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Alfredo Achar Tussie, Comex Founder, Dies at 85

His rise linked business success to broad social investment across Mexico.

Overview

  • PPG Latin America's president Javier Sosa Mejía confirmed Friday that Achar Tussie had died at 85, prompting tributes from the paint maker’s regional leadership and allied foundations.
  • He grew a small family hardware shop into Comex, a national paint brand with more than 4,600 stores run by a network of franchise-style concessionaires.
  • The family completed a sale of Comex to U.S.-based PPG Industries in 2014 in a deal valued at about $2.3 billion.
  • He championed jobs, housing and education through groups such as Fundación ProEmpleo Productivo, Fundación Activa, Provivah, Fonabec and the Papalote Museo del Niño.
  • Honors cited in remembrances include the Medalla al Mérito Empresarial and a 2023 honorary doctorate from Universidad Anáhuac, and he is survived by his wife Paz Levy de Achar and their children Linda, Allegra, Elías and Marcos.