Grupo México, S.A.B. de C.V. (BMV:GMEXICO B) will seek M&A. Marlene Finny de la Torre said during the Second Quarter 2022 Earnings Conference Call, "Having said that, I would like to highlight that we maintain a strong commitment towards organic growth within the company, our projects and our focus and priority in returning value to our shareholders and the communities in which we operate. Nevertheless, we will continue to constantly analyze accretive M&A opportunity to create value in our industries or other industries that could make sense depending on prices, numbers and everything that we would have to look at".
Grupo Mexico, S.A.B. de C.V. is a holding company. The Company's principal activities are in the mining-metallurgic industry, the exploration, exploitation and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The Company's business lines include Mining, Transportation and Infrastructure. Its Mining Division is represented by its subsidiary Americas Mining Corporation, whose subsidiaries are Southern Copper Corporation in Mexico and Peru, and Asarco in the United States. Its Transportation Division is represented by its subsidiaries Infraestructura y Transportes Mexico, S.A. de C.V. and Grupo Mexico Transportes S.A. de C.V. Its subsidiaries are Grupo Ferroviario Mexicano, S.A. de C.V., Ferrocarril Mexicano, S.A. de C.V., Ferrosur, S. A. de C. V., Intermodal Mexico, S.A. de C.V., and Texas Pacifico, LP, Inc. Its Infrastructure Division is represented by its subsidiary Mexico Proyectos y Desarrollos, S.A. de C.V.