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Mexico City, October 28, 2024 – Grupo Herdez®, a leading company in the food sector in Mexico, celebrates 110 years of bringing the best of Mexican food to tables in Mexico and around the world. As part of this event, the company celebrated with a symbolic “bell ringing” at the Mexican Stock Exchange, where it has been listed for 33 years, reaffirming its commitment to transparency and growth in Mexico.

Since its founding in 1914, Grupo Herdez® has been distinguished by its constant growth, innovation, and quality of its products. Its entry into the stock market marked a milestone in its history, going beyond the borders of a family business to open up to the expansion opportunities offered by the capital market. In 1991, the food company made its first public offering for almost 800 million pesos, which represented the largest issuance at the time.

Access to the capital market has allowed it to finance most of its acquisitions since 2010, including Don Miguel, Wholly Guacamole, as well as the Impulse segment —which includes categories such as snacks, sweets, coffee shops, and ice cream—, which represents around 14.5% of the company’s current net sales.

The 110th anniversary celebration event was led by Héctor Hernández-Pons Torres, Chairman of the Board and CEO of Grupo Herdez®, and Jorge Alegría Formoso, CEO of Grupo BMV, who acknowledged the company’s trajectory.

“These 110 years represent a legacy of tradition and commitment to Mexico,” said Héctor Hernández-Pons Torres, “the relationship with the BMV has been key to consolidating our leadership in the sector and enhancing the impact on the country’s economic, social, and sustainable development.”

“We join in the celebration of the 110 years of Grupo Herdez, an emblematic company in the Mexican industry. Throughout more than thirty years listed on the Mexican Stock Exchange, it has found in our market the necessary support to finance its projects. For example, in the debt market it has raised more than 15 billion pesos. Recently, its foray into thematic bonds reflects its commitment to sustainability and the future,” said Jorge Alegría Formoso, CEO of Grupo BMV.

The history of Grupo Herdez in the BMV reinforces the importance of the stock market as an engine of development for Mexican companies, since in the last 20 years, the company has grown its net sales 7 times.

Grupo Herdez® maintains a firm commitment to sustainability and to the fulfillment of the Sustainable Development Goals of the United Nations 2030 Agenda through various initiatives, such as the first issuance of Sustainability-Linked Bonds by a food company in Mexico; support for suppliers with working capital financing with differentiated conditions for those who demonstrate that sustainability is part of their business model; the promotion of women’s empowerment with the signing of the Women’s Empowerment Principles (WEPS) and positioning itself as one of the first food companies in Latin America to be part of the CFO Coalition for sustainable finance.

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Grupo Herdez 2019

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2020

2020

  • 2020: In collaboration with La Costeña® and Sanfer®, we delivered 35,000 basic food baskets to benefit more than 175,000 Mexicans affected by the COVID-19 health contingency.

    We launched the first edition of Semillero Nutrisa®, a program to support Mexican women entrepreneurs to participate in a training and business development program.

  • 2021: We became the first consumer company in Latin America to partner with Google, a global technology giant, to accelerate our digital transformation. 

    We signed an agreement with the American company General Mills® to distribute their products in Mexico, with which we entered the categories of cereal bars and prepared dessert flours.


    We celebrated the 80th anniversary of Doña María® mole with the inauguration of Casa Doña María Pons, headquarters of Fundación Herdez® in San Luis Potosí.

    We were placed in the report “Mexican Companies for the 2030 Agenda in the Decade of Action” of the Global Compact, for the actions of the Saber Nutrir® program as a reference practice to achieve Zero Hunger, one of the 17 Sustainable Development Goals of the UN.

  • 2022: We acquired Interdeli and Deli, Dips & Snacks, expanding our capabilities to new categories such as hummus, cheeses, and dips, integrating brands such as Libanius, Flaveur, Liguria, and Señor Cactus into our portfolio.

    For the first time in our history, we brought the best of Mexican cuisine to the United Kingdom with the Herdez® brand, through a joint alliance with McCormick & Company, Inc.

    We issued the first sustainability-linked bond in the food industry in Mexico, committing to reduce our water consumption per ton produced by 2030.

    We signed the United Nations Women’s Empowerment Principles (WEPS), reaffirming our commitment to gender equality.

    We joined the UN’s CFO Coalition for the SDGs, which drives the transformation of corporate finance to achieve the goals of the 2030 Agenda.

    We joined the Pacto por la Comida of the BAMX Network, an initiative that promotes more sustainable food production and consumption systems, with the goal of reducing Food Loss and Waste in the industry.

  • 2023: We consolidated the integration of Chilim Balam® into the Impulse segment portfolio, with which we positioned ourselves in the candy and snack category in the retail model.

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