Grupo Bafar, S.A.B. de C.V.

Grupo Bafar, S.A.B. de C.V.

GBFBF
Grupo Bafar, S.A.B. de C.V.US flagOther OTC
2.60
USD
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1.06BMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Oscar Eugenio Baeza Fares
Full Time Employees
11,625
Sector
Consumer Defensive
Industry
Packaged Foods
Address
Crta Chihuahua a Cuauhtemoc Km. 7.5 Chihuahua CI Mexico 31450
IPO Date
Aug 12, 2021
Business
Grupo Bafar, S.A.B. de C.V. operates as a Mexico-based holding company primarily engaged in the food industry, producing and selling a diversified range of food products including packaged meats, chicken, turkey, nuggets, tenders, pork products, beef, salchichon, pork and cheese products, sausages including hams and bacon under various brands such as Parma, Sabori, Country, Griller's, Montebello, Bafar, Burr, Ponderosa, Perry, and Three Castles. The company operates through several divisions including Consumer Products, Retail, International, New Fiber, Vector, Insurance, B Insurance, and Flycapital. It also manages retail operations with store chains like BIF, Carnemart, and La Pastora, and is involved in acquiring, developing, and leasing real estate properties. Additionally, Grupo Bafar provides microcredit and business loans targeted at commercial, agricultural, and livestock sectors, alongside offering insurance services and investment solutions for small and medium-sized enterprises. Founded in 1983 and headquartered in Chihuahua, Mexico, the company serves both national and international markets. Recently, Grupo Bafar has reported sustained growth driven by innovation, digitalization, and expansion strategies across all its divisions. Key developments include the implementation of advanced technological tools such as Salesforce for commercial teams, the creation of a Data Lake, and the establishment of an analytical community to support future artificial intelligence applications. The food division has expanded with new store openings primarily under the CMT model and a focus on higher value-added products, leading to significant increases in sales and operating profit. The agro-industrial segment has seen an 81% increase in wine production year-on-year, alongside the progress of the Valle de los Encinos tourist and agro-industrial complex, set to commence operations soon. Investment has been heavily directed towards automation in new distribution centers in El Paso and La Paz, and expansion of logistics centers in Chihuahua, enhancing supply chain efficiency and capacity. The financial division has strengthened its support for SMEs through microcredit and factoring solutions, backed by digital tools like B Cash. These initiatives collectively reinforce Grupo Bafar's diversification and growth strategy while maintaining financial stability and operational efficiency.