1971-85 FIRST PHASE – FOUNDATION AND LOCAL CONSOLIDATION

  • Founded in 1971 by the Canales Pahissa family
  • Phase of consolidation within Monterrey and its metropolitan area
  • Development of its infrastructure and business model

1986-97 SECOND PHASE – REGIONAL EXPANSION AND FORMALIZATION

  • Formalization: from a family business to an institutional organization.
  • Regional expansion: Coahuila, Tamaulipas, San Luis Potosi and Aguascalientes
  • Kickoff operation in Mexico City

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1998-2009 THIRD PHASE – CAPITAL INFUSIONS AND FURTHER EXPANSION

  • Two capital infusions received from international investment funds
  • GDN’s Life Insurance Company incorporated (Deco Seguros)
  • Expansion to US Hispanic market (Deco America)
  • National expansion in Mexico continued

2010-2016 FOURTH PHASE – CONSOLIDATION AND EXPANSION

  • Deco Seguros and Deco America reached their break-even points
  • Negotiations carried on for RE-purchasing the International Investment Funds participation
  • Integration of DECO Seguros’ corporate governance
  • Advanced organization of our human capital – structured for the next 5 years
  • Definition of a new business plan for 2017-2022