Grupo Uribe

What Grupo Uribe does

Grupo Uribe is a privately held Mexican conglomerate founded on March 6, 1962 by Óscar Uribe de la Sierra as Gas Uribe, headquartered in Tlalnepantla, Estado de México. The group operates four primary business lines: (1) L.P. (liquefied petroleum) gas distribution to residential, commercial, industrial, and automotive customers through branded regional distributors (Gas Uribe, Gas América, Gas Hidalgo, Gas Popo, Tolgas, Gas Narvarte, Gas de Tizayuca, Gas Fast, among others) spanning at least seven Mexican states; (2) automotive retail via wholly owned dealerships for Volkswagen, Mercedes-Benz, Audi, Porsche, SEAT, HINO, Chirey, and Ducati; (3) financial services through insurance carrier Metropolitana Cía. de Seguros, broker APAFI, equipment/vehicle lessor Smartlease (14 national locations), and a founding stake in Banco BanBajío; and (4) real estate via Residencial La Escondida. The group employs over 3,000 people and serves more than 500,000 residential gas customers.

Core operating infrastructure includes gas storage plants, a specialized L.P. gas transportation fleet (Transdraco, since 1964), installation and maintenance services (IGUSA, since 1964), hydrocarbon propellant production (Propysol, since 1978), and a pipeline interest through the Ductos y Terminales joint venture (since 2010) linking Tuxpan, Veracruz to Atotonilco de Tula, Hidalgo. Customer-facing digital channels include the Pide tu Gas mobile app (iOS/Android) and the *457 short-code ordering line, plus the Condomidraco condominium gas management platform that handles supply, administration, billing, and collection for over 500 buildings and 6,000+ end units. Pricing for residential LPG in Mexico City is set at MXN $10.56 per liter or MXN $19.56 per kilogram on a pay-as-you-go basis.

The business model is multi-vertical and family-controlled, with revenue generated across usage-based LPG sales (core), one-time vehicle sales plus service/parts/financing through dealerships, recurring insurance and leasing premiums, transactional real estate fees, and logistics revenue from third-party hydrocarbon transport. Geographic concentration is in central Mexico (Estado de México, CDMX, Hidalgo, Puebla, Querétaro, Veracruz, Morelos), with the customer base deliberately diversified across residential, commercial, industrial, B2B condominium administration, and automotive retail end-markets.

Name

Grupo Uribe

Legal name

Gas Uribe, S.A. de C.V.

Website

https://grupouribe.com.mx

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Grupo Uribe is a privately held Mexican conglomerate operating across L.P. gas distribution, automotive dealerships (eight brands), financial services (insurance, leasing), and real estate, serving over 500,000 residential customers and operating in at least seven Mexican states.

Ownership category

akta.pro rank

NAICS

Fuel Dealers (4572), Gasoline Stations and Fuel Dealers (457), Gasoline Stations with Convenience Stores (45711)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Retail-Auto Dealers & Gasoline Stations (5500), Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB)

akta.pro secondary industry

Alternative Transportation Fuels Retail (EV Charging, Hydrogen, CNG/LNG, Biofuels Blends) (EUALAIAI)

Keywords

• LP gas distribution
• Automotive dealerships
• Energy distribution
• Financial services
• Real estate services

Headquarters

HQ city

Benito Juarez

HQ country

Mexico

HQ region

Latin America

Offices14 records

Markets served

Revenue model

1. Gas L.P. Distribution: Distribution of liquefied petroleum gas to residential, commercial, and industrial customers through home delivery, cylinder distribution, and station refueling. Covers multiple Mexican states including Estado de Mexico, CDMX, Hidalgo, Puebla, Queretaro, Veracruz, and Morelos.
2. Automotive Dealerships: Sales and service of vehicles through multiple dealership brands including Volkswagen, Mercedes Benz, Audi, Porsche, SEAT, Hino trucks, Chirey, and Ducati motorcycles. Includes new vehicle sales, parts, service, and certified pre-owned programs.
3. Financial Services: Insurance operations through Metropolitana C.A. de Seguros and APAFI broker, plus Smartlease vehicle leasing and fleet management services with 14 national locations.
4. Real Estate Services: Residential La Escondida S.A. de C.V. offers purchase, sale, and rental of land, apartments, and commercial spaces.
5. Transportation and Distribution: Propysol produces hydrocarbon propellant for petroleum sector. Transdraco provides specialized L.P. gas transportation services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

Grupo Uribe is a Mexican diversified conglomerate founded in 1962 by Óscar Uribe de la Sierra that primarily distributes L.P. (liquefied petroleum) gas to residential and commercial customers across 7+ Mexican states, serving 500,000+ gas customers. Beyond its core LP gas business, the group operates automotive dealerships representing brands such as Volkswagen, Mercedes-Benz, Audi, Porsche, SEAT, HINO, Ducati, and Chirey, alongside financial services (insurance, leasing) and real estate services.

