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Grupo Empresarial Ángeles

Grupo Empresarial Ángeles

Corporate group with Mexican capital, which besides its participation in the communication media sector has also important investments in different buisness sectors such as tourism, health and finance throughout the whole country.

Grupo Empresarial Ángeles has a long business history, from private hospitals and rehabilitation centers to restaurants and luxurious hotels, including leasing and financial insurance companies.

In 2003, the conglomerate purchased Grupo Imagen, with which it entered into the media business. It acquired various radio stations and among them Radioactivo 98.5, one very popular station among the Mexican youth because it offered programmes with alternative music althoug later it transformed into a news station. Three laters later, the Group bought the daily newspaper Excélsior and its internet portal. Finally, in 2013 it launched its own open TV channel, Excélsior TV.

After all these actions “… Grupo Imagen Multimedia on the Avenue Universidad in Mexico City constructed the building where today have their seats Imagen Televisión, Imagen Radio and the newspaper Periódico Excélsior; it is the first Mexican conglomerate that owns printed media, radio and television…”, according to a document from the Federal Institute for Telecommunications from December 2016.

The presence in the media sector of Grupo Empresarial Ángeles has also an important impact for acquiring contracts for government publicity: a report from Fundar - Mexican Center for Analysis and Investigation shows that the group earned 385 millions of pesos in 2016.

The journalist Marco Lara Klahr, coauthor of the book "Los Amos de México" (The masters of Mexico), qualified the founder of Grupo Empresarial Ángeles, Olegario Vázquez Raña, as a skilled businessman who became successful due to its persistence but also due to its “proximity to the government“, especially with the former Mexican presidents Ernesto Zedillo and Vicente Fox.

Key facts

Business Form


Legal Form


Business Sectors

Turism; Health; Financial consulting; Construction


Individual Owner

Vázquez Raña Family

As leaders of Grupo Empresarial Ángeles, father and son, participate in key sectors of the Mexican industry: from private hospitals and rehabilitation centers to restaurants and luxurious hotels, in addition to leasing, insurance and financial consulting companies. Among the biggest government projects where the Vázquez Raña family participates is the extension of the Line 12 of the Mexico City's metro, as well as the construction of a network of public hospitals and highways in important development hubs of the City. The closeness of the Vázquez Raña family with the politically powerful actors in the country, mainly with the political party PRI is largely documented in press reports and briefing notes.

Media Outlets
Other Media Outlets

Other Print Outlets

Periódico Excélsior

Other TV Outlets

Imagen Televisión (Cadena 3)

Other Radio Outlets

XEDA-FM 90.5 FM Imagen Radio (Ciudad de México)

Other Online Outlets




Grupo Real Turismo S.A. de C.V.


Grupo Ángeles Servicios de Salud S.A. de C.V.


Grupo Financiero Multiva SAB de CV


Fundación Ángeles


Promotora y Desarrolladora Mexicana S.A. de C.V.


Querétaro Futbol Club

General Information

Founding Year


Affiliated Interests Founder

Olegario Vázquez Raña - See previous information




Mariano Escobedo 700, colonia Nueva Anzures, delegación Miguel Hidalgo, CP. 11590, CDMX.

Tax/ ID Number

Missing data

Financial Information

Revenue (Financial Data/ Optional)

Missing data

Operating Profit (in Mill. $)

Missing data

Advertising (in % of total funding)

Missing data


Executive Board

Missing data

Non-Executive Board

Missing data

Supervisory Board

Missing data

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

Grupo Empresarial Ángeles participates partially at the Mexican Stock Exchange Market with its hotels business sector, which makes it impossible to find operational or details about the profit they make with their media sector.
In October 2016 Imagen TV began transmitting, and with it, it became the third open TV network in Mexico. This was made possible after the Telecommunications Reform of the federal government which allows for the operation of four more networks. Its financial information is not available.
The Group's construction company, Prodemex, with which it gains governmental projects, is not listed on the main web page of Grupo Empresarial Ángeles.

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