Grupo Carso SAB de CV (GCarso) is a Mexico-based conglomerate engaged, through its subsidiaries, in the industrial, retail, infrastructure and construction sectors, as well as in the automotive industry. Its business is structured in four divisions: Industrial, which comprises the operations of Grupo Condumex SA de CV, a manufacturer of electrical conductors mainly used in the telecommunications, automotive and energy sectors; Retail, which includes the activities of Grupo Sanborns SA de CV, an owner of department stores, restaurants, boutiques and music shops; and Infrastructure and Construction, which focuses on the operations of Carso Infraestructura y Construccion SAB de CV (CICSA), involved in the development of activities related to the installation of pipelines, services for the chemical and petroleum industry, building proyects, civil engineering and homebuilding.