Product overview

Grupo Uribe is a diversified Mexican conglomerate with over 60 years of history, operating primarily as an integrated energy, automotive, financial services, and real estate group. The core business is Gas L.P. (liquefied petroleum gas) distribution, which includes residential, commercial, and industrial delivery services through brands like Gas Uribe, Gas América, Gas Hidalgo, Gas Popo, Tolgas, and others. The group provides ancillary services including installations (Instalaciones Gas Uribe/IGUSA), refueling stations (Estaciones de Carburación), transportation (Transdraco), and propane production (Propysol). Condomidraco offers 360-degree gas management for condominiums and commercial plazas. The automotive division operates dealerships for Volkswagen, Mercedes Benz, Audi, SEAT, HINO, Chirey, and Ducati brands. Financial services include Smart Lease (equipment leasing), Metropolitana insurance, and APAFI insurance broker. Real estate services are offered through Residencial La Escondida. The Pide tu Gas mobile app enables customers to order gas deliveries. The portfolio spans multiple Mexican states with over 3,000 collaborators serving more than 500,000 gas clients.

Differentiator

Problem solved

Functional benefit

Brands

• Pide tu Gas: Mobile application for ordering gas delivery
• Condomidraco
• Smartlease
• Movenergy
• Propysol
• Transdraco
• Residencial La Escondida

Quantifiable outcome

• Serves over 500,000 residential customers across Mexico
• +2 more outcomes

Named customers2 records

Segments6 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Movenergy S.A. de C.V.coreStrategic or Co-development Partner · 1 January 2015Commercial company established to commercialize GLP molecule in deep waters, expanding Grupo Uribe's energy sector capabilities.
• Ductos y TerminalescoreStrategic or Co-development Partner · 1 January 2010Joint venture for construction of gas pipeline infrastructure and storage terminal. The gasoduct runs from Tuxpan, Veracruz to Atotonilco de Tula, Hidalgo. Gas Uribe was among the first GLP importers in Mexico through this strategic alliance.
• Banco BanBajíocoreStrategic or Co-development Partner · 1 January 2005Grupo Uribe participated in the founding of Banco BanBajío, a regional banking institution in Mexico, demonstrating commitment to financial services diversification.
• PropysolcoreStrategic or Co-development Partner · 1 January 1978Wholly-owned subsidiary specializing in hydrocarbon propellant production for petroleum sector, industrial, and commercial infrastructure.
• Aldeas Infantiles SOS MéxicominorOthersCorporate social responsibility partnership supporting children's welfare through international SOS Children's Villages organization helping children without family care.
• AMANC (Asociación Mexicana de Ayuda a Niños con Cáncer)minorOthersCorporate social responsibility partnership supporting children with cancer through Mexico's first institution providing comprehensive accompaniment during oncology treatments.

Scale indicators6 records

Recent moves15 records

Expansion highlights2 records

Broad incumbents

• Suburban Propane Partners: Large US-listed LP gas distributor with branded cylinder and bulk delivery model analogous to Gas Uribe, although serving North American rather than Mexican customers.
• Pemex (Petróleos Mexicanos): Mexican state oil and gas company and LPG producer; Grupo Uribe's Ductos y Terminales JV was explicitly established to compete with Pemex-imported volumes.
• Ferrellgas Partners: US propane distributor with cylinder exchange, bulk delivery, and autogas programs providing a benchmark for unit economics in Grupo Uribe's gas business.
• AmeriGas Propane: Largest US propane distributor by volume; comparable business model to Grupo Uribe's branded-cylinder, bulk, and autogas operations at a much larger scale.
• Engie México: Multi-energy Mexican player operating across gas distribution, electricity generation, and infrastructure, conceptually similar to Grupo Uribe's diversified energy footprint.

Direct peers

• Gas Express Nieto: Mexican LP gas home-delivery and bulk distributor with similar customer-base economics to Gas Uribe across central Mexican states.
• Gas Butano: Mexican LP gas distributor with comparable cylinder and bulk distribution services targeting residential and commercial customers.
• Tomza: One of Mexico's largest LP gas distributors, competing head-to-head with Grupo Uribe in residential, commercial, and industrial LPG supply as well as autogas.
• Grupo Zeta (Zeta Gas): Mexican LP gas distributor with branded marketing and home delivery operations overlapping Grupo Uribe's core residential and industrial gas business.

Emerging players

• Grupo Chirey / Chirey Automotriz: Newer Chinese-brand automotive distributor in Mexico that Grupo Uribe itself carries; comparable as a competing multi-brand dealer group in the Mexican auto retail market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/UribeGrupo
• Facebookfacebook.com/GasLicuadoDeMexico
• LinkedInlinkedin.com/company/reclutamiento-grupo-uribe

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grupo Uribe