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BrandZ_2015_LATAM_Top50_Report
BrandZ_2015_LATAM_Top50_Report
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MEXICO<br />
BRAND STORIES<br />
TOP 50 MOST VALUABLE LATIN AMERICAN BRANDS 2015<br />
7 8 9 10 11 12<br />
PARENT COMPANY Cemex, SAB de CV<br />
HEADQUARTERS Monterrey<br />
INDUSTRY Cement<br />
YEAR OF FOUNDATION 1906<br />
WEBSITE www.cemex.com<br />
BRAND VALUE US $3,039 million<br />
PARENT COMPANY Grupo Bimbo, SAB de CV<br />
HEADQUARTERS Mexico City<br />
INDUSTRY Food & Dairy<br />
YEAR OF FOUNDATION 1943<br />
WEBSITE www.grupobimbo.com<br />
BRAND VALUE US $2,795 million<br />
PARENT COMPANY El Puerto de Liverpool, SAB de CV<br />
HEADQUARTERS Mexico City<br />
INDUSTRY Retail<br />
YEAR OF FOUNDATION 1847<br />
WEBSITE www.liverpool.com.mx<br />
BRAND VALUE US $2,557 million<br />
PARENT COMPANY Grupo Financiero Banorte,<br />
SAB de CV<br />
HEADQUARTERS Mexico City<br />
INDUSTRY Banks<br />
YEAR OF FOUNDATION 1947<br />
WEBSITE www.banorte.com<br />
BRAND VALUE US $2,207 million<br />
PARENT COMPANY Grupo Financiero Inbursa,<br />
SAB de CV<br />
HEADQUARTERS Mexico City<br />
INDUSTRY Banks<br />
YEAR OF FOUNDATION 1992<br />
WEBSITE www.inbursa.com<br />
BRAND VALUE US $1,940 million<br />
PARENT COMPANY Grupo Salinas SA de CV<br />
HEADQUARTERS Mexico City<br />
INDUSTRY Banks<br />
YEAR OF FOUNDATION 2002<br />
WEBSITE www.bancoazteca.com.mx<br />
BRAND VALUE US $1,533 million<br />
Cemex is a leader in the production<br />
and marketing of concrete, cement<br />
and other building materials.<br />
Cemex is a well known name not only in<br />
Mexico, where it has over 100 years of<br />
history, but also in the rest of the world.<br />
Cemex was a local brand that became<br />
global, and has been involved in projects<br />
around the world: tunnels in America,<br />
highways in Asia, social housing in<br />
South America. As a company, it is<br />
making efforts to become a more<br />
agile competitor capable of meeting<br />
the growing demand for housing and<br />
infrastructure all over the world during<br />
the next four decades.<br />
Bimbo is a brand of huge tradition<br />
and heritage with a presence in the<br />
Mexican market dating back to 1943.<br />
Bimbo’s bakery products are common<br />
features in the diet of many families in<br />
Mexico. The image of the Bimbo bear<br />
and the slogan ‘with love as always’<br />
are widely known by consumers, and<br />
their products reach almost every<br />
store in Mexico through an excellent<br />
distribution network. Bimbo also<br />
has a significant presence abroad as<br />
a result of the expansion of Grupo<br />
Bimbo and its portfolio of over 10,000<br />
products to 22 countries.<br />
Liverpool is a brand of department<br />
stores offering clothing and homewares.<br />
As a brand, its aim is to have people<br />
perceive it as a “part of their lives”. In<br />
order to get closer to consumers, it has<br />
expanded to cover a huge area of the<br />
Mexican territory, innovating with store<br />
formats that coexist with shopping<br />
centers and malls. This is because<br />
Liverpool not only operates its stores,<br />
but also controls their construction so<br />
that it can create appealing formats.<br />
Its income also comes from the lease of<br />
premises and financial leases from loans<br />
granted to consumers.<br />
Banorte is a brand that has become<br />
stronger in recent years, reflecting their<br />
slogan ‘The strong bank of Mexico’.<br />
Banorte is a part of Grupo Financiero<br />
Banorte, a Group that successfully<br />
completed mergers and acquisitions to<br />
become the third largest bank in the<br />
Mexican financial system based on the<br />
size of deposits and credits granted.<br />
But beyond such strategic movements,<br />
this bank (which started operations in<br />
1947 but was created in 1899 with the<br />
organization of ‘Banco Mercantil del<br />
Norte’), has received various accolades,<br />
among which the 2013 Best Commercial<br />
Bank awarded by World Finance and The<br />
Banker stands out.<br />
Banco Inbursa, previously known<br />
as Inversora Bursátil, was formally<br />
created in September 1992.<br />
This was as a result of the government<br />
authorizing the creation of new banks<br />
in order to promote competition in the<br />
financial sector. It is a company of Grupo<br />
Financiero Inbursa, which was created<br />
in 1985. Other subsidiaries of the Group<br />
include Seguros Inbursa, purchased in<br />
1984 when they were known as Seguros<br />
México. Services offered by the Group<br />
include: investment services, insurance,<br />
credit, transportation and pensions.<br />
Back in 2002, Banco Azteca was<br />
created to serve the needs of the lowincome<br />
segment.<br />
The bank began by issuing credit only<br />
and has diversified its products since.<br />
Today it is the bank that issues the<br />
highest volume of personal credit – in<br />
2014 it issued over 60% of the total<br />
volume in Mexico. The strength of<br />
Banco Azteca is based on almost 60<br />
years of credit experience at Grupo<br />
Elektra, its holding company that<br />
was founded in 1950. Banco Azteca<br />
currently operates through Grupo<br />
Salinas’ Stores: Elektra, Salinas & Rocha<br />
and Bodega de Remates which together<br />
account for more than 3,762 direct<br />
customer touchpoints. Recent efforts<br />
point towards targeting the middle<br />
class with very specific products, and<br />
a higher relevance of digital technology<br />
in its offer. This sets a challenge for a<br />
brand that is positioned as serving the<br />
low-income segment, but being a strong<br />
brand with customer service expertise<br />
provides a strong foundation.<br />
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