By French Edition 
Grupo México, S.A.B. de C.V. is a prominent Mexican conglomerate with a diverse portfolio that includes mining, transportation, infrastructure, and social initiatives through its Fundación Grupo México. As a leading global copper producer, the company plays a significant role in the mining sector, while its transportation division boasts the largest railway coverage in Mexico and extends into key regions of the United States. Grupo México is recognized as the fourth largest company in Mexico, with a market capitalization of approximately $27.3 billion, reflecting its substantial impact on the national and international economic landscape.
The company has recently reported impressive financial performance, with a notable 57% increase in profits in the first quarter, driven by robust sales of silver and zinc. This financial success is indicative of Grupo México's effective operational strategies and its ability to adapt to market demands. Additionally, the company is expanding its infrastructure capabilities through strategic partnerships, such as the recent agreement with Global Infrastructure Partners to combine power generation assets, further enhancing its position in the energy sector. Grupo México continues to focus on sustainable development and community support, demonstrating a commitment to both economic growth and social responsibility.
Sources: Encyclopedia, company website, news coverage.
Leadership & Board
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Germán Larrea Mota-Velasco
— Chairman, President & CEO (controlling shareholder)
Chairman, president and CEO of Grupo México since 1994 (a director since 1981) and the company's controlling shareholder through family holdings. He also chairs Southern Copper Corporation (since 1999) and Grupo Ferroviario Mexicano, and is among Latin America's wealthiest individuals.
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Oscar González Rocha
— Director; President & CEO of Southern Copper
A UNAM-trained civil engineer and one of Grupo México's most senior mining executives, he served as a director of Grupo México (from 2002) and as president (from 1999) and president and CEO (from 2004) of Southern Copper, also leading Americas Mining Corporation and ASARCO. He was inducted into the American and Mexican Mining Halls of Fame and died in April 2026.
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Xavier García de Quevedo Topete
— Director
A chemical engineer (UNAM) and long-serving Grupo México executive who rose to vice president of the board and director of administration and finance, and served as a director of Southern Copper and the group's railways. He presided over Mexico's mining chamber Camimex (2006–2009) and died in October 2023.
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Carlos Ruiz Sacristán
— Independent Director
A Mexican executive and former public official who served as Secretary of Communications and Transportation under President Ernesto Zedillo (1994–2000). He later chaired IEnova and led Sempra's North American infrastructure group, and has been a director of Southern Copper since 2004. He holds a business degree from Universidad Anáhuac and a master's from Northwestern.
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Vicente Ariztegui Andreve
— Independent Director
A Mexican financier who founded the investment firm Aonia Holding (1989) and previously built and led metals-and-minerals trader MK Metal Trading until its 2012 sale. Earlier a corporate banker at Citibank in New York and Mexico City, he serves as an independent director of Southern Copper. He holds an MBA from Wharton.
Grupo México has received approval from the European Union for its acquisition of Saavi in Mexico, in partnership with BlackRock. This development may enhance Grupo México's operational capabilities and market position. Additionally, Southern Copper, a subsidiary of Grupo México, is set to deploy its first Komatsu Autonomous Haulage System trucks at the Tia Maria project in Peru, which could improve efficiency and productivity in its mining operations.