Monterrey, Nuevo León, February 2, 2026. — Xignux and GE Vernova announced that, after obtaining the corresponding regulatory approvals, the transaction announced on October 21 has been formally completed. As part of this transaction, GE Vernova acquired the remaining 50% equity stake in Prolec GE, consolidating full ownership for a total consideration of US$5.275 billion.

With this closing, a successful three-decade joint venture comes to an end, during which Prolec GE consolidated its position as a global benchmark in electric power transformation solutions, supported by a robust manufacturing platform in México and the United States, generating economic, technological, and talent value.

For Xignux, this transaction represents the successful execution of a strategic portfolio optimization decision aligned with its Vision 2030, strengthening its financial flexibility and expanding its capacity to evaluate and accelerate new investment projects. The company reaffirms its focus on consolidating leadership positions in the energy and food sectors, where it has solid platforms and clear ambitions for growth and sustainable value creation.

In the energy sector, through Viakable and its Viakon and Indiana cable brands, the company is recognized as a market leader in Mexico, the third-largest player in North America, and the sixth worldwide, supported by competitive industrial scale and a differentiated value proposition.

In the food industry, through Qualtia, the company offers a broad portfolio of cold cuts, cheeses, and protein products, anchored by emblematic brands such as Zwan, Kir, and Caperucita, as well as Peperami, the leader in the meat snacks segment in Mexico.

The company also serves the HORECA sector through its foodservice channel and provides ready-to-eat food in the convenience channel. Qualtia holds a nationwide leadership position in premium proteins through Carnes XO and maintains a strong presence in strategic categories across Mexico.

Through BYDSA, the company continues to strengthen its position as one of the leading players in the salty snacks category nationwide, with its iconic Encanto, Leo, and Lourdes brands, reaching a significant share of the Mexican market and the southern United States.

“This transaction represents the consolidation of a highly relevant chapter in Xignux’s history and, at the same time, opens a new chapter of focus and growth. We emerge stronger, with greater financial flexibility and with the conviction to continue consolidating our leadership in the energy and food sectors, where we have proven capabilities, exceptional talent, and a clear ambition to create long-term sustainable value,” said Juan Ignacio Garza Herrera, CEO of Xignux.

Xignux reaffirms its long-term commitment to México by contributing to the country’s energy and industrial growth, supported by its current workforce of 23,000 employees and ongoing job creation. The company remains focused on disciplined, long-term growth, guided by its Work Culture and Values, which have underpinned its performance and resilience for 70 years.