Grupo Carso
Grupo Carso S.A.B. de C.V. is a Mexican global conglomerate company owned by Carlos Slim. It was formed in 1990 after the merger of Corporación Industrial Carso and Grupo Inbursa. The name Carso stands for Carlos Slim and Soumaya Domit de Slim, his wife.
In May 2014, the conglomerate had a stock market capitalisation of over $12 billion US dollars.
In 1996, Carso Global Telecom separated itself from Grupo Carso.
Divisions
Industrial and manufacturing
As of 2023, 31% of sales, 34% of operating income.- Grupo Condumex
- * products: cables, automotive electrical harnesses, precision steel tubing, power transformers, alternate energy
- * brands: Condumex, Latincasa, Vinanel, Condulac, IEM, Precitubo, Sitcom, Microm, Sinergia, Equiter, Logtec
Commercial
As of 2023, 52% of sales, 41% of operating income.- Grupo Sanborns
- *DAX cosmetics stores
- *iShopMixup electronics and music stores
- *Sanborns restaurants and stores
- *Sears Mexico
Infrastructure and construction
As of 2023, 19% of sales, 19% of operating income.Provides services to these sectors: chemical and petroleum, installation of pipelines, infrastructure, civil construction, and housing projects
- *Construction of: Roads; tunnels; water treatment plants, and infrastructure works, petroleum platforms and equipment for the chemical and petroleum industries, drilling of oil wells, geothermal wells, and drilling services; shopping centers, industrial plants, office buildings, and housing, telecommunications facilities, gas pipelines and aqueducts
- * Brands: CICSA, Swecomex, Bronco Drilling, Cilsa, GSM, PC Construcciones, Urvitec
Telecommunication
Carso Energy
Participates in the energy and petroleum industries. Currently it performs gas transportation services for the Comisión Federal de Electricidad . Pursues business opportunities arising from the energy reform laws in Mexico and other countries.Their main brands are Carso Energy, Carso Oil & Gas and Carso Electric.
Research & revelopment
- CIDEC, Querétaro
- *Jurica unit - focuses on research and development projects. Has laboratories and pilot plants that enable manufacture of prototypes and implementation of technologies that will later be scaled and transferred to the operations of Grupo Carso.
- *Technical center: in charge of developing electrical and electronic systems, requested by different automobile manufacturers, as well as embedded software development mainly for automotive applications.