- CEO
- Engineer Antonio Gomez Garcia
- Full Time Employees
- 97,378
- Sector
- Industrials
- Industry
- Conglomerates
- Address
- Plaza Carso, Edificio Frisco Mexico City DF Mexico 11529
- IPO Date
- Nov 18, 1996
- Business
- Grupo Carso, S.A.B. de C.V. (GPOVY) operates as a diversified Mexican conglomerate with primary activities spanning commercial and retail; industrial and manufacturing; infrastructure and construction; and energy sectors. The company offers department stores, boutiques, gift shops, restaurants, coffee shops, electronics, technology, music, and cosmetics through Grupo Sanborns brands including Sanborns, Sears Mexico, DAX, iShop, and Mixup; manufactures cables for electrical, telephony, electronic, coaxial, fiber optics, mining, and automotive applications, automotive electrical harnesses, precision steel tubing, power transformers, and alternative energy solutions via Grupo Condumex brands such as Condumex, Latincasa, Vinanel, Condulac, IEM, Precitubo, Sitcom, Microm, Sinergia, Equiter, and Logtec; provides infrastructure services encompassing civil construction, pipeline installation, roads, tunnels, water treatment plants, petroleum platforms, drilling for oil, geothermal, and gas wells, shopping centers, industrial plants, office buildings, housing, telecommunications facilities, gas pipelines, and aqueducts through subsidiaries like CICSA, Swecomex, Bronco Drilling, Cilsa, GSM, PC Construcciones, and Urvitec; and engages in exploration, production, and transportation of oil, gas, hydrocarbons, and electricity under Carso Energy, Carso Oil & Gas, and Carso Electric, including gas services for the Federal Electricity Commission. Founded in 1980 and headquartered in Mexico City, the company conducts operations primarily in Mexico, Central and South America, the Caribbean, the United States, and Europe, with subsidiaries including Grupo Sanborns, S.A.B. de C.V., Grupo Condumex, S.A. de C.V., Carso Infraestructura y Construccion, S.A. de C.V., and Carso Energy, S.A. de C.V. Recent developments include the 2024 acquisition of 100% of PetroBal Operaciones Upstream and an exploration and extraction services contract for the Lakach natural gas project with Pemex; a September 2025 agreement to win the bid for construction and design of 111 kilometers of the Saltillo-Nuevo Laredo Passenger Train segments 13-14; plans for approximately $800 million in capital expenditures in 2025 focused on energy, hydrocarbons, industrial operations including Elementia/Fortaleza, and retail expansions such as 10 new DAX-format stores and four to five iShop locations; and a 2025 commitment exceeding $1.2 billion in the energy sector.