About Grupo Carso
Grupo Carso is a company based in Mexico City (Mexico) founded in 2003 was acquired by Philip Morris International in July 2007. It operates as a Reseller / Distribution, and Professional Services. Grupo Carso has completed 1 acquisition, including PetroBal. Grupo Carso offers products and services including Grupo Sanborns, Grupo Condumex, Carso Infraestructura y Construcción, and Carso Energy.
- Headquarter Mexico City, Mexico
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grupo Carso
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$415.4 M (USD), Debt – Conventional
Jun 08, 2018
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Investors
Philip Morris International
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Philip Morris International
(Jul 17, 2007)
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Products & Services of Grupo Carso
Grupo Carso offers a comprehensive portfolio of products and services, including Grupo Sanborns, Grupo Condumex, Carso Infraestructura y Construcción, and Carso Energy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Retail services are provided through various store formats.
Cables and automotive products are manufactured for diverse markets.
Infrastructure and construction projects are executed across multiple sectors.
Energy solutions are developed for sustainable power generation.
Funding Insights of Grupo Carso
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $415.4M
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First Round
First Round
(08 Jun 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Debt – Conventional - Grupo Carso | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Grupo Carso
Grupo Carso has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Philip Morris International and BBVA México. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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BBVA México is engaged in providing banking and financial services.
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Founded Year | Domain | Location | |
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Multi-category tobacco products, including cigarettes and heated options, are manufactured.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grupo Carso
Grupo Carso has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PetroBal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Hydrocarbons exploration and production services are provided by PetroBal.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Grupo Carso
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grupo Carso Comparisons
Competitors of Grupo Carso
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Grupo Carso
When was Grupo Carso founded?
Grupo Carso was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Where is Grupo Carso located?
Grupo Carso is headquartered in Mexico City, Mexico.
Who is the current CEO of Grupo Carso?
Carlos Slim Helu is the current CEO of Grupo Carso.
What does Grupo Carso do?
Grupo Carso is recognized as one of the largest conglomerates in Latin America, with operations spanning multiple sectors. Retail services are provided through Grupo Sanborns, while manufacturing of cables and automotive products is handled by Grupo Condumex. Infrastructure and construction projects are managed under Carso Infraestructura y Construcción, and energy solutions are developed by Carso Energy. With 41 years of experience, the conglomerate comprises 268 companies, focusing on sustainable growth and innovation across diverse industries.
What products or services does Grupo Carso offer?
Grupo Carso offers Grupo Sanborns, Grupo Condumex, Carso Infraestructura y Construcción, and Carso Energy.
How many acquisitions has Grupo Carso made?
Grupo Carso has made 1 acquisition, including PetroBal.
Who are Grupo Carso's investors?
Grupo Carso has 2 investors. Key investors include Philip Morris International, and BBVA México.
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