For faster navigation, this Iframe is preloading the Wikiwand page for Grupo Rotoplas.

Grupo Rotoplas

Grupo Rotoplas, S.A.B. de C.V.
Company typeSociedad Anónima Bursátil de Capital Variable
BMVAGUA
IndustryWater
FoundedFebruary 2, 1978; 46 years ago (February 2, 1978)
FounderCarlos Rojas Mota Velasco
Headquarters,
Mexico
Area served
Latin America and the United States
Key people
Carlos Rojas Mota Velasco (President)
Carlos Rojas Aboumrad (CEO)
ProductsWater tanks
filtration
US$435 million (2020)
US$640 million (2020)
Number of employees
3, 222 (2020)
DivisionsAcuantia
Bebbia
IPS, Instalamos Confianza
Señorial
Tuboplus
Plastic-Mart
Rieggo
Tank Depot[1]
Websiterotoplas.com

Grupo Rotoplas, S.A.B. de C.V. (English: Rotoplas Group) or simply Rotoplas is a Mexican multinational company dedicated to the manufacture of water storage and filtration tanks based in Miguel Hidalgo, Mexico City. It has a presence in 13 Latin American countries and the United States. Its main market is Mexico but it also has a presence in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Peru and Uruguay.

History

[edit]

Origins

[edit]

Rotoplas was founded on February 2, 1978, by Carlos Rojas Mota Velasco[2] in Coyoacán, Mexico City as a small business with less than 30 employees. In its beginnings it was dedicated to manufacturing pots for gardening and milk tanks. In 1989, it began manufacturing industrial polyethylene tanks using the rotational molding technique. In 1995, two product lines were sold in 3,000 points of sale in Mexico with 8 plants. Its popularity led the company to have up to 90% market share in the [mid-1990s. In 1996, they expanded abroad for the first time, beginning to sell their products in Guatemala. As of 2005, its main and only business focuses on the manufacture of water tanks or derivatives. On December 10, 201], they were listed on the Mexican Stock Exchange (BMV) under the ticker symbol "AGUA" ("WATER"). They entered the United States by acquiring Plastic Mart and Tank Depot in 2017 the two leading water storage tank providers in the US.

Acquisitions

[edit]

In 2010 the group of shareholders acquired the stake in Aqua International Partners. In 2016, they acquired all the shares of the Argentine company Talsar, S.A. dedicated to water heaters for 642 million Mexican pesos.[3] In 2018, they acquired all the shares of the Argentine company IPS[4] dedicated to the thermoplastic industry, being the main exporter of pipes and connections in 35 countries in addition to providing solutions to professional installers.

References

[edit]
  1. ^ Nuestras marcas
  2. ^ "Carlos Rojas Mota Velasco – Biografía".
  3. ^ "Adquiere Rotoplas a firma argentina".
  4. ^ "Rotoplas compra empresa argentina IPS".
[edit]
{{bottomLinkPreText}} {{bottomLinkText}}
Grupo Rotoplas
Listen to this article

This browser is not supported by Wikiwand :(
Wikiwand requires a browser with modern capabilities in order to provide you with the best reading experience.
Please download and use one of the following browsers:

This article was just edited, click to reload
This article has been deleted on Wikipedia (Why?)

Back to homepage

Please click Add in the dialog above
Please click Allow in the top-left corner,
then click Install Now in the dialog
Please click Open in the download dialog,
then click Install
Please click the "Downloads" icon in the Safari toolbar, open the first download in the list,
then click Install
{{::$root.activation.text}}

Install Wikiwand

Install on Chrome Install on Firefox
Don't forget to rate us

Tell your friends about Wikiwand!

Gmail Facebook Twitter Link

Enjoying Wikiwand?

Tell your friends and spread the love:
Share on Gmail Share on Facebook Share on Twitter Share on Buffer

Our magic isn't perfect

You can help our automatic cover photo selection by reporting an unsuitable photo.

This photo is visually disturbing This photo is not a good choice

Thank you for helping!


Your input will affect cover photo selection, along with input from other users.

X

Get ready for Wikiwand 2.0 πŸŽ‰! the new version arrives on September 1st! Don't want to wait?