Grupo Empresarial Ángeles (GEA) is a Mexican corporation owned by
Olegario Vázquez Raña and founded in 1998. It owns assets in the communications, healthcare, tourism and financial services industries.
Its director general is
Olegario Vázquez Aldir
Olegario Vázquez Aldir (born April 28, 1972, Mexico City) is a Mexican businessman and the director general of Grupo Empresarial Ángeles. With an estimated private net worth of 5.6 billion dollars as of 2022.
Life
Vázquez Aldir was born to Oleg ...
.
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 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 Me ...
'', a national-circulation newspaper; Imagen Radio, a national radio network along with other stations; the
Imagen Televisión national network, and Excélsior Televisión, a cable news outlet carried over the air on
XHTRES-TDT in Mexico City. It also owns
Querétaro FC, 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
Camino Real Hotels is a Mexican-based hotel chain that operates 18 hotels in Mexico.
History
The first hotel to use the Camino Real name was the Camino Real Guadalajara, opened in 1958. The name of the hotel was taken from that given by 16th ce ...
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
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{{DEFAULTSORT:Grupo Empresarial Angeles
Mexican companies established in 1998