Mexico is a growth-minded country that’s aimed to build up its domestic enterprises. The country’s economic and geopolitical policies have enabled companies to flourish by leveraging both local and foreign customers. Meanwhile, many international companies have pumped millions into the economy by establishing operations in the country with the world’s largest Spanish-speaking population. Here are some of Mexico’s top companies.
Largest Companies in Mexico to Know
- Walmart
- Banorte
- America Movil
- Grupo Bimbo
- Grupo Televisa
Largest Companies in Mexico
America Movil provides mobile and internet services throughout Mexico, Latin America and Europe. The telecommunications company operates under the Telcel and Telmex brands, and has over 80,000 subscribers. Its headquartered in Mexico City.
Walmart operates under its subsidiary Walmex, which has a significant presence throughout Mexico. Walmex operates over 2,800 stores and owns several other retail brands. It provides many of the same retail and online shopping experiences as its American counterpart.
Headquartered in Monterrey, Banorte is one of the country’s largest commercial banks. The bank offers everything from savings accounts to commercial and mortgage loans. It has a large network of regional branches and ongoing partnerships with retailers to process cash deposits.
Groupo Televisa is a mass media corporation known for scripted programming and news broadcasts. The company once had a news publication arm but is now best known for its famous TV brands, such as TUDN, N+ and Las Estrellas.
Q2 is a financial experience company offering digital banking and lending solutions to banks, credit unions, alternative finance and fintech companies. The company enables its partners to provide cohesive, secure data-driven experiences to consumer, small business and corporate account holders.
Mondelez International produces snack and drink brands that are available in more than 150 countries. Its portfolio includes several globally-recognized names such as Trident, Oreo, Ritz, Chips Ahoy! and Tang. The company has a significant presence in Mexico that includes a research and development center and a Puebla-based chewing gum production plant.
Warner Bros. Discovery is a major player in the media and entertainment industry and maintains operations in several different countries. The company has established a Mexico Capability Center that it says supports international efforts “to move with speed, deliver results and create what’s next.”
In Mexico, General Motors develops a number of vehicles and components alongside commercial strategies for both the local market and for export. As a household name in car manufacturing, it operates a number of facilities throughout Mexico. In addition to its four manufacturing complexes, GM also runs corporate offices and a regional engineering and customer service center in the country.
Grupo Bimbo is one of Mexico’s largest food producers. The group is the parent company of many popular brands, such as Takis, Sara Lee and Little Bites. Headquartered in Mexico City, Groupo Bimbo has an international presence with bakeries and distribution centers throughout North America and Europe.
Arrow Electronics offers technology solutions to over 220,000 leading tech manufacturers and service providers. It offers tech companies the materials they need to build their designs, as well as engineering support, customized designs and technology platform solutions. The Fortune 500 company has its Mexican office in Zapopan, Jalisco.
McDonald’s is a food service retailer with over 37,000 locations in more than 100 countries. The company works to feed and foster communities while making a positive impact on the world. It focuses on addressing issues like climate and sustainability and food quality and responsible sourcing.
Magna International is an automotive manufacturer that builds technologies, systems and concepts to make vehicles safer and cleaner. It operates more than 135 manufacturing facilities throughout Canada, Mexico and the U.S. and employs over 77,000 people across the continent. The company is working to lead a drastic shift in North America’s largest manufacturing industry.
