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.
Turism; Health; Financial consulting; Construction
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.
Other Print Outlets
Other TV Outlets
Imagen Televisión (Cadena 3)
Other Radio Outlets
XEDA-FM 90.5 FM Imagen Radio (Ciudad de México)
XHDL-FM 98.5 FM RMX (Ciudad de México)
XHLTN 104.5 FM Radio Latina (Tijuana, BC)
XHEY-FM La Kaliente (Hermosillo, Sonora)
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
Promotora y Desarrolladora Mexicana S.A. de C.V.
Querétaro Futbol Club
Affiliated Interests Founder
Olegario Vázquez Raña - See previous information
Mariano Escobedo 700, colonia Nueva Anzures, delegación Miguel Hidalgo, CP. 11590, CDMX. www.grupoempresarialangeles.com
Tax/ ID Number
Revenue (Financial Data/ Optional)
Operating Profit (in Mill. $)
Advertising (in % of total funding)
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.