[2] The conglomerate is involved in Mexican sectors such as trade, energy, metallurgy, finance, insurance, pensions, investments, agriculture, health care, and music.
Grupo Nacional Provincial (GNP) is the largest insurance company in Mexico, with more than 20% of the market share in the country.
El Palacio de Hierro is a department store chain that points to the most affluent market in Mexico, with international brands, many of which operate exclusively as Hermès, Burberry, and Adolfo Domínguez, among others.
In addition to the operating department stores, of which there are nine locations, the group has diversified into the restaurant industry, design, travel, spa and boutique clothing brands.
The Autonomous Technological Institute of Mexico was founded on March 29, 1946, by the Mexican Association of Culture bringing together an outstanding group of bankers, industrialists and businessmen, led by Raúl Baillères, in order to make higher education the engine of industrial and economic change in Mexico.