGrupo Gigante, S.A. de C.V.
1983
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
TechnologyLinux and open source challenge proprietary software.
FoundedTV Azteca, S.A. de C.V.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1994
TechnologyE-commerce begins to disrupt retail.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Corporación Internacional de Aviación, S.A. de C.V. (Cintra) →
Active · Mexico
Founded: 1921 as Compañia Mexicana de Transportación Aérea Employees: 15,540 Sales: $1.69 billion (1996) Stock…
Corporación Internacional de Aviación, S.A. de C.V. (Cintra) →
Active · Mexico
Founded: 1921 as Compañia Mexicana de Transportación Aérea Employees: 15,540 Sales: $1.69 billion (1996) Stock…
Grupo Financiero Banamex S.A. →
Active · Mexico
Founded:1884 as Banco Nacional de Mexico Employees: 38,000 Total Assets: $33.0 billion (2001) NAIC:522110 Commercial…
Grupo Industrial Bimbo →
Active · Mexico
Founded: 1965 Employees: 44,087 Sales: 10.16 billion pesos ($1.49 billion, 1995) Stock Exchanges: Mexico City SICs:…
Industrias Bachoco, S.A. de C.V. →
Active · Mexico
Founded:1952 Employees: 11,215 Sales: 5.64 million pesos ($595.2 million) Stock Exchanges: Mexico City New York (for…
Industrias Penoles, S.A. de C.V. →
Active · Mexico
Founded: 1887 as Compania Minera de Penoles Employees: 8,333 Sales: 5.75 billion pesos (US$845.6 million) (1995) Stock…
Internacional de Ceramica, S.A. de C.V. →
Active · Mexico
Founded: 1978 Employees: 3,178 Sales: $300 million (2002) Stock Exchanges: Mexico City New York (for American…
Telefonos de Mexico S.A. de C.V. →
Active · Mexico
Founded: 1947 Employees: 63,775 Sales: $10.4 billion (2003) Stock Exchanges: New York Bolsa Mexicana de Valores Ticker…
Grupo Financiero Serfin, S.A. →
Active · founded 1864 · Mexico
Grupo Financiero Serfin, S.A.
Grupo Financiero Banorte, S.A. de C.V. →
Active · founded 1899 · Mexico
Grupo Financiero Banorte, S.A.
CEMEX S.A. de C.V. →
Active · founded 1906 · Mexico
CEMEX S.A.
Sanborn Hermanos, S.A. →
Active · founded 1907 · Mexico
Best known in the United States as the American tourist's home away from home in Mexico, Sanborn Hermanos, S.A.
Vitro Corporativo S.A. de C.V. →
Active · founded 1909 · Mexico
Vitro Corporativo S.A.
Grupo Herdez, S.A. de C.V. →
Active · founded 1923 · Mexico
Grupo Herdez, S.A.
Ford Motor Company, S.A. de C.V. →
Active · founded 1925 · Mexico
Ford Motor Company, S.A.
Grupo Modelo, S.A. de C.V. →
Active · founded 1925 · Mexico
Grupo Modelo, S.A.
Kimberly-Clark de México, S.A. de C.V. →
Active · founded 1925 · Mexico
Kimberly-Clark de México, S.A.
Grupo Industrial Saltillo, S.A. de C.V. →
Active · founded 1930 · Mexico
Ticker Symbols: GISSA; GISX F NAIC: 327111 Vitreous China Plumbing Fixtures and China and Earthenware Fittings of…
Grupo Financiero BBVA Bancomer S.A. →
Active · founded 1932 · Mexico
Total Assets: ($40.8 billion) (2002) Stock Exchanges:Mexico City OTC (ADRs) Ticker Symbols:GFBBO; GFBW Y NAIC:522110…
Casa Cuervo, S.A. de C.V. →
Active · founded 1934 · Mexico
Casa Cuervo, S.A.
Valores Industriales S.A. →
Active · founded 1936 · Mexico
The holding company Valores Industriales S.A.
Grupo Casa Saba, S.A. de C.V. →
Active · founded 1937 · Mexico
Ticker Symbols: SAB; ATY NAIC: 42221 Drug, Drug Proprietaries and Druggists' Sundries Wholesalers; 42241 General Line…
Petroleos Mexicanos →
Active · founded 1938 · Mexico
Petroleos Mexicanos (Pemex) is Mexico's largest enterprise in terms of total sales, total assets, personnel employed,…
Hylsamex, S.A. de C.V. →
Active · founded 1943 · Mexico
Ticker Symbols: HYLSAMX; NYLMB YP NAIC:21221 Iron Ore Mining; 331111 Iron & Steel Mills Hylsamex, S.A.
