Grupo Empresarial Ángeles (GEA) is a Mexican corporation owned by

Olegario Vázquez Raña Olegario Vázquez Raña (born 10 December 1935) is a Mexican entrepreneur, businessman, owner of several companies, and the chairman and principal shareholder of Grupo Empresarial Ángeles. He is married to María de los Angeles Aldir and he is t ...

and founded in 1998. It owns assets in the communications, healthcare, tourism and financial services industries. Its director general is Olegario Vázquez Aldir.

History

GEA was formally founded in 1998 by Vázquez Raña, though its history dates to 1986 and the acquisition of Hospital Humana (now Hospital Ángeles de Pedregal). GEA has grown rapidly through acquisitions, particularly in the 2000s and 2010s. 1999 saw it acquire the Camino Real hotel chain, which formed the cornerstone of its tourism and hospitality business. In 2003, it bought Grupo Imagen. 2006 saw the acquisition of Multiva, its financial services unit, and of the ''Excélsior'' newspaper and channel 28 in Mexico City, the precursor to its

Imagen Televisión Imagen Televisión is a national broadcast television network in Mexico, owned by Grupo Imagen. It launched on October 17, 2016, at 8 p.m. History Imagen on television In 2006, Imagen's parent, Grupo Empresarial Ángeles, acquired XHRAE-T ...

national network. In 2014, GEA, through its Grupo Imagen unit, bought Querétaro FC out of government administration. This came after the previous owner of the team was investigated for bank fraud.

Business sectors

Communications: Grupo Imagen

Grupo Imagen Multimedia is a media conglomerate consisting of ''

Excélsior ''Excélsior'' is a daily newspaper in Mexico City. It is the second oldest paper in the city after '' El Universal'', printing its first issue on March 18, 1917. History ''Excélsior'' was founded by Rafael Alducin and first published in Mexic ...

'', a national-circulation newspaper; Imagen Radio, a national radio network along with other stations; the

national network, and Excélsior Televisión, a cable news outlet carried over the air on

XHTRES-TDT XHTRES-TDT was a full-power television station in Mexico City, Mexico, broadcasting in digital on UHF channel 27. From 2006 to 2015, it was the flagship station of the now defunct network cadenatres and from 2013 to 2020, it was the flagship stati ...

in Mexico City. It also owns

Querétaro FC Querétaro (), officially the Free and Sovereign State of Querétaro ( es, Estado Libre y Soberano de Querétaro, links=no; Otomi language, Otomi: ''Hyodi Ndämxei''), is one of the Political divisions of Mexico, 32 federal entities of Mexico. I ...

, a first-division

Liga MX The Liga MX, officially known as the Liga BBVA MX for sponsorship reasons, is the top professional football division in Mexico, holding 2 tournaments per year. The league is considered the strongest in North America, and among the strongest in a ...

team, and various websites.

Healthcare: Grupo Ángeles Servicios de Salud

GEA began in the hospital industry when it acquired the failing Hospital Humana in 1986. Today, it owns Grupo Ángeles Servicios de Salud, which owns and operates the Hospital Ángeles hospital system composed of 28 hospital facilities across Mexico, 10 of which are in the Mexico City area. Vázquez Aldir considers the hospitals to be the "jewel in the crown" of the conglomerate.

Tourism: Grupo Real Turismo

In 1999, GEA acquired Grupo Real Turismo, which operated the Camino Real Hotels chain, for US$300 million. GEA repositioned it to focus on the business traveler market. GEA also owns two other hotel concepts: Quinta Real, a luxury hotel system, and Real Inn, a mid-tier hotel catering to business travelers. In total, there are 41 hotels with more than 6,800 rooms. The tourism unit traded as a public company until delisting itself from the

Bolsa Mexicana de Valores The Mexican Stock Exchange ( es, Bolsa Mexicana de Valores), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange ...

in June 2016.

Financial services: Grupo Financiero Multiva

Grupo Financiero Multiva was acquired by GEA in 2006. It operates a bank, brokerage firm, insurance company and investment funds.

References

External links

* {{DEFAULTSORT:Grupo Empresarial Angeles Mexican companies established in 1998