The Company was incorporated in Mexico City in 1980.
In 1982 changes its name to Grupo Inbursa, S.A. de C.V.
Between 1980 y 1990, the Company acquires the majority of shares of Cigatam, Artes Graficas Unidas, Fabricas de Papel Loreto y Peña Pobre, Galas de Mexico, S.A. de C.V., Sanborn Hermanos, Empresas Frisco S.A. de C.V., Industrias Nacobre, S.A. de C.V. and Porcelanite Holding, S.A. de C.V.
In May 1990 the Company changed its name to Grupo Carso, S.A. de C.V. and in june an initial public offering of shares at the Mexican Stock Exchange is carried out.
In December 20, 1990 Carso, together with Southwestern Bell International Holding Corp., France Cables Et Radio and a group of investors acquired the control of Telmex, through competitive bidding.
From 1991 to 1995 Carso acquired 35% of the shares of Compañia Hulera Euzkadi S.A. de C.V., the majority of shares of Grupo Condumex, acquired Grupo Aluminio, S.A. de C.V. and almost all of the shares of General Tire of Mexico, S.A. de C.V.
Carso splits in Carso Global Telecom, S.A. of C.V. And transfers the shares of its property in Telmex. Acquires 80% of the capital of Sears Mexico, while Sears Roebuck holds a 15% stake. Disinvests its papermaking assets in Loreto and Peña Pobre S.A. de C.V. and in the tire industry and acquires Conductores Latincasa, S.A. de C.V. Philip Morris México is restructured, company in which Grupo Carso participates with 49.9%.
In 1999 Grupo Sanborns redefined its corporate structure as the commercial unit of Grupo Carso and acquires El Globo Bakery. Carso acquires 66.7% of the capital stock of Ferrosur, a company holding the rights to operate the Mexico-Veracruz-Coatzacoalcos railroad.
In 2000, the acquisition of 51% of CompUSA, Inc., an American company in the technology and computing sector, was completed. In 2001 the business was split as part of the redefinition of the Group.
During 2003 Grupo Sanborns acquires 6 JC Penney stores and 13 stores of the Monterrey Bakery. Grupo Condumex enters the oil rigs construction business.
In 2004 Sanborns acquires the totality of the shares of Dorian's Tijuana. Starts operations outside of Mexico with the opening of a Sanborns, a Sears and a MixUp in El Salvador. At the end of the year El Globo Bakery is sold.
In 2005 Carso Infraestructura y Construcción S.A. de C.V. carries out a public offering through the Mexican Stock Exchange.
In 2007 the participation in 51% of the business of manufacturing rings and automotive liners in Condumex was sold. The participation in the tobacco business is reduced from 50% to 20% and the Porcelanite business is sold. CICSA merges Casas Urvitec S.A. de C.V. entering the housing sector. The first Saks Fifth Avenue store is inaugurated.
In 2010 Grupo Carso splits the mining and real estate businesses, creating Minera Frisco S.A.B. de C.V. And Inmuebles Carso, S.A.B. de C.V.
In 2011 Grupo Carso acquires a 70% stake in Tabasco Oil Company, the concessionaire oil company of the LLA56 block in the eastern plains region of Colombia. CICSA acquires the remaining 20% of the shares of Bronco Drilling MX, S.A. de C.V.
In 2013 Grupo Sanborns places a public offering of shares in Mexico and abroad. Grupo Carso sells to Philip Morris Internacional the remaining 20% of its stake in Philip Morris Mexico.
At the end of 2014 several oil, gas and electric energy activities are regrouped in the subsidiary Carso Energy.
In 2016, Grupo Sanborns acquires from Sears Roebuck a 14% stake in Sears Mexico and 14% in Inmuebles SROM. Additionally, it makes a capital investment in the e-commerce platform www.claroshop.com. Condumex S.A. de C.V. increases shareholding in Elementia, S.A.B. de C.V. From 35.62% to 36.17%. Carso Energy makes contributions as part of the agreements for the construction of the Waha-Presidio and Waha-San Elizario pipelines where it holds a 51% stake.
In August 2017, the companies Operadora Bloque 12, S.A. of C.V. and Operator Block 13, S.A. of C.V. were created.
Grupo Carso continues to consolidate its business portfolio around the four sectors that have been defined as strategic: Commercial, Industrial, Infrastructure and Construction and Energy.