Grupo M?xico, S.A.B. de C.V. (BMV:GMEXICO B) is seeking M&A. Marlene Finny de la Torre said during the Third Quarter 2021 Earnings Conference Call, "At the same time, we keep an eye open to all the M&A opportunities at the different divisions and at the different levels. So this is something that we are looking constantly. We have a very strong team in terms of M&A. So we see a good opportunity that we could be participating as well if it makes sense with the assets that we have and at a good valuation. But that's all we are looking -- we're always looking to any opportunities that make sense".
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.