Grupo Altex

Name

Grupo Altex

Legal name

CORPORATIVO AGROINDUSTRIAL ALTEX, S.A. DE C.V.

Website

https://grupoaltex.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Agro-Industrial Food Processing

NAICS

Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Food Manufacturing (311), All Other Food Manufacturing (31199)

SIC

Food And Kindred Products (2000), Canned, Fruits, Veg, Preserves, Jams & Jellies (2033), Wholesale-Groceries, General Line (5141)

akta.pro primary industry

Specialty Restaurant Chain Program Broadline Distributors (Contracted/Managed Supply) (AFAIAAAF)

akta.pro secondary industry

Specialty & Ethnic Grocery Wholesale (AFAIABAJ)

Keywords

• Frozen fruit production
• Frozen vegetable processing
• Fresh produce distribution
• IQF food manufacturing
• Agro-industrial processing

Headquarters

HQ city

Lomas De Chapultepec

HQ country

Mexico

HQ region

Latin America

Offices20 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Product Sales - Frozen & Fresh: Sale of frozen fruits and vegetables (IQF), fresh produce including hydroponic lettuce, salads, mushrooms through multiple product categories
2. Processed & Prepared Products: Sale of preserves, dressings, sauces, mayonnaise, pickled products, jams, fruit fillings, purees, syrups
3. Trading Operations: Global sourcing and trading of frozen fruits and vegetables year-round with supply chain management, quality control, and compliance services. Serving B2B, retail, and food service segments across 40+ countries
4. Seafood Products: Bluefin tuna and seafood product sales

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Grupo Altex is a Mexican agro-industrial group that produces, processes, and distributes fruits, vegetables, and seafood across six product lines: Congelados+ (IQF individually quick-frozen), Frescos+ (hydroponic lettuce, salads, mushrooms), Procesados+ (dressings, mayonnaise, sauces, preserves), Preparados+ (jams, purees, syrups, fruit fillings), Seafood+ (bluefin tuna, aquaculture), and Trading (global B2B sourcing). Operations span 10 processing plants in Mexico and 2 wheat mills in Cuba, with 7,000 employees and commercial offices in Miami, Barcelona, and Tokyo.

Product overview

Grupo Altex is a 100% Mexican agro-industrial group offering a diversified portfolio of fruit and vegetable products across six categories: Congelados+ (IQF+), Frescos+, Procesados+/Preserves+, Preparados+, Seafood+, and Trading. The company operates 10 processing facilities in Mexico and 2 mills in Cuba, with 7,000 employees worldwide. Consumer-facing products are sold under brands including Eva, Freshly, VitaPlus, and VitaJP, while the Jac+ sub-brand covers prepared items like guacamole and snacks. The Trading division provides global sourcing solutions for frozen fruits and vegetables across 40+ countries, serving B2B, retail, and food service segments.

Differentiator

Problem solved

Functional benefit

Brands

• Eva: Brand featuring variety and quality products
• Freshly
• Vita+
• VitaJP
• JAC+

Products and services

• Congelados+ (IQF+) Individually Quick Frozen (IQF) fruits and vegetables including berries, tropical fruits, strawberries, bananas, vegetables, vegetable blends, and riced vegetables. Processed at 3 IQF facilities in Mexico with 200+ million pounds per year bagging capacity. Sold to B2B, retail, and food service customers.
• Frescos+ Fresh produce including lettuces, salads, veggie bits/noodles, and mushrooms, featuring hydroponically grown lettuce using greenhouse technology. Sold to retail and food service customers.
• Procesados+ Processed products including dressings, mayonnaise, pickled items, sauces, preserved foods, and innovation products for food service and retail channels.
• Preparados+ Prepared fruit products including bases, fillings, jams, marmalades, purees, syrups, and stabilized fruit for the dairy industry.
• Seafood+ Seafood products including bluefin tuna (atún aleta azul) and aquaculture products produced at the Servaux Bleu facility in Ensenada, Baja California (northwest Mexico).
• Trading Global trading and sourcing operation providing year-round frozen fruit and vegetable supply solutions, serving B2B, retail, and food service customers across 40+ countries with 70+ growers in the network.

Quantifiable outcome

• 108,000 tons CO2 equivalent reduced in 3 years through renewable energy
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• MisionerocoreStrategic or Co-development Partner · 1 January 2021Misionero announced a strategic partnership with Grupo Altex in January 2021. This partnership enhances both companies' capabilities in serving the fresh produce market with complementary product offerings and distribution networks in the produce industry.

Scale indicators16 records

Recent moves10 records

Expansion highlights6 records

Emerging players

• SunOpta: North-American plant-based and specialty foods company with operations in fruit-based ingredients, frozen fruit, and plant-based beverages. Compares to Grupo Altex in value-added fruit processing (purees, fruit preparations) and organic/sustainability-certified sourcing.
• NatureSweet: Greenhouse-grown produce (tomatoes, peppers, cucumbers) producer with strong North American retailer relationships and sustainability certifications. Directly comparable to Grupo Altex on high-tech hydroponic greenhouse growing, ESG positioning, and retail private-label capacity.

Broad incumbents

• Dole Food Company: Global fresh fruit and vegetable producer/distributor with branded and private-label offerings across retail and food service worldwide. Comparable to Grupo Altex on global produce footprint, multi-region sourcing, and B2B plus branded consumer channels.
• Fresh Del Monte Produce: Global producer, distributor, and marketer of fresh and value-added fresh-cut produce with worldwide operations. Comparable to Grupo Altex in vertically integrated produce, value-added processing (fresh-cut, prepared), and global multi-region distribution.
• Birds Eye (Conagra Brands): North-American branded frozen vegetable and prepared foods portfolio within Conagra Brands. Comparable to Grupo Altex in IQF vegetables and B2B plus branded retail channels, though Conagra is significantly larger and consumer-facing.
• McCain Foods: Global frozen food incumbent best known for frozen potatoes but also expanding across frozen vegetables, breakfast, and appetisers. Comparable to Grupo Altex as a scaled IQF/B2B frozen supplier with multinational plant footprint and food-service channel presence.

Direct peers

• Hanover Foods: US-based processor of canned and frozen vegetables, fruits, and prepared foods supplying retail and food service. Comparable to Grupo Altex on processed/preserved fruit and vegetable SKUs (canned, frozen, pickled, sauces) and broadline B2B distribution.
• Bonduelle: French-headquartered global leader in processed vegetables (canned, frozen, fresh), with deep IQF and private-label penetration across Europe and the Americas. Directly comparable to Grupo Altex in IQF vegetables, broadline foodservice supply, and category leadership in frozen vegetables.
• Greenyard: Belgian vertically integrated fresh, frozen, and prepared produce supplier serving European retailers and food service. Closely comparable to Grupo Altex in the combination of fresh/frozen product range, private-label orientation, and broadline distribution model.
• Ardo Group: Belgian frozen vegetables, fruits, and herbs producer with global farming footprint supplying retail, food service, and industrial customers. Directly comparable to Grupo Altex's IQF core, year-round counter-seasonal sourcing model, and broadline B2B customer mix.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grupo-altex

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 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 Altex