Celanese Mexicana, S.A. de C.V. →
Active · founded 1944 · Mexico
Celanese Mexicana, S.A.
Grupo Cydsa, S.A. de C.V. →
Active · founded 1945 · Mexico
Grupo Cydsa, S.A.
Sears Roebuck de México, S.A. de C.V. →
Active · founded 1945 · Mexico
Sears Roebuck de México, S.A.
Empresas ICA Sociedad Controladora, S.A. de C.V. →
Active · founded 1947 · Mexico
Empresas ICA Sociedad Controladora, S.A.
Grupo Elektra, S.A. de C.V. →
Active · founded 1950 · Mexico
Ticker Symbols: ELEKTRA; EKT NAIC: 44211 Furniture Stores; 443111 Household Appliance Stores; 443112 Radio, Television…
Consorcio G Grupo Dina, S.A. de C.V. →
Active · founded 1951 · Mexico
Ticker Symbols: DINA; DIN (ADRs) NAIC:325211 Plastics Material and Resin Manufacturing; 33612 Heavy Duty Truck…
Tubos de Acero de Mexico, S.A. (TAMSA) →
Active · founded 1952 · Mexico
Ticker Symbols: TAMSA TAM NAIC: 331111 Iron and Steel Mills; 33121 Iron and Steel Pipes and Tubes Manufacturing from…
Controladora Comercial Mexicana, S.A. de C.V. →
Defunct · founded 1957 · Mexico
Ticker Symbols: COMERCI; MCM (GDRs) NAIC: 44511 Supermarkets and Other Grocery Stores; 45299 All Other General…
Grupo TMM, S.A. de C.V. →
Active · founded 1958 · Mexico
Ticker Symbols: TMM A and TMM L (Mexico City) TMM and TMM/L (New York) NAIC: 482110 Line-Haul Railroads; 494230…
Grupo Mexico, S.A. de C.V. →
Active · founded 1965 · Mexico
Grupo Mexico, S.A.
Grupo Posadas, S.A. de C.V. →
Active · founded 1967 · Mexico
Grupo Posadas, S.A.
Gruma, S.A. de C.V. →
Active · founded 1971 · Mexico
Gruma, S.A.
Organización Soriana, S.A. de C.V. →
Active · founded 1971 · Mexico
Organización Soriana, S.A.
Grupo Televisa, S.A. →
Active · founded 1972 · Mexico
1920s:Emilio Azcarraga Vidauretta opens one of Mexico's first radio stations.
Desc, S.A. de C.V. →
Active · founded 1973 · Mexico
Desc, S.A.
Alfa, S.A. de C.V. →
Active · founded 1974 · Mexico
Alfa, S.A.
Grupo Industrial Durango, S.A. de C.V. →
Active · founded 1975 · Mexico
Grupo Industrial Durango, S.A.
Bufete Industrial, S.A. de C.V. →
Active · founded 1977 · Mexico
Bufete (or Grupo Bufete) Industrial, S.A.
Editorial Television, S.A. de C.V. →
Active · founded 1979 · Mexico
Editorial Television, S.A.
Grupo Carso, S.A. de C.V. →
Active · founded 1980 · Mexico
Grupo Carso, S.A.
Real Turismo, S.A. de C.V. →
Active · founded 1980 · Mexico
Real Turismo, S.A.
Grupo Gigante, S.A. de C.V. →
Active · founded 1983 · Mexico
Ticker Symbols: GIGANTE; GBGTY NAIC: 44511 Supermarkets and Other Grocery Stores; 45299 All Other General Merchandise…
Wal-Mart de Mexico, S.A. de C.V. →
Active · founded 1984 · Mexico
Wal-Mart de Mexico, S.A.
TV Azteca, S.A. de C.V. →
Active · founded 1993 · Mexico
TV Azteca, S.A.
Grupo Transportación Ferroviaria Mexicana, S.A. de C.V. →
Active · founded 1996 · Mexico
Grupo Transportación Ferroviaria Mexicana, S.A.
Grupo Aeropuerto del Sureste, S.A. de C.V. →
Active · founded 1998 · Mexico
Ticker Symbols: ASUR NAIC: 488112 Airport Operations, except Air Traffic Control; 531190 Lessors of Other Real…
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