Founded in 1992, Bal Holdings manages the export sales of silver, zinc, lead and industrial chemicals. The company handles global purchasing and merchandising activities for El Palacio de Hierro department stores. It operates a subsidiary, Pe oles Metals & Chemicals, which was established in 1974 and markets minor metals and chemicals. The company also operates Wideco , which offers sourcing solutions and buying office services to various companies in the mining industry, including machinery and equipment buyers. Bal Holdings markets silver and gold under the Pe oles brand through Bal International. Bal Holdings is a part of Bal US Group, which additionally operates retail and insurance and financial services businesses.
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