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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: we moved from a family business to an institutional
organization.
-
Regional expansion: Coahuila, Tamaulipas, San Luis Potosi and Aguascalientes
-
Kickoff of operations in Mexico
City
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
2010-2011 FOURTH PHASE – CONSOLIDATION
-
Deco Seguros (GDN Insurance company)
and Deco America have reached their
break-even points
-
Negotiations being carried on for
purchasing the International Investment Funds participation
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New objectives and goals of GDN being defined and
established
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