Striving to overcome the economic crisis: Progress and diversification of Mexican multinationals’ export of capital
EMBARGO: The contents of this report cannot be quoted or summarized in any print or electronic media before December 28, 2011, 7:00 a.m. Mexico City; 8:00 a.m. NewYork; and 1 p.m. GMT. Mexico City and New York, December 28, 2011: 2
Highlights
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Table 1. Mexico: The top 20 a non-financial b multinationals, by foreign assets, 2010
Rank Company Industry Status d Foreign
Total 123,254
Source:
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Profile of the top 20
Changes in the listing and ranking
Drivers of outward investment 3 28
Main industries
Geographic distribution of affiliates
Transnationality Index ´ ´ ´ ´
Ownership and status 4 28
Top 10 mergers and acquisitions, 2008-2010
Top 10 greenfield investments, 2008-2010
Head office locations and official language
Changes in assets, sales and number of employees, 2008-2010
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Table 2. Mexico: Snapshot of the top 20 multinationals, 2009-2010
% change, Variable 2008 2009 2010 2008-2010 Assets Sales Employment
Source: The big picture 3
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For further information please contact: Institute for Economic Research (IIEc), Vale Columbia Center on Sustainable National Autonomous University of Mexico (UNAM) International Investment (VCC)
Emerging Markets Global Players Project Institute for Economic Research, UNAM
Vale Columbia Center on Sustainable International Investment
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ANNEX I: Tables and figures
Annex table 1: Mexico: The top 20 multinationals: Key variables, 2010 Assets Sales Employment Number of Number of TNI Rank Name Industry foreign host (%) affiliates countries
n.a n.a.
n.a
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ANNEX I: Tables and figures
Total (average for the TNI percentage) 123,254 322,648 70,846 239,691 255,340 866,013 (37) h 223
Source:
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ANNEX I: Tables and figures
Annex table 1a. Mexico: Key variables for runners-up, 2010 Assets Sales Employment Number of Number of TNI Rank Name Industry foreign host (%) affiliates countries
Total (average for the TNI percentage)
Source:
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ANNEX I: Tables and figures
Annex table 2. Mexico: The top 20 multinationals: Regionality Index, 2010
Latin Middle East Number of East Asia & Developed East Europe Other America& North Company & North South Asia foreign the Pacific Asia Pacific & Central Europe the America Africa affiliates Caribbean
Source:
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ANNEX I: Tables and figures
Annex table 3. Mexico: The top 20 multinationals: Stock exchange listings, 2010 Company Domestic Foreign
Source
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ANNEX I: Tables and figures
Annex table 4. Mexico: Top 10 outward M&A transactions, 2008-2010 Target % of shares Value of Date Acquirer’s name Target company Target industry country acquired transaction Total 16,087
Source:
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ANNEX I: Tables and figures
Annex table 4a. Mexico: Top outward M&A transactions, 2010
% of shares Value of DATE Acquirer's name Target company Target industry Target country acquired transaction
Total 7,705
Source
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ANNEX I: Tables and figures
Annex table 5. Mexico: Top 10 outward greenfield transactions, announced a, 2008-2010
Value of Date Company Destination Industry transaction
Total 3,509.4
Source
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ANNEX I: Tables and figures
Annex figure 1. Mexico: Breakdown of the foreign assets of the top 20 multinationals, by main industry, 2010
Foreign assets Number of Industry Companies companies
Total 123,254 20 Source
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ANNEX I: Tables and figures
Annex figure 2. Mexico: Foreign affiliates of the top 20 multinationals, by region, 2010
Other
Europe 30 North America 12 East & East Asia & Developed
39 Central Pacific Asia Pacific Middle East Europe 2 & North Africa 8 8
6
6
South Latin America & Caribbean Asi a 118
Source:
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ANNEX I: Tables and figures
Annex figure 3. Mexico: Head office locations of the top 20 multinationals, 2010
Coahuila Altos Hornos
2 Nueva León Chihuahua Cemex Cementos FEMSA Chihuahua 1 Grupo ALFA
Interceramic Gruma
7 Xignux Vitro
Arca
Edo. México Industrias CH Mexichem 2 Distrito Federal América Móvil 8 PEMEX Grupo México Grupo Bimbo Grupo Televisa Grupo ELEKTRA San Luis Corp. Kuo
Source
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ANNEX I: Tables and figures
Annex figure 4. Mexico: Inward and outward FDI flows, 1980-2010
Source
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ANNEX I: Tables and figures
Annex figure 5. Mexico: Inward and outward FDI stock, 1980-2010
Source
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ANNEX II
Annex II. Activities of the top 20 in 2009-2010 CEMEX America Movil
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ANNEX II
FEMSA Grupo Mexico
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ANNEX II
PEMEX Mexichem Altos Hornos Gruma Grupo Bimbo Grupo Alfa
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ANNEX II
Grupo Cementos de Chihuahua Mexichem
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ANNEX II
Industrias CH Televisa Grupo Vitro San Luis Corporación
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ANNEX II
Interceramic
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