This article's factual accuracy may be compromised due to out-of-date information. (November 2015) |
Company type | Sociedad Anónima Bursátil de Capital Variable |
---|---|
BMV: ALFA A BMAD: XALFA | |
Industry | Conglomerate |
Founded | 1974 |
Headquarters | , Mexico |
Area served | Worldwide |
Key people | Armando Garza (Chairman) Álvaro Fernández (CEO) |
Products | aluminum auto components, petrochemicals, refrigerated foods, oil and natural gas |
Services | IT and telecommunication services |
Revenue | US$ 17.2 billion (2014) |
US$ -119 million (2014) | |
Total assets | US$ 15.8 billion (2014) |
Number of employees | 68,000 |
Subsidiaries | Alpek Nemak Sigma Alestra Newpek |
Website | www.alfa.com.mx |
Alfa S.A.B. de C.V., also known as Alfa or Alfa Group, is a Mexican multinational conglomerate headquartered in Monterrey, Mexico. It is a diversified group of businesses, mainly industrial, that produces petrochemicals, aluminum auto components, and refrigerated foods. It also participates in the extraction of oil and natural gas, and offers IT & telecom services. It is the global leader in the production of engine blocks and cylinder heads for American and European automakers; it is one of the largest PET and PTA producers in North America; and it is also a leader in the distribution of refrigerated foods in Mexico. In 2013, it was the seventh largest company of Mexico according to CNN Expansión.[1]
Alfa has operations in Mexico, the United States and other 21 countries across the Americas, Europe and Asia. As of 2014, its portfolio comprised five businesses: Alpek, the petrochemical company; Nemak, the aluminum auto components company; Sigma Alimentos, the refrigerated foods company; Alestra, the IT & telecom company; and Newpek, the oil and natural gas extraction company.
Alfa is listed on the Mexican Stock Exchange and the Latibex, the Latin American market in the Madrid Stock Exchange. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange, and of the S&P Latin America 40, which includes leading, blue chip companies from Latin America.