Fomento Económico Mexicano S.A.B. de C.V. (FMXB34)

Overview

Fomento Económico Mexicano, S.A.B. de C.V., known as FEMSA, is a multifaceted enterprise that centers its operations around being a leading bottler for Coca-Cola trademark beverages. The conglomerate distributes these beverages across a broad spectrum of Latin American countries, including Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. Founded in 1890, the company has its headquarters nestled in Monterrey, Mexico. Beyond its core bottling and distribution business, FEMSA diversifies its operations into retail, fuel stations, and pharmaceutical sectors, among others, catering to a variety of consumer needs in multiple countries.

Products and Services

• Coca-Cola Bottling: As a significant player in the beverage industry, FEMSA produces, markets, and distributes Coca-Cola trademark beverages. This includes a wide array of sodas, juices, and other soft drinks across various Latin American countries.
• OXXO Retail Chain: Operating under the OXXO name, FEMSA runs a widespread network of small-box retail chain stores across Mexico, Colombia, Peru, Chile, and Brazil. These stores offer a broad selection of convenience goods, playing a vital role in everyday retail.
• OXXO GAS Stations: Under the OXXO GAS brand, FEMSA operates retail service stations in Mexico. These stations provide fuels, motor oils, lubricants, and car care products, catering to the automotive needs of the population.
• Drugstores: The company has a strong presence in the pharmaceutical retail sector, operating drugstores under various brand names such as Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon. These stores are located in Chile, Colombia, Ecuador, and Mexico, offering a wide range of pharmacy services and health-related products.
• Manufacturing and Distribution: Beyond retail and beverage distribution, FEMSA is involved in the production and distribution of coolers, commercial refrigeration equipment, and other items such as plastic boxes, food processing, and weighing equipment. These operations underscore the company's diversification into industrial solutions.
• Logistics and Other Services: The conglomerate provides a plethora of auxiliary services including logistic transportation, distribution, maintenance, point-of-sale refrigeration solutions, and plastics solutions. It also has a distribution platform for cleaning products and consumables, reflecting its extensive operational network.
• European Operations: Expanding its footprint beyond Latin America, FEMSA operates small-box retail and food convenience chain stores across Switzerland, Germany, Austria, Luxembourg, and the Netherlands. These operations are under several brand names like k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.–), along with the distribution of pretzels under the Ditsch name, showcasing the company’s global presence in retail and fast-food sectors.