Vázquez Raña Family
The most influential members of the Vázquez Raña family are Olegario Vázquez Raña the father, who is the founder and President of the Managing Board of Grupo Empresarial Ángeles besides being an honorary member of the International Olimpic Committee; and his son, Olegario Vázquez Aldir, General Director of the Group.
As leaders of Grupo Empresarial Ángeles, they both participate in key sectors of the Mexican industry: from private hospitals and rehabilitation centers to restaurants and luxurious hotels, in addition to leasing, insurance and financial consulting companies.
Among the biggest government projects where the Vázquez Raña family participates is the extension of the Line 12 of the Mexico City's metro, as well as the construction of a network of public hospitals and highways in important development hubs of the City. Their company Prodemex had won the most important contracts for the construction of the new Mexico City International Airport. However, this was canceled by the López Obrador government at the end of 2018. Anyway, the construction company recently won a tender to rehabilitate a highway at the current airport, Benito Juárez, and perform other complementary works.
Along with that, the media department of Grupo Empresarial Ángeles, Imagen Medios de Comunicación, includes one newspaper (Excélsior), news websites (Excelsior.com.mx as the most known), radio (Imagen Radio) and television (Imagen Televisión), whose editorial policy tends to favour the interest of the political party PRI.
The closeness of the Vázquez Raña family with the politically powerful actors in the country, mainly with the political party PRI is largely documented in reports and briefing notes. Especially two episodes depict this relationship: in 2000, after the defeat of the PRI presidencial candidate, Francisco Labastida, the Vázquez Raña family offered its residency in Spain so that the politician can have temporary peaceful withdrawal from the political stage; in 2012, after serving as Mexican President for three days only, Enrique Peña Nieto organized a breakfast at the Heroic Military Academy of Mexico and Olegario Vázquez Raña was invited as a guest of honour, according to press releases.
In September 2016, the journalistic investigation on tax heavens Bahama Leaks pointed Olegario Vázquez Raña as the owner of offshore companies with the suspected purpose of avoiding taxes.
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Affiliated Interests Family Members Friends
Olegario Vázquez Raña - Brother of Mario Vázquez Raña, who until his death was the owner of Organización Editorial Mexicana (OEM), one of the most important media conglomerates in the country through with El Sol de México and the daily La Prensa.
Grupo Empresarial Ángeles participates partially at the Mexican Stock Exchange Market with its hotels business sector, which makes it impossible to find operational or details about the profit they make with their media sector.
In October 2016 Imagen TV began transmitting, and with it, it became the third open TV network in Mexico. This was made possible after the Telecommunications Reform of the federal government which allows for the operation of four more networks. Its financial information is not available.
The Group's construction company, Prodemex, with which it gains governmental projects, is not listed on the main web page of Grupo Empresarial Ángeles.