EconomyFinancialBusinessman Francisco Garza Egloff dies at 67

Businessman Francisco Garza Egloff dies at 67

Francisco Garza Egloff, former director of Arca Continental, died this Sunday at the age of 67.

The Business Coordinating Council (CCE) sent its condolences for the death of Garza Egloff, who was also vice president of the Confederation of Industrial Chambers (Concamin).

Garza Egloff served as General Director of Arca Continental from January 2013 to December 2018. The position was held by Arturo Gutiérrez Ramírez, who was deputy general director.

The businessman was part of the boards of directors of Arca, Alpek and Axtel.

In addition to his career at Arca Continental, Garza Egloff was CEO of Sigma Alimentos between May 1999 and December 2022. He was also CEO of Polioles and Akra Polester.

Garza Egloff completed his undergraduate studies at the Instituto Tecnológico de Estadios Superiores de Monterrey and obtained his master's degree at Ipade.

Everything goes up, but Mexicans do not give up their Starbucks coffee or Domino's...

Starbucks and Domino's Pizza remain the restaurant operator's most profitable brands, with revenue growth of 43.3% and 16.5%, respectively.

The drop in copper production impacts the profits of Grupo México

At the same time that its copper production fell 6.6%, it observed a decrease in the price of the mineral of 18.6%

Get rid of inflation! Gentera achieves triple-digit profits

Despite the good dynamism of its portfolio, the institution will show caution in 2023 due to the "January slope" and the possible defaults of its clients.

Arca Continental enters the distribution of Don Julio tequila

The Coca-Cola bottler will now test distillate distribution, while reinforcing Topo Chico's presence in the ready-to-drink category.

Orbia's profitability falls in the face of inflation, currency volatility and Europe's energy crisis

The company's sales stagnated, its operating flow fell 28% and its net income fell 56%, due to the complex macroeconomic environment.