Grupo Transportación Marítima Mexicana (TMM)

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Grupo TMM SA was formed in 1987 to serve as a holding Company for investments by certain members of the Serrano Segovia family. Today TMM is an integrated logistics and transportation Company in Mexico providing specialized maritime services, integrated logistics services, including trucking services, and ports and terminals management services, to premium clients throughout Mexico.

Grupo TMM, headquartered in Mexico City, has three operating segments: Maritime Operations, Ports and Terminals Operations and Logistics Operations.  A legacy of high debt forced the company to rationalise its offering and sell its stake in the Mexican rail business TFM in 2006.  Since then the TMM have recapitalised many of its vessels and invested heavily in new assets to increase future revenues.

Revenues for FY2009 totalled US$308.2m.

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