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ALFA (Mexico)

ALFA S.A.B. de C.V.
Public
Traded as ALFA A, BMADXALFA
Industry Conglomerate
Founded 1974
Headquarters Monterrey, 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 Increase US$ 17.2 billion (2014)
Decrease US$ -119 million (2014)
Total assets Increase 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.

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.


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