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MEXICO<br />

BRAND STORIES<br />

TOP 50 MOST VALUABLE LATIN AMERICAN BRANDS 2015<br />

19 20 21 22 23 24<br />

PARENT COMPANY Cervecería Cuauhtémoc<br />

Moctezuma, SA de CV<br />

HEADQUARTERS Monterrey<br />

INDUSTRY Beer<br />

YEAR OF FOUNDATION 1899<br />

WEBSITE www.sol.com.mx<br />

BRAND VALUE US $800 million<br />

PARENT COMPANY Gruma SAB de CV<br />

HEADQUARTERS Mexico City<br />

INDUSTRY Food & Dairy<br />

YEAR OF FOUNDATION 1949<br />

WEBSITE www.gruma.com<br />

BRAND VALUE US $710 million<br />

PARENT COMPANY Impulsora del Desarrollo y<br />

Empleo Industrial, SAB de CV<br />

HEADQUARTERS Mexico City<br />

INDUSTRY Industrial<br />

YEAR OF FOUNDATION 2005<br />

WEBSITE www.ideal.com.mx<br />

BRAND VALUE US $666 million<br />

PARENT COMPANY Grupo Lala, SAB de CV<br />

HEADQUARTERS Durango<br />

INDUSTRY Food & Dairy<br />

YEAR OF FOUNDATION 1949<br />

WEBSITE www.lala.com.mx<br />

BRAND VALUE US $639 million<br />

PARENT COMPANY Grupo Elektra, SAB de CV<br />

HEADQUARTERS Mexico City<br />

INDUSTRY Retail<br />

YEAR OF FOUNDATION 1950<br />

WEBSITE www.grupoelektra.com.mx<br />

BRAND VALUE US $629 million<br />

PARENT COMPANY Grupo Palacio de Hierro,<br />

SAB de CV<br />

HEADQUARTERS Mexico City<br />

INDUSTRY Retail<br />

YEAR OF FOUNDATION 1891<br />

WEBSITE www.palaciodehierro.com.mx<br />

BRAND VALUE US $585 million<br />

“El Sol” was first launched in 1899 as<br />

a popular beer for the working class.<br />

In 1912 the brand was acquired by<br />

Cervecería Moctezuma and its name<br />

changed simply to Sol. In 1980 it began<br />

its successful internationalization in<br />

the United Kingdom, and continued its<br />

expansion to more than 50 countries<br />

in Latin America, Europe, Asia and<br />

the Middle East. Its brand portfolio<br />

comprises several sub-brands such as:<br />

Sol, Sol Cero (first beer to be declared<br />

as non-alcoholic in Mexico), Sol<br />

Clamato (beer with tomato juice) and<br />

Sol Limón (beer with lemon and salt).<br />

Sol’s marketing activities have focused<br />

on sponsoring Mexican soccer clubs<br />

since 1993, but recently it has also<br />

ventured into music festivals.<br />

Maseca is Mexico’s leading corn flour<br />

brand – the base ingredient for tortilla,<br />

one of the country’s food staples.<br />

The brand was launched following<br />

Gruma’s foundation of the first nixtamal<br />

flour facility in the world, in 1949.<br />

Beyond its home territory, Maseca is<br />

also an important player in European,<br />

African and Middle Eastern corn grits<br />

markets. The brand has been built upon<br />

superior quality and the omnipresence<br />

of the tortilla across the nation.<br />

IDEAL’s aim is to promote the creation<br />

and fast development of physical<br />

infrastructure and human capital in<br />

Latin America.<br />

IDEAL was established in 2005 when<br />

it was separated out from Grupo<br />

Financiero Inbursa. In that same year<br />

it was listed on the Mexican Stock<br />

Exchange. Its principal activities include<br />

the identification, assessment, financial<br />

structuring, implementation and<br />

operation of long-term infrastructure<br />

projects. To date, IDEAL has worked<br />

on development projects for highways,<br />

electricity generation, water treatment,<br />

and multimodal terminals.<br />

Grupo Lala is a company devoted to<br />

the production and marketing of milk<br />

and other dairy products.<br />

Born from a small group of milk<br />

producers, Grupo Lala now has 18<br />

plants nationwide and 165 distribution<br />

centers, delivering products to more<br />

than 500,000 points of sale. It also<br />

has production plants abroad, in<br />

Guatemala and the United States. The<br />

main focus of communication by the<br />

Group is on its huge portfolio of healthy<br />

products. Marketing propositions are<br />

built around taking care of those you<br />

love with slogans such as “It is so nice<br />

to watch them grow”. Grupo Lala joined<br />

the Mexican Stock Exchange in 2013.<br />

Elektra is a part of Grupo Elektra,<br />

founded in 1950 as a company<br />

devoted to the manufacture of radio<br />

transmitters.<br />

In 1957 it started operations as a<br />

marketing business, opening its first<br />

Elektra store. This remains one of the<br />

current business units in the group,<br />

together with its sister brand Salinas<br />

y Rocha. This brand has 990 stores in<br />

Mexico and 199 in Central and South<br />

America. Since Elektra targets low-tomiddle<br />

class segments in LatAm, each<br />

one of its 1,244 branches includes a<br />

Banco Azteca, aimed at offering their<br />

clients a financial institution that meets<br />

their specific needs. Elektra offers<br />

products such as electronics, white<br />

goods, domestic appliances, furniture,<br />

motorcycles, tires, mobile phones,<br />

computers, money wire transfers and<br />

extended guarantees. In late 2013, Grupo<br />

Elektra completed its latest purchase,<br />

Blockbuster de Mexico SA de CV, with<br />

Elektra becoming the affiliate in charge<br />

of handling all 293 Blockbuster stores.<br />

Palacio de Hierro has been in Mexico<br />

for 125 years and offers some of the<br />

world’s most valuable luxury brands,<br />

such as Louis Vuitton, Gucci and Prada.<br />

From its early days it has been known for<br />

its exclusive products, and is responsible<br />

for putting an end to the practice of<br />

bargaining which was common in the<br />

late nineteenth century in Mexico. In<br />

1995, Palacio de Hierro created its<br />

slogan “Soy Totalmente Palacio”; a<br />

phrase which has found a place in pop<br />

culture in the country. Describing itself<br />

as more than a department store, it<br />

considers itself a lifestyle trend-setter<br />

for a sophisticated audience. The brand<br />

also has a commercial, credit and real<br />

estate division, and a multi-channel<br />

approach to e-commerce.<br />

108 109

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